Leading advice on Real Estate Finance matters.

Our Real Estate Finance group is recognised as a leading adviser on real estate finance matters and acts for many high-calibre clients such as Deutsche Pfandbriefbank, Lloyds Banking Group, Eurohypo AG and Nationwide Building Society.

The team's deep understanding of the real estate market enables it to provide accurate advice, within the timescales required.

We provide innovative yet practical and commercial advice to both our lender and investor clients and have been involved in transactions using novel structures designed to increase flexibility and effectiveness.

We deliver a seamless offering in respect of both real estate lending and restructuring; our clients trust us on both types of deals.

As thought leaders, we were the first to create a real estate fund offering investors the chance to select their individual level of gearing. As a result of our involvement in this financing, we were short-listed for the 2011 British Legal Awards Banking Team of the year.

Eurohypo AG

Advised Eurohypo in its capacities as agent, arranger and underwriter in connection with their 7 year facility to Legal & General UK Property Income Fund.  

Advised Eurohypo in connection with three of their major new loans in the last 12 months:

• a £128m facility to AIM-listed Max Property Group plc to purchase over £200m of property from the administrative receivers of the Dunedin Property Industrial Fund;
• the staged refinancing of a £470m loan securitised via Opera Finance (MEPC) Plc.  The CMBS, completed in November 2005 and arranged by Eurohypo, was secured against four business parks; and
• the financing for Max Property Group of the sale and leaseback of 29 freehold pubs let to Enterprise Inns for £42.6m.

Pfandbrief Bank

Advised Pfandbrief in connection with its real estate acquisition facility to a borrower wholly owned and managed by a US insurance & annuity association and one of the largest financial services providers in the US, its acquisition of a recently developed office and retail building in London, SW1, and in connection with its facility to a new boutique equity real estate investment fund for the purposes of purchasing an SPV vehicle and owner of an iconic building in Greater London.

Heron International

Advised Heron on its joint venture with a fund advised by AREA Property Partners to construct and develop The Heron, a luxury residential tower in the City of London comprising 284 high-end residential apartments as well as new space for the world-renowned Guildhall School of Music and Drama. 

Kaupthing Bank hf

Advised Kaupthing in connection with its security over the former Middlesex Hospital site and on the formal sales process of the secured asset.

Landesbank

Advised Landesbank in connection with the complex debt restructuring and redevelopment of the Ihme-Zentrum Hannover, an inner-city building complex comprising some 120,000 sq m office and retail space and more than 800 apartments.