Mishcon de Reya has advised a longstanding client on the £72m purchase of the former Midland Bank HQ from the vice chairman of Tottenham Hotspur Football Club.

Mishcons advised Rookwith, a special purpose vehicle backed by former Russian deputy finance minister Vladimir Chernukhin, on the purchase of the Grade one-listed building 27-35 Poultry from property entrepreneur Paul Kemsley.

Mishcons' team, which was led by real estate partners Philip Freedman and Nick Doffman, exchanged contracts within just 12 hours of the initial instruction.

The high-profile deal in the heart of the City saw Kemsley sell the property just five months after the original purchase for a reported profit in excess of £30m.

The property, which covers nearly an acre of prime real estate and adjoins the Bank of England, was heavily featured in the 1964 James Bond film Goldfinger.

Mishcons' head of real estate, Doffman, commented: "'We like to think that we are able to provide a fast and efficient service to our clients, but this particular transaction sets a record for us."

Freedman added: "It was great fun and a challenge to be able to do a full property report in just a few hours." He added: "We conducted our business at the vendor solicitor's offices, emailing our client on wi-fi as we got the information for a speedy transaction."

An Olswang team led by real estate partner Jonathan Lewis and assisted by Justin Priestly advised Kemsley.

Lewis told Legal Week: "This deal was exciting. It is an unusual sign of the market we are in at the moment. The big profit [on the sale] is reminiscent of other boom markets."

This transaction follows several significant deals for Mishcons' real estate team, including in July advising Matterhorn Capital on its £50m acquisition of British Land's London headquarters at Cornwall Terrace, Regents Park. Other major property clients of the firm include Frogmore Estates and Asda Property Holdings.