National law firm Shoosmiths has worked with long-standing client Chord Investments Ltd to complete work on the sale, lease-back and refinancing of a large mixed-use scheme in Birmingham's Jewellery Quarter.
The scheme, St Paul's Place, combines 148 apartments and a substantial commercial office space off St Paul's Square.
Shoosmiths has acted for the developer, Chord, throughout the life-cycle of the project; advising initially on the site acquisition then development, funding, management and lettings.
Reflecting the complexities of the transaction, various Shoosmiths teams worked together for the client, including Paul Scott and Anna Wright in construction, Rosalind Andrews and Rebecca Bergin in planning and Tom Wilde in tax, led by David Perry in real estate.
David Perry, senior associate, real estate, said: 'Our work with long-standing client Chord demonstrates the strength and depth of our teams here in Birmingham and underscores our expertise in development, planning, tax and construction work in this region.
'We are proud of the work we are doing with Chord, who we have worked with since our move to Birmingham.'
Chris Rosier, director of Chord, said: 'Shoosmiths couldn't have done more for us and we have been happy to receive advice from the firm in many areas. The project as a whole is nearing completion now and this would not have been possible without the exemplary legal advice we received from David and the team at Shoosmiths.'
Shoosmiths' real estate group is one of the largest in the UK, spread over eight offices from the south coast to the North West, comprising a team of more than 39 partners and 254 people.
The group is made up of teams advising on real estate, construction, planning, property litigation, and environmental.
Shoosmiths' clients include commercial and residential developers, investors, retail and leisure operators, social housing bodies, major corporate occupiers, banks and other funders and a range of public sector bodies.