Macfarlanes provides construction advice on the luxury Regent’s Crescent redevelopment

23 November 2018

Macfarlanes has advised Regent’s Crescent Property Holding (Lease B) Limited on the construction aspects of the redevelopment of the John Nash designed, Grade 1 listed, Regent’s Crescent into over 70 luxury apartments and mews houses.

Macfarlanes has advised on the letting of the building contract to JRL Group and the construction aspects of the subsequent sharia complaint financing of the development with a value of more than £350m.

The Macfarlanes team was led by construction partner Angus Dawson, assisted by senior solicitor Radhika Shah. Other firms involved include Bryan Cave Leighton Paisner, who advised on the financing, Eversheds Sutherland, who advised on real estate, Herbert Smith Freehills, who advised on planning and Charles Russell Speechlys, who advised on the residential plot sales.

Angus Dawson comments: “We are delighted to have assisted the investors in Regent’s Crescent Property Holding (Lease B) Limited. This is a complex redevelopment of a historically significant property in a sensitive location. The project demonstrates our strength in high-end residential developments and we look forward to its successful completion”.