Mayer Brown Rowe & Maw (Iain Thomas) advised the Royal Bank of Scotland hotel and leisure team in relation to a facility (amount undisclosed) to Peel Hotels to fund the acquisition of the Avon George Hotel in Bristol and the George Hotel in Wallingford, and on the refinancing of existing borrowings secured on other hotels. Linklaters (Patrick Plant) advised Peel Hotels.
CMS Cameron McKenna (Nick Brown) advised Taylor Woodrow on the pre-letting of its development on the north side of Tower Bridge to Mercer Human Resource Consulting, a subsidiary of Marsh & McLennan Companies. Herbert Smith (Don Rowlands) advised new client Mercer.
Forsters (Sophie Hamilton, Howard Gill) advised a consortium of private investors, including Anglo Irish Bank’s new private equity fund, on the acquisition of two shopping centres at Torquay and Hyde, Greater Manchester, for a total purchase price of £40.9m. Taylor Joynson Garrett (Paul Lawrence, Philip Beer) advised the vendor.