Real estate

Pragmatic, commercially focused legal advice makes a powerful difference when you’re making major property decisions. Our real estate team is renowned for developing long-lasting partnerships with clients. We have a reputation for developing and attracting talented, commercially-minded lawyers with an appetite for getting the deal done.
  • Profile
  • Experience
  • Key contacts

With international expertise and broad experience in every kind of commercial and residential property transaction, we advise clients all over the world including:

  • major property companies
  • institutional investors
  • banks
  • hotel groups
  • public sector organisations
  • corporate occupiers.

Whether it’s a major investment acquisition or disposal, or a routine landlord and tenant matter, you have top legal talent and a highly committed team on your side. You get legal advice that is based on a profound understanding of your business and of the property market. Expert advice that is easy to digest.

We have extensive experience of:

  • investment acquisitions and disposals
  • financings and refinancings
  • development projects including planning and environmental advice
  • sale and leasebacks and other structures
  • management matters.

As well as our core team of real estate lawyers we offer wider services to real estate clients through our finance, tax, corporate and construction specialists.

"good, sensible, practical advice and value for money"
The Legal 500 Asia Pacific 2018

Prominent developer, Gravesend town centre regeneration project

We advised a prominent developer arranger, intermediary, developer and asset manager of a town centre regeneration project in Gravesend. The project involves the regeneration of St George’s Shopping Centre and the Eastern and Western Quarters in Gravesend. The site has been subject to controversy as the previous owner / developer of the site did not utilise its planning permission to develop it.

Prominent developer, purchase of freehold and long-leasehold interests

We advised the developer on the purchase of the freehold and long-leasehold interests in Queensway and The Forum, Stevenage, from Glasgow City Council, Marks and Spencer and Homes England.  We also advised the developer on the sub-sale of part of this land to a pension fund and the subsequent placing of an income strip between the local authority, the pension fund and the developer.

easyHotel, three acquisitions of sites for the purpose of redevelopments as hotels

We advised easyHotels on the acquisition of sites in Milton Keynes, Cardiff and Blackpool for the purpose of redevelopments as hotels. Each of these deals was conditional on planning and development considerations.

Firethorn Trust, purchase of serviced office building in Canary Wharf

We advised Firethorn Trust on the £30 million purchase of a serviced office building in Canary Wharf.  We advised on all due diligence of the sale. In tandem with the purchase transaction, we negotiated a pre-let hotel agreement for lease in respect of part of the site, which is to be substantially redeveloped to cater for a hotel and office/residential use.

Conegate, restructuring of the business

We advised Conegate, an investor and developer in real estate, on the restructuring of its business in order to separate its investment assets from its development assets. Conegate's real estate assets are likely to be in excess of £500 million, to give context on size.  The reorganisation completed in January 2018.

Redevelopment of 7-11 Cavendish Place

We advised the developer of the redevelopment of 7-11 Cavendish Place, Marylebone. The developer had planning permission granted to demolish the existing building on this site and construct a new 7 storey building (plus basement) which will be a mix of residential and retail.

Lawyer

Ian Devereux Partner

T:  +852 2533 2806
M:  +852 9600 9028 Email Ian | Vcard Office:  Hong Kong

Lawyer

Pierre-Nicolas Sanzey Partner

T:  +33 1 44 15 82 00
M:  +33 6 87 13 97 68 Email Pierre-Nicolas | Vcard Office:  Paris

Lawyer

Jonathon Wilkes Partner

T:  +44 20 7809 2522
M:  Email Jonathon | Vcard Office:  London

Latest news & insights

28 Oct 2020

From News

Stephenson Harwood advises Schroder UK Real Estate Fund on Arrival UK headquarters expansion deal

Law firm Stephenson Harwood LLP has advised Schroder UK Real Estate Fund (SREF), in its role as landlord, on a deal with Arrival to increase its office letting at SREF..

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18 Sep 2020

From News

Stephenson Harwood advises SREF on £45 million deal

Law firm Stephenson Harwood LLP has advised Schroder UK Real Estate Fund (SREF) on a £45 million purchase and forward funding agreement for One Cambridge Square, a dev..

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06 Aug 2020

From Insights

Green shoots: the rise of the green finance revolution

Despite stiff competition from Brexit and Covid-19, climate change remains a topic never far away from the news headlines.

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03 Aug 2020

From Insights

2020 RICS code for leasing business premises – why you can’t ignore it

As you may know, the new RICS Code for leasing business premises comes into effect on 1 September. The aim of the Code is to improve the quality and fairness of lease..

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19 Jun 2020

From Insights

Further restrictions on pursuing rent arrears

The Government has today announced that it will extend protection to tenants.

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13 May 2020

From Insights

Reopening of premises: key points for landlords

COVID-19 presents a rapidly evolving situation. Landlords need to be able to respond quickly, so here is the key information that you need to know if you are thinking ..

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29 Apr 2020

From News

Stephenson Harwood promotes six to partnership

Law firm Stephenson Harwood LLP has promoted six lawyers in its latest round of internal partner promotions. They will take effect on 1 May 2020.

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28 Apr 2020

From Insights

Fresh restrictions on pursuing rent arrears

The Government has just announced that it will introduce restrictions on landlords pursuing commercial tenants for rent arrears. These are in addition to the restrict..

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23 Apr 2020

From Insights

État d’urgence sanitaire et impayés de loyers

Impact des ordonnances relatives à la prorogation des délais sur les pénalités de retard et la clause résolutoire

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24 Mar 2020

From Insights

Moratorium on forfeiture

You may have seen in this morning’s press an important development that will impact on a landlord’s options for dealing with premises.

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20 Mar 2020

From Insights

Forced and voluntary closure of premises: key points for landlords

Covid-19 presents a rapidly evolving situation. Landlords need to be able to respond quickly, so here is the key information that you need to know if you are thinking ..

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12 Mar 2020

From Insights

Sustainability-linked loans and green loans in the real estate finance market

Given our experience of sustainability-linked finance and green loans, and in light of increased queries on the topic from a number of our lender clients, we thought i..

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10 Mar 2020

From Insights

COVID-19 – Answers to 4 key landlord questions

You’re a landlord of a large multi let building. The building is comprised of multiple retail/leisure units on the ground floor and a wide range of office units above...

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02 Jan 2020

From Insights

A new lease of life - Why a restrictive covenant in a lease may not be the end of the matter

You’re a property fund manager looking to unlock value from your portfolio. Amongst your assets you have an office block which you hold on a long lease. The block has ..

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01 Oct 2019

From Insights

The mystery of the missing conditions… Beware - an amended planning permission may not show all the conditions that apply

You’re about to buy a site with the benefit of planning permission. You can see that the site originally had permission for retail use, but with a long list of condit..

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.