Topland Group’s £7 Million Short-Term Bridging Loan For an Acquisition in Birmingham

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 involved a £7m short-term bridging loan to fund the acquisition of a large site at a distribution centre in Birmingham. Security was granted over this site but also over a second site in Shoreditch, London where the existing building had been demolished with planning to build a hotel and office space. Both sites had complex titles with a sub-sale involved in the acquisition of the Birmingham site. 

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