UK: Mayer, Brown, Rowe & Maw LLP Act for Allied Irish Banks plc in £30 Million London Property Financing
Last Updated: 10 July 2003

The Finance and Real Estate Groups at Mayer, Brown, Rowe & Maw LLP acted for Allied Irish Banks plc providing a £30 million term loan to finance the acquisition by a Jersey Company of 38-48 Southwark Bridge Road and 62-64 Southwark Street London.

The property was part of a Prudential Assurance portfolio and is the London Disaster Recovery space for Schroders and other City financial institutions.

Mayer, Brown, Rowe & Maw LLP have been acting for Allied Irish Banks for some time on treasury and related matters. This deal represents the third investment property financing on which the practice has been instructed by the Capital Markets team in London.

Finance partner Simon Pullen and Real Estate partner Iain Thomas respectively led the Mayer, Brown, Rowe & Maw LLP finance and real estate teams. Carey Olsen provided Jersey advice.

The purchaser/borrower was advised by Kingsley Napley.

For further information, please contact:

Simon Pullen, Finance Partner: 020 7782 8701
Iain Thomas, Partner: 020 7782 8949
Angela Woodruff, Media Relations Manager : 020 7782 8804

About Mayer, Brown, Rowe & Maw LLP

  • Mayer, Brown, Rowe & Maw LLP has 13 offices worldwide, including representations in the world's major financial centres; London, Paris, Frankfurt and New York. Mayer, Brown, Rowe & Maw LLP's London office consists of over 100 partners, 300 lawyers and a total staff of nearly 600. We deliver multi-jurisdictional advice to the world's leading companies, financial institutions and multinational businesses.
  • Mayer, Brown, Rowe & Maw LLP is a combination of two limited liability partnerships, each named Mayer, Brown, Rowe & Maw LLP,  one established in England and one incorporated in Illinois, USA.

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