Mishcon de Reya consolidated its longstanding relationship with limited company Business Environment (BEL), the serviced office accommodation provider, by landing a lead advisory role on a corporate reconstruction and a £102m refinancing with Nationwide Building Society. Partner Nick Davis led the Mischcons team, which included corporate partner Kevin McCarthy and corporate assistant Mark Hirschfield. Howard Kennedy advised BEL on property and finance. Commercial property partner Nicky Stewart led the Howard Kennedy team, with banking partner Steve Clinning. Partners Sandra Forbes and Colin Lingman led for Burges Salmon, which acted for Nationwide.