Daisy Deller

Associate

London + 44.20.7039.5336

Daisy Deller focuses her tax practice on a wide range of UK corporate and international tax matters. Her experience spans M&A and private equity (including acquisitions and disposals in a wide range of sectors and internal group reorganizations), direct and indirect real estate transactions and real estate private equity, debt financing acting for sponsors and lenders of all such transactions, and other nontransactional financings (including subscription lines, net asset value financings, and back leverage strategies). She has represented multinational groups, real estate and private equity funds, sponsors, debt funds, and banks on such tax matters. She has a particular focus on real estate investments (acquisition, financing, and disposal), acting for real estate developers and investors and real estate debt funds.

Daisy has recently advised Blackstone Real Estate Debt Strategies on the acquisition of $1 billion performing senior mortgage loan portfolio from Deutsche Pfandbriefbank; Ares Real Estate on the £400 million acquisition of a portfolio of hotels located in major cities in the United Kingdom (including London) from Landsec and hotel operations with respect to such hotels from AccorInvest; Macquarie Asset Management on its acquisition of Beacon Hospital in Dublin; private equity investor Aurelius on its acquisition of The Body Shop from Natura & Co S.A.; private equity backed QSPR on its investment into Chopstix Noodle bars; and Greystar Real Estate Partners on its forward funding of Renshaw's Yard (a 391-home build-to-rent development in Surrey) and its joint venture with Abu Dhabi Investment Authority on their landmark build-to-rent development (to develop 1,286 new homes) in Bermondsey, London and the debt financing of such development.

Experience

  • J.F. Lehman acquires Forged Solutions GroupJones Day advised J.F. Lehman & Company in connection with the acquisition and financing of Forged Solutions Group, Inc. and its subsidiaries from affiliates of Arlington Capital Partners.
  • Omnicom Group completes offerings of $1.7 billion and €600 million of Senior NotesJones Day represented Omnicom Group Inc., a leading provider of data-inspired, creative marketing and sales solutions, in connection with its public offerings of $1.7 billion of U.S. dollar-denominated Senior Notes and of €600 million of Euro-denominated Senior Notes.
  • Omnicom Group completes offerings of $1.7 billion and €600 million of Senior NotesJones Day represented Omnicom Group Inc., a leading provider of data-inspired, creative marketing and sales solutions, in connection with its public offerings of $1.7 billion of U.S. dollar-denominated Senior Notes and of €600 million of Euro-denominated Senior Notes.
  • Macquarie Transportation Finance jointly divests Macquarie AirFinance alongside co-investors ART and PGGMJones Day is advising Macquarie Transportation Finance in the Joint divestiture of Macquarie AirFinance Limited, an aircraft leasing platform servicing a broad customer base of major global commercial airlines, alongside its co-investors ART and PGGM, to Dubai Aerospace Enterprise (DAE) Ltd. for an approximate enterprise value of $7 billion.
  • ABM obtains $255 million incremental term facilityJones Day advised ABM Industries Incorporated (NYSE: ABM), a leading provider of facility solutions, in connection with an amendment to its existing credit facility with Bank of America, N.A., as administrative agent, which provided for a new incremental term facility in an aggregate principal amount of $255 million, the proceeds of which were used to partially fund the acquisition of all of the issued and outstanding share capital of Iveagh New Opportunities Limited, a company incorporated in Ireland, and its direct and indirect wholly-owned subsidiaries.
  • PNC Bank leads syndicate of lenders on amendment to and extension of $950 million of their current $1.5 billion unsecured term loan credit facility for CooperCompanies and affiliatesJones Day represented PNC Bank, National Association, as administrative agent, in connection with an amendment to and extension of $950 million of their current $1.5 billion unsecured term loan credit facility unsecured term loan credit facility made to The Cooper Companies, Inc., CooperVision International Limited, and certain of their affiliates.
  • Koch subsidiary TNS acquires BT’s Radianz businessJones Day advised Transaction Network Services (TNS), a subsidiary of Koch Equity Development, LLC, in connection with its acquisition of BT’s Radianz business.
  • CBRE Investment Management closes CBRE Real Estate Partners 2 at $1.6 billionJones Day represented CBRE Investment Management (CBRE IM) in connection with the final close of CBRE Real Estate Partners 2 SCSp (REP2) and related subscription credit facility.
  • Private credit fund refinances portfolio of logistics assets in England, Spain, and PortugalJones Day advised an international private credit fund on the refinancing of a portfolio of operational logistics assets in England, Spain, and Portugal.
  • Crosstree acquires portfolio of 11 multi-let industrial assets located across the UKJones Day advised Crosstree Real Estate Partners in the acquisition of a portfolio of 11 multi-let industrial assets located across the UK from BlackRock (on behalf of British Airways Pension Fund) for c.£400 million.
  • Riverside acquires ContruentJones Day represented The Riverside Company in the acquisition and financing of Contruent, an Illinois-based provider of lifecycle cost management software for owners of large capital assets and their contractors.
  • ScottishPower Renewables acquires Shell's shareholding in MarramWind Limited, and sells its stake in CampionWind Limited to ShellJones Day represented ScottishPower Renewables in its acquisition of Shell's shareholding in MarramWind Limited, and the sale of its shareholding in CampionWind Limited to Shell.
  • Macquarie acquires additional stake in London City AirportJones Day advised Macquarie Asset Management, via Macquarie European Infrastructure Fund 7 SCSp, in its acquisition of a further 50% equity stake in London City Airport from Alberta Investment Management Corporation and OMERS.
  • Logistics Capital Partners forms £250 million ultra-urban London logistics joint venture with Invesco Real EstateJones Day advised Logistics Capital Partners in relation to the formation of a joint venture with Invesco Real Estate that acquired Veridion Park in Thamesmead, London from housing association Peabody Trust. The project is expected to deliver 800,000 sq ft of multi-let urban logistics space.
  • Riverside portfolio company acquires Financial Edge and Euromoney LearningJones Day represented The Riverside Company in connection with the acquisition and financing by portfolio company Wall Street Prep of Financial Edge and Euromoney Learning, two leading global providers of financial education and professional development.
  • OakNorth provides £75 million financing to Third SpaceJones Day advised OakNorth Bank Plc in connection with its £75 million leveraged facilities provided to Third Space, a London-based luxury health club group owned by KSL Capital, to fund its future club expansion.
  • CBRE Investment Management invests £200 million in Tritax London Logistics FundJones Day advised CBRE Investment Management, on behalf of certain of its discretionary fund vehicles and client mandates, in connection with a £200 million investment in newly launched Tritax London Logistics Fund (“TLLF”).
  • Greystar acquires East London BTR schemeJones Day advised Greystar in the acquisition and financing of a build-to-rent property comprised of 595 residential units and 5 commercial units in London, UK, known as “Barking Wharf”.
  • CBRE Investment Management invests into a pan-European retail park fundJones Day advised CBRE Investment Management Indirect Limited, acting as investment manager for several of its discretionary clients, on a €500 million cornerstone investment into a pan-European retail park fund managed by Redevco and the acquisition of five assets across the UK and Belgium into the fund.
  • OakNorth finances acquisition of Flat IronJones Day advised OakNorth Bank plc in connection with its senior secured financing for the acquisition of Flat Iron by McWin Capital Partners and Trispan.