Pinsent Masons advises on £550m revolving facility
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.”
Key Contacts
Latest press releases
Show me all press releasesPinsent Masons bolsters its Competition, EU & Trade Group with appointment of Hans Jürgen Meyer-Lindemann in Düsseldorf
Pinsent Masons continues to expand its Competition, EU & Trade Group, with the appointment of competition law specialist, Prof. Dr. Hans Jürgen Meyer-Lindemann, as a partner in the Düsseldorf office.
Pinsent Masons advises HZI on its first Energy from Waste Plant in Australia
International law firm Pinsent Masons has advised HZI on the development of the A$511 million East Rockingham Resource Recovery Facility in Western Australia
Pinsent Masons advises Redington on deal from Phoenix
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.
People who viewed this press release also viewed
Show me all press releasesPinsent Masons advises Redington on deal from Phoenix
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.
Pinsent Masons advises CANCOM SE on its capital increase
International law firm Pinsent Masons has advised CANCOM SE on its share capital increase, valued at €174.2 million.
Pinsent Masons appoints new Head of Tax Fraud Investigations
International law firm Pinsent Masons has further enhanced its commercial litigation, regulatory and tax litigation practice with the appointment of Andrew Sackey as a contentious tax partner in its London office. Andrew will work with clients across each of the firm's five key global sectors – Energy, Infrastructure, Financial Services, Real Estate and Advanced Manufacturing & Technology.
For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on
Location contacts
Europe: [email protected]
Asia: [email protected]
Middle East: [email protected]
Australia: [email protected]