Saffery advises Stanhope and Cheyne on £450 million South Bank development with financial and tax due diligence

5 November 2025

Saffery provided due diligence and advisory services to Stanhope and Cheyne Capital on their acquisition of the Red Lion Court office development site (now known as Row One) from Landsec, a prime riverside location on London’s South Bank.

About the acquisition

Stanhope, a leading London-based developer, brings decades of experience delivering high-profile commercial and mixed-use schemes across the capital. Cheyne Capital, a global alternative investment manager, has a strong track record in real estate finance and development. Together, they formed a joint venture to acquire and deliver this project, reflecting their shared commitment to sustainable, high-quality urban regeneration.

How we helped

Saffery provided financial and tax due diligence, as well as transaction advisory services, to support Stanhope and Cheyne throughout the acquisition process.

The engagement was led by Seb Cartwright (Partner in our transaction services team) and Robert Langston (Partner in our tax team), supported by Will Hodges, Kate Huggett, Daniel Pope, Kiran Rai, Mark Perry, Callum Richards, Adam Kay, Susan Dennis, Austin Beckett and Winnie Cheng.

Saffery provided us with clear, pragmatic advice throughout the due diligence process. Their understanding of both financial and tax complexities gave us confidence in navigating a high-profile property transaction. Their collaborative approach and attention to detail ensured that we were well-informed at every stage, helping the transaction move quickly. We valued their professionalism and insight, which were instrumental in bringing the deal to a successful close.

We provide transaction support to clients across a range of sectors, whether that’s buying, selling, raising debt or preparing for exit. More information is available on previous transactions we have worked on.