Commercial Development and Construction

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Commercial Development and Construction

Unrivalled expertise in the South East Real Estate is one of our key practice areas at IBB. Our Real Estate group is composed of individual teams specialising in Commercial Development, Property Finance, Investment, Property Management, Real Estate Dispute Resolution, Construction and Residential Development.

We receive consistently high ratings for our experience and expertise in

prominent legal directories such as The Legal 500 and Chambers.

What the directories say Described as a “real gem”, this firm fields a strong real estate offering on several fronts: residential development, commercial development and property finance. Sources recognised its “strong land development arm” and “dedicated” commercial property team “providing Cityquality property advice from Uxbridge.” Commentators also relied on the team’s “reliable, responsive expertise”… David Silva is head of the development team and is recognised by clients as a “real player” who “competes with the best of the City lawyers. He acts for some of the leading development companies in the South East.”

From the Chambers Legal

Directory

For development, investment and general commercial property, clients would be hard pressed to find better specialist teams than those at Uxbridge-based IBB. From the Legal 500 Directory

What our clients say "Strengths are efficiency, promptness and specialist knowledge."

"West End/City standards, at non-City prices."

"I think of you as an extension of my business."

Commercial Development and Construction services provided by IBB Solicitors

Commercial Development Our Commercial Development team acts for some of the leading development companies with national development projects.

We operate as an extension of your business and take a collaborative approach in all matters. We also work closely with our other real estate and corporate teams and this means we have a range and depth of expertise unparalleled in the region.

Our lawyers are all specialists in their field - technical excellence will be a given. We combine this with commercial awareness to proactively identify the commercial opportunities in any deal.

We have considerable expertise in the acquisition, funding and letting of commercial development sites, including retail and leisure parks, offices, industrial developments and trade outlet centres.

How we help you •

site assembly – conditional contracts and options



institutional funding/interim finance



pre-let and forward sale agreements



development agreements



building leases



joint ventures



planning and highway agreements



professional appointments and warranties



leasing of completed developments



disposal of completed investment

Commercial Development and Construction services provided by IBB Solicitors

Construction Our Construction team advises a wide range of clients including institutional lenders, developers, contractors, consultants, charities and private individuals.

We are here to help guide you through the process including the selection of suitable procurement structures, the drafting and negotiation of construction contracts and carrying out due diligence audits in relation to the construction security available when purchasing a development interest.

Our lawyers are often consulted when issues arise during the course of building projects including access, payment, termination, practical completion and crane oversailing.

We recognise that parties can sometimes end up in dispute. We are experienced in the different methods of dispute resolution used in the construction industry whether it be mediation, arbitration or court proceedings.

How we help you •

choice of procurement



building contracts



professional appointments



warranties



guarantees and bonds



crane oversailing and scaffolding licences



due diligence audits



adjudication, mediation, arbitration and court proceedings

Commercial Development and Construction services provided by IBB Solicitors

A proven track record in commercial property development Frontier Estates Limited Acted on behalf

Quay,

Bristol.

Complex

mixed-use

of Frontier Estates Limited in connection

development including residential, retail

with two of the largest speculatively

and restaurants. Value £30m.

funded industrial developments in the Frontier Estates The acquisition and

South East - value £45m +

funding of Grange Park Northampton – Cathedral Court Limited JV company

end value in excess of £50m.

formed by Royal Bank of Scotland and Frontier Estates for the acquisition, letting

Crowborough Properties Limited High

and sale of 5 St Philips Place, Birmingham

profile mixed use development: a 140

- value in excess of £40m.

bedroom hotel, 100,000 sq ft offices, 90,000 sq ft retail/leisure in Slough town

St

Nicholas

Retail

Park

Limited

centre - value £90m.

Partnership The acquisition and funding of the St Nicholas Retail Park, King’s Lynn

BAM Properties Limited The acquisition

- value £8m.

of Glory Mill Wooburn Green for £12.6m, having an estimated end value in excess

BAM

Properties

headquarters

Limited

development

at

Office

of £75m.

Cheese

Lane, Bristol, 2 floors of which were pre-let

Chancerygate Group Limited Acted on

to a major financial institution - value in

behalf of Chancerygate Group Limited in

excess of £30m.

connection with the acquisition of sites for Business Centre Schemes – value in

Pinnacle Group The sale and funding of a

excess of £100m.

residential tower at Castle House in Southwark – value £95m.

