England - London • Real estate
Gowling WLG
Gowling WLG‘s client roster consists of UK clearing banks, debt funds, alternative lenders, and REITs. The practice is consistently active on development projects in the private rented sector, build to rent, student accommodation, data centres and hotels. Team lead Nick Turner is recommended for his expertise in restructuring distressed real estate finance deals and distressed assets, inter-creditor arrangements. Turner also frequently represents German banks on their investments.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'Transaction is typically partner led with support from a good quality associate base. The firm often collaborates well with the client and third parties (other consultants and other sides legal advisors).'
- 'Nick Turner is highly commercial and always considers the risks of the underlying transaction in his approach to documentation and negotiation of legal agreements. Very good at drafting bespoke legal agreements to cover deal risks and collaborates well with colleagues and the client.'
Key clients
- ICG
- HSBC Bank plc
- LBBW
- Aberdeen Standard European Logistics plc
- CBRE/Grosvenor
- DZ Hyp
- Empiric Student Property PLC
Work highlights
- Acted for Ealing Council on a £400m facility agreement for development and regeneration for the provision of social housing in the borough.
- Acted for Hayfield Homes on an increase to its existing facility with OakNorth Bank plc to a total maximum amount of £67m, in order to fund the purchase of an additional site. We acted on the facility increase and the purchase of four sites.
- Acted for Inland Homes on a £21.6m facility agreement with Homes England and a £1.75m increase to its existing facility agreement with Paragon, to refinance existing indebtedness and provide funding for its Cheshunt Lakeside development.
Lawyers
Leading individuals
Practice head
The lawyer(s) leading their teams.
Nick Turner