HB The Legal Corner Magazine #Issue 13

In addition, John Oliver Bellasis managed all post-

We are pleased to have recently acted for Punjab National Bank (International) Limited in connection with a substantial loan facility to support the purchase of three newly built commercial units in Southall. The transaction, which had a combined value of £21,500,500 required close liaison with multiple

completion matters, including applications to HM Land Registry and Companies House, as well as overseeing the completion of the conditions subsequent. This matter highlights both the scale and complexity of the transactions our team is regularly instructed to handle and demonstrates the importance of combining banking & finance as well as commercial property teams to deliver results within demanding timescales.

firms of solicitors in order to coordinate the successful

acquisition of the three largest units. Rima Sengupta was responsible for negotiating, drafting, and agreeing the security documentation, which included complex cross-collate ralisation arrangements. We also prepared and delivered detailed due diligence reports on title and planning with input from our property team.

At Harold Benjamin we pride ourselves on delivering

commercially-focused advice on transactions of this nature, guiding our clients from initial planning through to completion.

rima.sengupta@haroldbenjamin.com

Connect with Rima

john.bellasis@haroldbenjamin.com

Connect with John

HAROLDBENJAMIN.COM

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