Mishcon de Reya has advised Cynergy Bank on a £20.3 million financing facility for a commercial property portfolio in South East London.
Kirpal Kaur commented: "We were delighted to have represented Cynergy Bank on this transaction, in particular given the complexities and time pressures that were involved. It was a pleasure to work with Bryan and Sarabjeet at Cynergy who were able to make swift decisions under pressure. It was also good to have Tony Tadros of SHC Capital (the team that had structured the transaction) on hand to assist in navigating the complex issues that this transaction involved."
Bryan Hawkins of Cynergy Bank commented: "We are pleased to have completed this financing and to support our client's continued growth strategy in the UK retail and mixed-use market. The transaction was delivered against an exceptionally tight timeframe and required close collaboration between all parties. This deal demonstrates Cynergy Bank's commitment to supporting businesses with pragmatic financing solutions for high-quality real estate investments."
The Mishcon de Reya team was led by Commercial Real Estate Partner Kirpal Kaur, supported by Tom Middleton (Partner), Venessa Toofanny (Of Counsel), Claudia Brush (Managing Associate), Daniel Wigman (Managing Associate) and Chloe Chatton (Managing Associate) from the Commercial Real Estate team; Nick Strutt (Partner), Alice Bucharova (Managing Associate) and Emma Magee (Associate) from the Real Estate Finance team; and Thomas Ren (Associate) from the Planning team.