With one of the largest dedicated real estate finance teams in the City, we are a fully integrated team comprising a mixture of finance, real estate and construction lawyers. This one team approach enables us to work together in a joined up way for exceptional service delivery: we know each other well and enjoy working together.
Our team also work closely with the firm's specialists in corporate, tax, construction, planning, environment and regulation, providing you with a seamless service across all departments. You can expect our advice to get to the point. We will deliver pragmatic advice based on an understanding of your goals and the market in which you operate.
Our real estate finance experts advise banks, alternative lenders, borrowers, investors, funds and developers across the real estate investment and development sectors.
We can help you with:
- bilateral and syndicated loans – investment and development; public and private sectors
- senior and mezzanine facilities – dealing with complex intercreditor issues
- financing real estate investment funds, REITs, unit trusts, limited partnerships and other entities, both on and off-shore
- tax efficient funding structures
- specialist sectors, including the private rented sector (PRS), student housing, hotel/leisure, life sciences, healthcare, education, and other not-for-profit sectors
- loan restructuring and dealing with distressed debt
The team are at the forefront in driving industry change. They have contributed significantly in developing the guidelines, published by the LMA, in relation to the application of Sustainability-Linked Loan Principles. We have supported our clients on the property-holding implications of the Economic Crime (Transparency and Enforcement) Act 2022 through training, articles and speaking to industry professionals. We understand the benefit to our clients in having lawyers that are integrated in industry conversations to help them pre-empt and navigate challenges within the market.
"Good collaboration between SH teams to address issues and provide solutions to close transactions."
The Legal 500 UK 2023
Barings Real Estate
Advised on the £87.8 million refinancing of Wellington Place 19, 5 asset multi-let office complex in Leeds, for the international business of Federated Hermes and Canada Pension Plan Investment Board (CPP Investments).
Bayern LB
Advised in connection with a £66.5 million term loan facility made available by Bayerische Landesbank to fund the acquisition of the property known as 14 Ryder Street, London.
Hotel Properties Ltd
Acting for HPL, listed in Singapore, as borrower in relation to the £360 million development financing of the Paddington Cube, a mixed-use scheme designed by Renzo Piano at Paddington with a gross development value of £825 million.
ING
Advising ING as mandated lead arranger, senior lender and agent on a £177 million whole-loan and related intercreditor arrangements with a junior lender advised by Global Holdings. The facility was to refinance the mixed-use Notting Hill Gate Estate, London, held by UK asset manager Frogmore and its joint venture partner Morgan Stanley.
Wells Fargo
Acting for Wells Fargo’s £70 million development financing of Regents Wharf, King’s Cross for Regents Wharf Property Unit Trust.
LaSalle fund
Acting for National Pension Service of Korea on the £780 million acquisition financing of Plumtree Court, Goldman Sachs’ new European headquarters.
Wells Fargo
Advised on the £28 million refinancing of Peel Logistic Properties logistics assets at Port Salford and Liverpool International Business Park, Speke and the £70 million RWPUT development financing.
Barings real estate
Advised on the €188.5 million senior secured real estate investment loan to finance KKR and Palm Capital's acquisition of a portfolio of 73 industrial and logistics assets across the Republic of Ireland.
BNP Paribas
Advised on a portfolio of private wealth loans secured over high value London property.
Canada Life
Advised on a £43 million facility supported by a portfolio of residential blocks in the heart of London.
Barings real estate
Advising on the financings of a student accommodation block in Barcelona, Spain and a warehouse facility in Bremen, Germany.
Wells Fargo
Advised Wells Fargo on an initial £60 million debt facility (with £100 million accordion), for the acquisition of a portfolio of UK supermarket assets.