Taylor Wessing has advised Lloyds TSB Corporate Markets on a £100m Islamic finance deal which saw a refinancing by Park Lane Properties, the purchaser of Grosvenor House Apartments.

Taylor Wessing finance partner Rodney Dukes led the team on the deal, in which Lloyds TSB provided funding to Park Lane for the refinancing of its acquisition of Grosvenor House. Park Lane is co-owned by Kuwait-based ADEEM Investment Company and Investment Dar.