Allen & Overy has advised the joint mandated lead arrangers and green loan advisers involved in the deal.
Crédit Agricole Corporate and Investment Bank and DBS Bank Ltd., London Branch were involved in the GBP420 million five year green loan financing of British Land’s recently completed net zero carbon office development at 100 Liverpool Street in the City of London.
100 Liverpool Street has been described as a technical and logistical masterpiece, becoming British Land’s first net zero carbon development and winning The City of London ‘Building of the Year’ Award 2021 from The Worshipful Company of Chartered Architects. The development emphasised British Land’s commitment to re-use first, retaining 50% of the original structure and enabling faster and more cost efficient completion.
The A&O team was led by Oleg Khomenko (Picture) and real estate partner Emma Willoughby with support from senior associates Leanne Sheen (banking) and Jonathan Wolinsky (real estate), associate Emin Moskofian (banking) and trainee Adam Harwood (banking). Partner Parya Badie, senior associate Rob Simmons and associate Mara Pintilie-Westley advised the hedge counterparties.
Law Firms: Allen & Overy;