Druces have advised GS Technologies Ltd. (LSE: GST), a fintech company, on a US$10 million unsecured term loan facility agreement with Clarivan Group Kommanditbolag, a company incorporated in Sweden....
We act for borrowers and lenders on a range of real estate finance transactions, including for acquisitions and construction; ‘off-plan’ development funding; bridging and mezzanine facilities and REIT property funding transactions. Our clients range from banks and financial institutions, investment funds, finance houses, to private investors and a range of borrowers.
Legal 500 commentary
Druces was again ranked in the Legal 500.
“The standout feature of Druces is the level of partner engagement combined with excellent technical knowledge and a focused commercial approach’’.
Recent work
- Last year we advised over 100 property investment syndicates from initial purchase through a nominee company, its financing, its subsequent management and eventual disposal.
- We advise a London bank on its new property finance transactions including sharia’a compliance advice.
- We advised an Islamic bank on the £30m financing, through a Murabaha structure, of a large Midlands logistics hub.
- We acted for a group of Middle Eastern Investors in connection with the acquisition and lease back of a government building in the East Midlands.
Who to Contact
AFSOR ULLAH
Partner & Head of Islamic Finance
Afsor is a Partner and Head of Druces Islamic Finance team. With a decade of experience advising UK and Middle Eastern clients on Islamic finance, property transactions, and Shariah-compliant structures., he is a recognised voice in the sector. He regularly contributes to industry commentary and mentors aspiring lawyers.
ANTONY COTTON
Partner and Head of Banking & Finance
Antony leads the Banking and Financial Services Practice at Druces with a commitment to excellence and client satisfaction. With a wealth of experience and exceptional skill in navigating complex financial transactions, Antony brings a blend of commercial acumen and strategic insight to every deal.
With a firm belief that the key to client satisfaction lies in understanding the broader business context and anticipating the needs of his clients, Antony’s philosophy is to approach each transaction with a strategic mindset, always looking to deliver results efficiently and effectively, while fostering long-term relationships with his clients, built on trust and success.
Outside of work, Antony is a keen (though injury prone) runner and father of an 11 year old budding airline pilot.
CHRISTOPHER AXFORD
Head of Corporate
Christopher is the Head of Corporate and is a member of Druces Executive Committee which manages the firm’s direction and vision for the future. He deals with a broad range of corporate and commercial matters, including AIM and AQSE work, national and international joint ventures and group restructuring.
How can we help?
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