Topland Group’s £20 Million Acquisition Financing of a Property in London

In UK Charles Russell Speechlys, advised on the matter.

Charles Russell Speechlys advised Topland Group with a team including Sarah Wigington (Corporate M&A), Andrew Keeley (Real Estate), Naomi Nettleton (Picture – Real Estate), Helen Coward (Tax Finance).

The transaction concerned a £20m loan to refinance the acquisition costs of a property near Liverpool Street Station, London. There were added layers of complexity as the property had been purchased via the acquisition of shares in the PropCo SPV, with the property being hived-up to the borrower post-completion.  The transaction was also cross-jurisdictional with security being taken from Lux and Hong Kong entities.  

Topland Group is one of the largest multi-billion pound, privately owned investment groups. It is continuously looking to deploy its extensive cash reserves across a range of different sectors.

The team was led by Real Estate partner Naomi Nettleton (Picture) with support from Daniel Sullivan, Cara Whiffin, Adel Shetty, Leigh Stimpson and Phoebe Grizzell (Banking), Sarah Keens (Real Estate), Sarah Wigington (Corporate) Helen Coward (Tax), Andrew Keeley (Construction) and Victor Regnard, Claire Moura, Clément Missey (Luxembourg).

Involved fees earner: Helen Coward – Charles Russell Speechlys; Andrew Keeley – Charles Russell Speechlys; Sarah Keens – Charles Russell Speechlys; Clément Missey – Charles Russell Speechlys; Naomi Nettleton – Charles Russell Speechlys; Victor Regnard – Charles Russell Speechlys; Adel Shetty – Charles Russell Speechlys; Daniel Sullivan – Charles Russell Speechlys; Cara Whiffin – Charles Russell Speechlys; Sarah Wigington – Charles Russell Speechlys;

Law Firms: Charles Russell Speechlys;

Clients: Topland Group;

Author: Giulia Di Palma