Withers has advised the State Bank of India over a £300 million ($423 million) loan facility for the acquisition of The Old War Office in London by the Hinduja Group, which was represented by Norton Rose Fulbright.
The landmark property was acquired by The Hinduja Group in partnership with Spanish development company Obrascon Huarte Lain Desarrollos and is intended to be converted into a luxury hotel.
The Withers team was led by partners David Dannreuther and Paul Brecknell.
U.S. law firm Sterlington has hired prominent aviation lawyer Paul Jebely as partner and international vice-chair. Jebely, who is based in Hong Kong, joins from Withers where he was the global head of aviation.
International law firm Withers has bolstered its real estate practice in Asia with the addition of a two-lawyer team in Singapore from Shook Lin & Bok, led by partner Chau Hwei Lee, and the promotion of Akinari Nakano to partner in Tokyo.
Withers has welcomed back private client and tax attorney Laurence Ho as a partner in its Hong Kong office from Loeb & Loeb.