Foot Anstey advises BLME on £15M financing facility

National law firm Foot Anstey has advised the Bank of London and The Middle East (BLME) on the completion of a new £15 million financing facility secured against a trophy retail asset in one of London’s most prestigious locations for a strategic Qatari sponsor.

The completion underscores BLME’s dedication to supporting clients with tailored financing solutions by leveraging the bank’s strong regional expertise in the Gulf Cooperation Council (GCC).

The Foot Anstey team was comprised of Partners Imam Qazi and Zahir Nayani and Senior Associate Aziz Deen. 

Imam commented: "We are pleased to have advised BLME on this significant financing facility, which highlights the continued strength of GCC investment in prime London real estate. It was a pleasure working alongside BLME to deliver a successful outcome for its client."

Jahid Miah, Associate Director, Real Estate Finance, BLME, commented: "We are thrilled to have completed this transaction. The deal is a testament to BLME's continued appetite and ability to support our clients with tailored financing solutions. The Islamic Finance team at Foot Anstey provided exceptional support, ensuring a smooth and efficient execution of this financing facility."