Aprirose has acquired Spirit Pub Company’s portfolio of public houses from British Land for around £130m ($170m).

The deal comprised 45 sites, including properties in Brighton, Middlesbrough, Newcastle, Nottingham and Twickenham.

British Land is one of the largest property developers in the UK. The Telegraph reported that it has divested more than £2.5bn worth of assets ranging from individual shops and supermarkets to office blocks over the last five years.

With the latest acquisition, Aprirose’s estate of leased and managed pubs has increased to around 200.

“Against the backdrop of Brexit uncertainty, we are finding unique opportunities to acquire interesting assets.”

Aprirose chief executive Manish Gudka said: “In recent years our engagement with the pub industry has increased considerably.

“The acquisition of the British Land pub portfolio is a sign of our growing commitment to this exciting sector. Our investment into the Spirit Pub Company branded portfolio is a testament to our experience and strong track record in this field.

“Against the backdrop of Brexit uncertainty, we are finding unique opportunities to acquire interesting assets. The F&B sector is particularly appealing as we seek to build our own bespoke offering.”

In January this year, Aprirose acquired 22 Marston-branded pubs from property investor, manager and developer New River. Aprirose agreed to lease back 15 of the pubs back to Marston. The portfolio is located across the UK.