Qatari Diar’s £400 Million Development Facility

In UK Bryan Cave Leighton Paisner, advised on the matter.

Bryan Cave Leighton Paisner advised Qatari Diar Real Estate Investment Company with a team including Payam Yoseflavi (Picture – Real Estate).

Qatari Diar was granted a £400 million Green Loan for the development of their award winning Chelsea Barracks residential development.

The financing, provided by a consortium of five lenders: Credit Suisse AG, Standard Chartered Bank, Allied Irish Bank (UK) plc, Qatar National Bank and National Bank of Kuwait, aligns with the Loan Market Association’s Green Loan Principles. Chelsea Barracks achieved this qualification having met the strict criteria through the masterplan’s 2021 LEED Platinum certification.

The BCLP team was led by Partner Payam Yoseflavi (Picture) and Senior Associate Benedict West (Real Estate Finance) supported by a multidisciplinary team from Real Estate Finance, Commercial Construction, Real Estate, Tax and Structured Finance.

 

Involved fees earner: Benedict West – Bryan Cave Leighton Paisner; Payam Yoseflavi – Bryan Cave Leighton Paisner;

Law Firms: Bryan Cave Leighton Paisner;

Clients: Qatari Diar Real Estate Investment Company;

Author: Giulia Di Palma