Addleshaw Goddard advises Mount Avril on £200m partnership with asset manager
Addleshaw Goddard has advised Mount Anvil, a central London specialist residential property developer, on a £200m partnership with global alternative asset manager Ares Management in order to purchase new sites and build more homes in central London.
The Pears Family has participated in the refinancing of certain of the existing Mount Anvil facilities.
Founded in 1991, Mount Anvil is an owner-managed business that develops high-quality homes in central London. Mount Anvil has built approximately 5,000 London homes, and since 2010 Mount Anvil and Ares Management have partnered on 10 residential projects throughout central London, including Lexicon and The Eagle on City Road (EC1), as well as The Filaments in Wandsworth (SW18).
The Addleshaw Goddard team was led by Mike Hinchliffe and Simon Wood and also included banking specialists Dave Wilson and Jo Chesher.
Linklaters advised Ares Management.
News from Addleshaw Goddard
News from The Lawyer
Briefings from Addleshaw Goddard
Data Issues Roundup — new Irish data protection commissioner appointed; Racing Post falls short on IT security; and more
Addleshaw Goddard has released the 15 September 2014 issue of its Data Issues Roundup publication.
The Court of Appeal in has considered the effect of a lease provision requiring a repeat guarantee as a condition of landlord’s consent on intragroup assignment.
Analysis from The Lawyer
Could Slater & Gordon achieve its stated aim of becoming a top consumer brand by acquiring Pannone?
The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.