Benedict West
Benedict West
Benedict West
Biography
Benedict is experienced in all aspects of real estate finance in the UK and across Europe.
Benedict acts for both sponsors and lenders, with his lending clients including investment banks, clearing banks, debt funds and other alternative lenders and sponsor clients including private equity borrowers, institutional investors and developers. Benedict’s experience includes acquisition financings, development financings and refinancings, working across all real estate asset classes including offices, residential (both build-to-rent and build-to-sell), student accommodation, hotels, later living, self-storage, logistics and life sciences. Benedict has a focus on green finance and has experience of advising lenders and sponsors on this area, including some of the most significant green development loans in the UK.
Benedict has spent time on secondment in the real estate finance team at HSBC Investment Bank (Global Banking and Markets).
Benedict is recognised by Legal 500 UK 2024 as a rising star for Real Estate: Property Finance.
THE SUSTAINABILITY IMPERATIVE
Admissions
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England and Wales
Related Practice Areas
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Real Estate Finance
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Real Estate Life Sciences
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Real Estate
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Finance
Experience
- Advising Brookfield Asset Management funds on UK and European acquisition financings, including:
- Advising Brookfield Asset Management’s first European core-plus real estate fund (BPREP-E) on financing the acquisition of eight logistics assets located in France and the Netherlands. The facilities have a total value of c.€125 million.
- Advising Brookfield Asset Management’s first European core-plus real estate fund (BPREP-E) on the acquisition and development financing of four logistics assets located in Germany, the Netherlands and Spain. The facilities have a total value of c.€120 million.
- Advising Brookfield Asset Management’s fourth flagship opportunity fund (BSREP IV) on financing the acquisition of a logistics asset located in the United Kingdom. The facility has a value of £54 million.
- Advising Brookfield Asset Management’s first European secondaries fund (BRES) on financing the acquisition of four logistics assets located in the United Kingdom. The facilities have a total value of c.£106 million.
- Advising Argent on behalf of King’s Cross Central Limited Partnership to secure over £2 billion of financing used to fund the multi-award winning King’s Cross mixed-used urban regeneration scheme, including a £400 million green loan from Wells Fargo, HSBC and Helaba to support the development of two new environmentally-conscious office buildings.
- Advising Qatari Diar on a £400 million green loan for the development of their award winning Chelsea Barracks residential development provided by a consortium of five lenders: Credit Suisse AG, Standard Chartered Bank, Allied Irish Bank (UK) plc, Qatar National Bank and National Bank of Kuwait.
- Advising Lodha Developers UK Limited, part of the Lodha Group (India’s largest residential real estate developer), on development and inventory financings secured on its super prime residential schemes at No.1 Grosvenor Square, London and Lincoln Square, London.
- Advising Allianz Real Estate on providing a £140 million facility to finance the development of 33 Charterhouse Street, a London office-led scheme owned by a 50-50 joint venture of Helical and Ashby Capital.
- Advising HSBC Investment Bank on its financing of a purpose built student accommodation building in Birmingham.
- Advising LaSalle Investment Management on providing senior development finance for the Fusion design-led 437 bed luxury student accommodation in Nottingham.
- Advising Tristan Capital Management’s debt fund on its c.£45m acquisition facility to an Invesco and George Capital joint venture for the acquisition of the Fort retail park in Birmingham.
- Advising a global asset manager on providing a £323 million development facility in respect of St Giles Circus, a cutting edge mixed-use project in the heart of London’s West End.
Related Insights
Insights
Mar 22, 2024
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European distressed real estate – how will it play out this time?
News
Dec 04, 2023
Dec 04, 2023
BCLP receives first-ever recognition in The Legal 500 Green Guide: UK 2024
Insights
Nov 30, 2023
Nov 30, 2023
Scaling up sustainable real estate investment
News
Nov 10, 2023
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BCLP names global group to partnership
Awards
Oct 04, 2023
Oct 04, 2023
The Legal 500 UK ranks BCLP in 54 practice areas and recognizes 74 lawyers as “leading individuals”
News
Sep 04, 2023
Sep 04, 2023
BCLP advises Deutsche Hypo - NORD/LB Real Estate Finance on the financing of a logistics portfolio in France
News
Jun 26, 2023
Jun 26, 2023
BCLP advises Deutsche Hypo – NORD/LB Real Estate Finance on logistics financing in three jurisdictions
Insights
Feb 21, 2023
Feb 21, 2023
From brown to green: financing real estate decarbonisation
Across the real estate sector, the discussion has often focused on “green” development such as building carbon neutral real estate. Many traditional lenders have also focused their sustainability initiatives on financing renewable projects. Less attention has been given to develop specific energy efficiency solutions, activities which result in the “greening” of existing brown real estate assets. However, the market is shifting and in this article we explore the landscape of the financing options available to asset owners and managers to fund these types of energy efficiency projects with examples drawn from the US, UK, Singapore and Hong Kong SAR markets.
News
Jun 20, 2022
Jun 20, 2022
BCLP acts for Qatari Diar on £400M Development Facility
International law firm BCLP has advised Qatari Diar on a £400 million Green Loan for the development of their award winning Chelsea Barracks residential development.