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Brabners facilitates monumental deal for Liverpool cruise liner terminal

Wednesday 10 April 2024

We’ve supported Peel Ports in a landmark transaction worth hundreds of millions of pounds for the city of Liverpool, playing a pivotal role in securing a transformative deal for the city’s iconic cruise liner terminal.

Global Ports Holding (GPH), the world's largest independent cruise port operator, has signed a 50-year agreement with Peel Ports Group, which will see up to £25m investment, including the construction of a new terminal building.

It further positions the city as a premier destination for global cruise liners and reinforces its status as a dynamic hub within the maritime sector

The investment injected into this project promises to fuel economic growth, foster job creation, and amplify Liverpool’s allure as a vibrant cultural and commercial centre. 

Hailed as a significant milestone for Liverpool’s maritime industry, the deal also underscores our expertise in navigating complex transactions.

Our real estate and commercial teams led on the project, headed by real estate Partner and Head of Investment & Property Management Richard Roberts, real estate Partner Luke Taylor, commercial Partner Matt Brown and real estate Solicitor Adam McDonald.

Phil Hall, Port Director at The Port of Liverpool, commented: “Brabners has been a trusted partner of Peel Ports Group for over 20 years. They moved at speed to manage this complex transaction, working closely with our inhouse team over the recent bank holiday weekend to ensure the deal was completed.

“We’re extremely grateful for their professionalism and expertise in supporting this monumental deal for Liverpool.”

Richard Roberts added: “As a purpose-led business with national reach yet firmly anchored in the North, and an unwavering commitment to advancing the interests of clients and the community at large, we couldn’t be prouder in facilitating this deal. 

“The announcement of this transformative deal not only heralds a new era of growth and development for Liverpool’s maritime infrastructure but also serves as a testament to our standing as a trusted legal advisor capable of delivering exceptional results on the most intricate of transactions. 

“As Liverpool charts a course towards a future defined by innovation, prosperity, and global connectivity, we stand poised to help and empower clients across the city and beyond to achieve their most ambitious projects.”

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