Clifford Chance
Clifford Chance advises Daibiru on landmark UK debut with acquisition of Capital House
2 July 2025
- Angela Kearns, Ben Redding, Lucy Johnson, Daniel Stamford, Kate Mackintosh, Iain Suttie, Emma Ni Arrachtain, David F Saleh, Vadim Romanoff, Simon Corzberg, Archie Zverev, Yoshiaki Shimizu, Saskia Myners, Frédérique Davister, Reda Azaoum
- London, Tokyo, Luxembourg
Clifford Chance advises Daibiru on landmark UK debut with acquisition of Capital House
Global law firm Clifford Chance has advised Daibiru Corporation, the Japan-based real estate subsidiary of Mitsui O.S.K. Lines, Ltd., on its first investment in the UK market with the acquisition of Capital House at 85 King William Street, London EC4, for £169 million from Barings Real Estate.
The 121,489 sq ft office and retail building, located in the heart of the City of London and less than a minute’s walk from Bank Station, is expected to serve as the new European and African headquarters of the Mitsui O.S.K. Lines Group. The building has undergone extensive refurbishment since 2021, achieving a BREEAM Excellent rating and a B rank in EPC certification on refurbished floors, reflecting its strong environmental credentials.
The Clifford Chance team advising Daibiru was led by Real Estate partner Angela Kearns, supported by senior associate Ben Redding, associates Lucy Johnson and Daniel Stamford. Planning advice was provided by senior associate Kate Mackintosh, with Iain Suttie, Head of UK Real Estate Construction and Emma Ni Arrachtain advising on Construction, Tax Partner David Saleh, Directors Vadim Romanoff and Simon Corzberg and Associate Archie Zverev on all tax aspects, Saskia Myners, Frédérique Davister and Reda Azaoum on Luxembourg aspects and Tokyo Partner Yoshiaki Shimizu.
Daibiru joins a growing number of Japanese investors active in the London real estate market across a range of asset classes. Clifford Chance’s ability to provide integrated real estate expertise across London and Tokyo, including Japanese language fluency in both locations, continues to be a key differentiator.
