CBRE has been brought in alongside Savills to advise Duff & Phelps on the liquidation of BHS.
The department store chain was put into liquidation yesterday when a sale of the business as a going concern failed.
The chain will now be wound down, with leases sold to the highest bidders or handed back to landlords.
Restructuring specialist Hilco will handle the liquidation of store product.
The collapse of the chain, founded in 1928, is the largest retail liquidation since Woolworths in 2008. A total of 164 BHS stores will be liquidated. Woolworths’ portfolio extended to 807 shops.
Duff & Phelps had been in talks with Richess Group, fronted by Mothercare director Greg Tufnell and backed by Portuguese money, to buy BHS, but that deal collapsed. SportsDirect’s Mike Ashley was rumoured to have made a last-ditch bid for the business over the weekend, but his offer was not accepted.
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