Deepa Deb
Deepa is a transactional commercial real estate lawyer. She specialises in both real estate investment and development, acting for domestic and overseas developers, property companies, institutional investors/funds, and financiers.
Deepa has significant expertise in complex real estate transactions including structured investments and disposals, joint ventures and all aspects of corporate real estate and real estate finance transactions both single asset and portfolios.
She has notable experience leading multidisciplinary teams on both real estate and corporate transactions and has developed a particular expertise in the residential sector (student accommodation, co-living, build-to-rent and senior living schemes). Deepa also acts for national and international developers on residential-led mixed-use schemes including scheme structuring and risk analysis.
Deepa has been ranked in top legal directory Chambers & Partners for the last eight consecutive years (currently Band 2 for Real Estate: £50 -£150m) and is ranked as a Leading Individual in the Legal 500 for Commercial Property Development. Deepa has also been included in the Hot 100 most influential lawyers (The Lawyer).
Expertise
Property
Acting for a joint venture between Orka Investments and a global real estate fund to complete its corporate acquisition of three off market UK student accommodation assets in December 2025 with debt finance from Investec.
Advising a global fund with an AUM of circa £180bn on a number of portfolio transactions for its long income fund, including portfolio sale and leasebacks, forward fundings and investment acquisitions across asset classes.
Acting for an established REIT on several hotel portfolio acquisitions, disposals, financings, CVAs and regears ranging in value from £200m to £520m.
Acting for a global fund with an AUM of £140bn on a number of transactions for their urban logistics fund.
Acting for a sovereign wealth fund on the acquisition of a pan-European student accommodation portfolio with a value of 1bn Euro.
Acting for a senior living specialist group on the scheme structuring and individual apartment sales of a unique high-end retirement living product in Chelsea.
UOL Group on the acquisition, scheme structuring and redevelopment of Heron Plaza (150 Bishopsgate) from Heron Group with a view to mixed use development as a five-star hotel and high-end residential apartments.
Lodha Group on the acquisition and redevelopment of One Grosvenor Square (the Canadian Embassy Building also known as Macdonald House) for £306m and 48 Carey Street, both with a view to high end residential development.
20 Grosvenor Square residential re-development financing and subsequent sale of the former US Navy headquarters building on behalf of Richard Caring.
CAA House corporate acquisition for £165,000,000 on behalf of Seaforth Land from Almacantar. Seaforth are refurbishing and re-letting the building.
Tristan Capital Partners on its acquisition of a majority 90% interest in a Downing developed and managed 3,636 bed UK student housing portfolio comprising four operational assets and four assets in the course of construction for the sum of £439m.
Roundhill Capital on the purchase, financing and management of the 2,375-bed premium Nido London Student Accommodation portfolio from Blackstone and its subsequent disposal to Greystar for £600m.
Tishman Speyer on its corporate acquisition of Sanctuary Buildings (offices in London’s Westminster) from Irish property company Vico Capital for the sum of £175,000,000 with debt from Barclays.
Hinduja Group and OHLD being a joint venture which successfully acquired The Old War Office building with a view to mixed use hotel and residential redevelopment. Led the successful bid process and contracts were signed within 10 working days as required by the seller, the Ministry of Defence.
Blackstone Group (US private equity firm) on its acquisition of a 50% stake in a joint venture with British Land of the Broadgate Estate, London comprising 16 buildings and 232 lettings.
South Korean Pension Fund acting through Rockspring Property Investment Managers on its acquisition of the units in a Guernsey property unit trust which owns 88 Wood Street, London from ING Real Estate.
Palmer Capital Partners as part of a joint venture with Deutsche Property Asset Management Ltd on the acquisition of 105 forecourt development sites from Texaco Ltd, and the leasing of the developed sites to UK supermarket operator Somerfield plc. Also acted on the disposal of the completed portfolio of petrol filling station sites.
Esporta Health Fitness Group on the real estate aspects of £306 million debt refinancing of the Esporta Group provided by Bank of Scotland (involving a sale and leaseback of the Group’s most valuable clubs).