Payne Hicks Beach

Payne Hicks Beach

04 October 2016

LMT Southgate Holdings Limited’s refinancing by HSBC Bank Plc

Payne Hicks Beach advised LMT Southgate Holdings Limited (“Southgate”) on the refinancing of its current secured loan from the Royal Bank of Canada by HSBC Bank Plc.  Southgate owns freehold property at 56 to 64 The Strand, London WC2, and its tenants include Top Shop, Pizza Hut and Abercrombie & Kent.   

The Payne Hicks Beach team included Property Partner Justin Dunlop and Corporate Partner Jonathan Gatward. Irwin Mitchell acted for HSBC Bank Plc and in-house counsel for the Royal Bank of Canada.   

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