A raft of top UK law firms have taken roles on Westfield’s sale of a 50% stake in its shopping centre next to the site of the London 2012 Olympics, after the retail giant struck a £871.5m deal with two overseas pension funds.

Westfield has instructed three law firms on the deal, which will see the Australian property developer sell off 50% of Westfield Stratford City to Holland’s APG and the Canadian Pension Plan Investment Board.