Turnstone Estates Limited The forward funding of the Priory Place office scheme

evolve Fund Services Formation of the

in Chelmsford, funded by RBS Pension

St. Christopher LP Fund, for acquisition of

Trustee

retail and hotel valued at £13m, and the

approximately £18m.

Limited

St. Ursula LP Fund, a trade centre scheme valued at £5m.

evolve Fund Services Acquisition and funding of the Radisson Hotel, Broad

Commercial Development and Construction services provided by IBB Solicitors

-

end

value

of

Development Finance The Development Finance team undertakes complex, high value work at all levels. Our considerable experience in acting for developers and leading lending institutions means that we can give you advice on the best ways to structure the finance for your particular development. We can negotiate the terms of the finance documentation to help you secure a commercial advantage.

The Development Finance team working closely with the

Development team can provide an efficient and integrated service when planning and implementing a development transaction.

Mixed Use Mixed-use development schemes have become increasingly common due to changes in planning policy. unfamiliar territory.

Many commercial and residential developers have been forced into The challenges of achieving a high quality, workable and profitable

scheme are significant.

Early planning and best advice is crucial in order to maximise

development, funding and disposal opportunities.

By drawing on both commercial and residential expertise we are able to provide comprehensive and commercially driven advice. We will advise you on how best to structure a scheme to maximise value and minimise risk. We offer particular expertise in site assembly issues, funding, joint venture arrangements, estate management set-up, investment issues, disposal methods and legislative issues relating to mixed-use schemes.

Real Estate Dispute Resolution The Real Estate Dispute Resolution team is dedicated solely to resolving property disputes. We combine property industry knowledge with technical expertise to deliver commercially effective advice on all the contentious aspects of commercial development.

We know that litigation is an unwelcome distraction from a client’s core business. We negotiate disputes at the earliest possible stage and where appropriate, we use Alternative Dispute Resolution processes for the swift and cost-effective resolution of disputes. litigation is required, we will act swiftly to achieve the best outcome for you.

Commercial Development and Construction services provided by IBB Solicitors

If

How we work with you Your work is important to us and we place great emphasis on client satisfaction at IBB. We set ourselves the highest quality standards, which are regularly audited. We deliver sound commercial advice together with first-rate client care. We achieve this by:



taking the time to understand your business and its objectives and building a long-term business relationship



listening to your individual needs and delivering tailored, concise advice in plain English



assigning you a partner who will be available as your main point of contact and who will provide you with regular progress reports



agreeing matters such as client liaison, timing, staffing and costs



assigning work at the appropriate level, without compromising quality



remaining flexible in our approach, but giving a strong lead where required



providing you with innovative solutions to the problems that complex transactions present



being approachable, available and swift, whenever you need us and adhering to transaction timetables



negotiating hard to secure the best outcome for you

Commercial Development and Construction services provided by IBB Solicitors

Our people David Silva – Partner and Head of Commercial Development David specialises in office, industrial, retail and hotel developments; development funding, including joint venture agreements; and investment sales and acquisitions. He acts for a number of significant developer and investor clients. David is listed as an expert in his area of practice in the Leading Experts Directory and the Legal 500 Directory. Key dates LLB Brunel University 1986, qualified 1990 Based Capital Court, Uxbridge Career Frere Cholmeley Bischoff (London), joined IBB 1996 Email [email protected] Tel 01895 207801

Juliusz Wodzianski – Partner Commercial Development Juliusz has wide experience of real estate work with a specialist focus on all aspects of commercial property development. His clients include BAM Properties Limited and Credit Suisse. Based Capital Court, Uxbridge Key Dates LLB Leeds University 1981, qualified 1984. Career Trained, qualified and a partner at various City of London firms, joined IBB 2006 Email [email protected] Tel 01895 207971

Ross Humphries – Partner Commercial Development Ross has many years experience in commercial development. He acts for major commercial property developers such as Frontier Estates Limited and Turnstone Estates Limited.

He is a member of the Society of

Construction Law. Based Capital Court, Uxbridge Key Dates MA (Cantab) St Catharine's College Cambridge 1980, qualified 1989 Career Mackrell & Co, Richards Butler, IBB since 1997 Email [email protected] Tel 01895 207806

Commercial Development and Construction services provided by IBB Solicitors

Jeff Elphee – Partner Commercial Development Jeff has over 18 years experience in all types of real estate including acting for funds and developers in connection with major transactions. He has particular expertise in the retail, industrial and office sectors. Based: Capital Court, Uxbridge Key Dates: LLB (Hons) Birmingham University 1986, qualified 1990, Career: Gouldens, Royal & Sun Alliance, S J Berwin, joined IBB 2004 Email [email protected] Tel 01895 207950

Vicky Stokes – Partner Commercial Development Vicky has acted for a broad range of real estate clients including commercial developers, institutions and property investment companies, with particular emphasis on mixed-use development schemes and investment transactions.

