Legal DealFolio - Creechurch Place Development Joint Venture and Forward Funding

A multi-disciplinary team from Clifford Chance has advised long-standing client Helical Bar plc on the development joint venture and forward funding with Healthcare of Ontario Pension Plan (HOOPP) of Creechurch Place and associated arrangements with the City of London Corporation. Creechurch Place, formerly known as One Mitre Square, is to be developed into 271,000 sq ft of Category A office space and 2,000 sq ft of retail space in the City of London. Helical Bar plc have been appointed as development manager and have also retained an equity interest in the scheme via their participation in a joint venture with HOOPP. Jonathan Solomon was assisted by Real Estate Partner Franc Pena and Senior Associate Ian Painter. Planning advice was provided by Partner Nigel Howorth, who was supported by Associate Elizabeth Hardacre. Construction advice was provided by Director Marianne Toghill and Senior Associate Edward Bretherton, and Tax advice was provided by Partner, David Saleh.

Deal Date:	07-05-2014	Practice Area:	Real Estate
Deal Title:	Creechurch Place Development Joint Venture and Forward Funding	Industry:	Real Estate Investment & Services
Description:	A multi-disciplinary team from Clifford Chance has advised long-standing client Helical Bar plc on the development joint venture and forward funding with Healthcare of Ontario Pension Plan (HOOPP) of Creechurch Place and associated arrangements with the City of London Corporation. Creechurch Place, formerly known as One Mitre Square, is to be developed into 271,000 sq ft of Category A office space and 2,000 sq ft of retail space in the City of London. Helical Bar plc have been appointed as development manager and have also retained an equity interest in the scheme via their participation in a joint venture with HOOPP. Jonathan Solomon was assisted by Real Estate Partner Franc Pena and Senior Associate Ian Painter. Planning advice was provided by Partner Nigel Howorth, who was supported by Associate Elizabeth Hardacre. Construction advice was provided by Director Marianne Toghill and Senior Associate Edward Bretherton, and Tax advice was provided by Partner, David Saleh.
Financial Center:	London	Value:	0.00-0.00
Advised Party:	Developer	Law Firm	Clifford Chance
Development Jurisdiction	United Kingdom	Developer Jurisdiction	United Kingdom
Classification:	Real Estate Development Offices	Lawyer	Jonathan Solomon

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Real Estate Law Firms and Lawyers

Practice Areas - Real Estate Law Firms and Lawyers