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

Jonathon Wilkes Partner and head of real estate

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

Latest news & insights

03 Apr 2019

From Insights

Non-resident capital gains tax: the new regime

The UK has introduced new rules which radically change the tax landscape for nonresidents investing in UK property.

More

01 Apr 2019

From Insights

What did we agree to?!

In the real world, commercial agreements take many forms. Some deals are entered into after months of detailed negotiation and documentation. Others are entered into l..

More

11 Feb 2019

From News

Stephenson Harwood advises Tristan Capital on Wolseley Centre acquisition

Law firm Stephenson Harwood LLP has advised investment manager Tristan Capital Partners in relation to the purchase of the Wolseley Centre in Leamington Spa, Warwicksh..

More

02 Jan 2019

From Insights

Tear it down!

You've found an ideal development site, and you kick off the acquisition process. As part of that process you discover that part of the land you're intending to buy is..

More

05 Oct 2018

From News

Stephenson Harwood advises Schroder UK Real Estate Fund on lease of One Lyric Square to The Office Group

Stephenson Harwood advised Schroder UK Real Estate Fund (SREF) regarding the lease of One Lyric Square to The Office Group. One Lyric Square is a Grade A office buildi..

More

01 Oct 2018

From Insights

Don't rely on me… Are "non-reliance" clauses effective?

You own a secondary industrial estate. The rents per unit are not very high but overall the estate generates good returns, provided that you keep a tight rein on cost..

More

31 Jul 2018

From News

Stephenson Harwood advises Grit Real Estate Income Group Limited on London IPO

Law firm Stephenson Harwood LLP has advised Grit Real Estate Income Group Limited (Grit) on its London IPO

More

02 Jul 2018

From Insights

Spare any change? Are clauses prohibiting oral changes to written agreements effective?

Spare any change? Are clauses prohibiting oral changes to written agreements effective?

More

01 Jul 2018

From News

Stephenson Harwood advises Firethorn Trust on £30 million serviced office purchase in Canary Wharf

Stephenson Harwood advised Firethorn Trust on the £30 million purchase of a serviced office building in Canary Wharf.

More

21 Jun 2018

From News

Stephenson Harwood advises Tristan Capital Partners on sale of Cube Birmingham

Law firm Stephenson Harwood LLP has advised a Tristan Capital Partners’ Fund on the sale of the Cube Birmingham. The Cube is a high-profile building in central Birming..

More

17 Apr 2018

From News

Catriona Berman joins Stephenson Harwood as partner

Law firm Stephenson Harwood LLP has strengthened its real estate team with the addition of partner Catriona Berman, who joins the firm's London office.

More

03 Apr 2018

From Insights

MEEStery solved?

On 1 April 2018 the MEES Regulations kicked in, prohibiting lettings of sub-standard properties. But what if your tenant wants to do the required improvement works aft..

More

27 Mar 2018

From Insights

Register of beneficial owners of overseas companies – update

As we highlighted last year, the Department for Business, Energy & Industrial Strategy has consulted on the launch of a Beneficial Ownership Register to increase the t..

More

15 Mar 2018

From Insights

#10ThingsSH you need to know about the draft NPPF reforms

Ten things you need to know about the draft NPPF consultation policies.

More

26 Feb 2018

From News

Stephenson Harwood advises LaSalle Investment Management on intu Bromley acquisition

Law firm Stephenson Harwood LLP has advised LaSalle Investment Management on its role in Alaska Permanent Fund Corporation's (APFC) acquisition of a majority stake in ..

More

08 Jan 2018

From Insights

A few wires and cables - what could go wrong?!

You own a high quality investment property. It's let on a number of leases that expire over the next five years. Once they've all expired, you intend to comprehensivel..

More

print-footer
logo
© 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.