Macfarlanes continues to advise on Oaklands development in west London with £50m debt financing

08 June 2021

Macfarlanes has advised Oakfield A Limited and Oakfield B Limited on its debt financing in excess of £50m from Deutsche Bank AG, Singapore Branch in relation to the development at Oaklands, Old Oak Common Lane, London

The Oaklands development, which forms part of the UK’s largest regeneration scheme at Old Oak Common, will provide 605 new homes, 40% of which will be affordable housing as well as 3,500 sqm of office and commercial space.

The Macfarlanes team was led by finance partner Colin Morgan with assistance from senior solicitor Lizzie Chamberlain. Real estate advice was provided by partner Dan Marriott with support from senior solicitor Laurie Fletcher and solicitor Gwen Llewelyn Atkinson.

Colin Morgan comments: “Macfarlanes has worked with Oakfield A Limited and Oakfield B Limited on the acquisition and development of the site since 2015 - and so we were delighted to have continued on this exciting journey with our client by advising on the financing of the site which will allow for the first stage of occupation of the build-to-rent flats within the development.”