In particular Vicky deals with site assembly

issues, funding, joint venture arrangements, estate management set-up, disposal and investment issues and legislative concerns specific to residential elements within Mixed-use schemes.

Her clients include

Frontier Estates Limited. Key Dates BA Oxford University 1992, qualified 1998 Based Capital Court, Uxbridge Career Trained and qualified at Lawrence Graham, thereafter Berwin Leighton (later Berwin Leighton Paisner), joined IBB 2006 Email [email protected] Tel 01895 207285

Ross Johnstone – Partner Commercial Development Ross has particular expertise in investment transactions, property development and funding; and the development and letting of health centres. He acts for developers of health centres, property investment companies, institutional landlords and major clearing banks. Based Capital Court, Uxbridge Key Dates LLB University of Glasgow 1979, qualified 1990 Career Memery Crystal, Clyde & Co, Richards Butler, Norton Rose, joined IBB 2004 Email [email protected] Tel 01895 207960

Commercial Development and Construction services provided by IBB Solicitors

Martin Ansell – Senior Legal Assistant Commercial Development Martin has expertise in acting for property development companies in the acquisition and disposal of development sites, as well as property acquisition and disposals for commercial property clients. He also deals with portfolio management of properties and business lease sales and purchases. Based: Capital Court, Uxbridge Key Dates: Kingsway Princeton College, London 1985 Career: Berwin Leighton Paisner, S J Berwin, Brooks & Partners, joined IBB in 2005. Email [email protected] Tel 01895 207858

Nicola Walsh – Solicitor Commercial Development Nicola handles a wide range of commercial property transactions, and has specialist knowledge in property tax and transactions involving property syndication. She has good experience in acting for clients who have substantial property portfolios such as Warren Private Clients Limited and RQB Limited, both of which are based in Ireland. Based Capital Court, Uxbridge Key dates BCL, University College Dublin 1996; qualified as a Solicitor 2000; qualified as a Tax Adviser 2002 Career Arthur Cox, Dublin, Ireland; Warren & Partners, Dublin, Ireland; BCM Hanby Wallace, Dublin, Ireland Email [email protected] Tel 01895 207861

Commercial Development and Construction services provided by IBB Solicitors

Shreena Sampat – Solicitor Commercial Development Shreena is a commercial property lawyer who qualified into the Commercial Development team in November 2007. Prior to her qualification, she spent one year with the team and has dealt with a wide range of transactions, including assisting in the £153m sale of a portfolio of properties under construction for BAM Properties Limited. Shreena also has experience in sales, aquisitions and the grant and taking of leases. Based Capital Court, Uxbridge Key dates BA (Hons) Law and Politics, University of Manchester, 2000; LLM (Hons) European Law and Policy, University of Manchester, 2001; Legal Practice Course, College of Law (London) 2005 Career Case Developer, Information Systems Department, IBB; Commercial Property Solicitor 2007; joined IBB 2002 Email [email protected] Tel 01895 207 808

Paul Brampton – Partner Construction Paul is a construction specialist and advises lenders, developers, contractors, consultants and charities in the leisure, retail, health, and public works sectors. In addition to development work, he is experienced in dispute resolution including adjudications, mediations and proceedings in the Technology and Construction Court. He sits on the Committee of the London Constructing Excellence Club, is a member of the Society of Construction Law and also contributes articles to trade and professional journals. Key Dates BEng in Civil Engineering from Bristol University 1991, qualified 1996 Based Capital Court, Uxbridge Career Trained and qualified at Glovers Solicitors, thereafter Nicholson Graham & Jones and Taylor Wessing, joined IBB 2007 Email [email protected] Tel 01895 207276

Commercial Development and Construction services provided by IBB Solicitors

Contact us IBB Solicitors Capital Court 30 Windsor Street Uxbridge Middlesex UB8 1AB

Tel: 08456 381 381 Fax: 08456 381 351 Email: [email protected]

www.ibblaw.co.uk

Commercial Development and Construction services provided by IBB Solicitors