01 Oct 2013 | 04:52 pm |
International law firm Pinsent Masons has advised, Barclays, HSBC, Lloyds and Royal Bank of Scotland, on the £550 million revolving facility for FTSE 250 property investment company Derwent London plc.
Derwent, which is the largest Central London focussed Real Estate Investment Trust in the UK, has made a name for itself by investing in an extensive portfolio of properties which are located within 800 metres of a Crossrail station. One of its landmark properties includes Number One Oxford Street, a regeneration project situated above the new Tottenham Court Road Crossrail and London Underground station at the junction of Tottenham Court Road and Oxford Street.
The Pinsent Masons team advising on the deal was led by banking partner William Oliver assisted by Liam Terry and Anthony Frost. Slaughter and May acted for Derwent London plc.
Commenting on the deal William Oliver said: "We have seen a noticeable increase in transactions over the past three to six months, culminating in a peak period over the summer where we closed deals worth over £1.2bn in the space of a fortnight. We have an encouraging pipeline in place and are hopeful that this is a positive sign of things to come.”
International law firm Pinsent Masons has hired Dr Totis Kotsonis to lead the firm's State aid and public procurement team within its Competition, EU & Trade Group.
Multinational law firm has hired partner Eran Chvika to expand the firm's project finance capability in France and Francophone Africa.
International law firm, Pinsent Masons, has advised the Department for Culture, Media and Sport (DCMS) on a successful landmark £1 billion deal with the UK's four largest mobile network operators (MNOs) to create the 'shared rural network' arrangement and improve mobile coverage across the country.
International law firm Pinsent Masons has hired Kanyi Lui into its Beijing office to expand the firm's finance offering in China and across Asia.
Pinsent Masons has appointed Dr Anne Sammon as an Employment partner in its Employment and Reward group in London where she will focus on clients within the Financial Services sector.
International law firm, Pinsent Masons, has successfully advised the founders and management of Redington, the independent institutional investment consultant, on an investment deal from Phoenix Equity Partners, a leading UK mid-market private equity firm.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on