Stephenson Harwood real-estate finance team advises on three landmark UK developments

Stephenson Harwood’s real-estate finance team has advised on the financing aspects of three key developments in the UK, including acting for HSBC Bank.

The firm acted for Deutsche Hypo and HSBC Bank in relation to the £44.25m financing of the acquisition of 43–48 Dover Street by Dover Street Investments Unit Trust, an investment entity owned by an affiliate of Crosstree Real Estate Partners LLP. The Stephenson Harwood team was led by finance partner Neil Murray.

It also acted for Deutsche Postbank AG and HSBC Bank in a club deal in relation to a £54m development financing at King’s Cross, in which the loan will be utilised by the borrower to develop a mixed-use residential and commercial site.

The team was led by finance partner Neil Murray and assisted by senior associate, Kate George, while Archie Campbell led on property matters.

In relation to a £19m financing relating to certain parts of the Albert Dock, Liverpool, Stephenson Harwood acted for a leading German bank and was led by finance partner Neil Murray, assisted by senior associate, Kate George. Robert Newman led on property matters.