Reed Smith has advised longstanding client London & Regional on the real estate aspects of the refinancing of its London HQ premises at 55 Baker Street.

The mixed-use building comprises over 500,000 sq ft of offices, restaurants, apartments and retail in Central London, and includes tenants such as BDO, Knight Frank and Oliver Wyman.

"We are delighted to have assisted L&R in securing a favourable new finance package on such a prime asset. The ability to advise clients on any and all matters relating to property portfolios, and the performance thereof, is reflective of the comprehensive international real estate service Reed Smith offers" said Jimmy Theodorou, vice-chair of Reed Smith's global real estate group.

The Reed Smith team also included Petar Orlic, Nav Sahota, Daniel Kyriakides, Josip Stajfer and Sara Edwards.

Fladgate LLP acted for London & Regional on the finance aspects of the transaction; the other parties were represented by Hogan Lovells, Paul Hastings and Berwin Leighton Paisner.