With a long history of acting for real estate and construction companies, we have established one of the industry’s most impressive client lists.
We understand the distinct issues that the sector faces. We’re able to spot both threats and opportunities and create legal solutions that can meet both of them head-on. Our advice encompasses everything from property and planning to employment and corporate.
The property lawyers I use at Shepherd and Wedderburn inspire real confidence. I know they are protecting my interests and I can rely on them to reach a commercial conclusion.
British Land plc
We advised British Land in relation to a judicial review that was raised against Highland Council, the effect of which quashed planning permissions granted in British Land's favour. We advised on the prospects of success and whether or not to enter the process.
Gladedale Ventures Limited
Acted for Gladedale in the £23 million disposal of Q6 Quartermile Edinburgh.
Global Infrastructure Partners
Advised Global Infrastructure Partners, a leading global infrastructure fund in relation to Real Estate, Planning and Finance aspects of their acquisition from British Airways Authority of Edinburgh Airport for £807.2 million.
Metric Property Investments plc
Advised Metric Property Investments on the £10 million acquisition of Wick Retail Park.
Scarborough Development Group Limited
We have advised Scarborough Property Group for many years on corporate and finance issues.
The following is a selection of our clients:
- Amec Group
- British Land
- I&H Brown
- ING Real Estate
- Miller Group
- Morgan Ashurst
- Taylor Wimpey
Case Study: ING (UK) Property Fund
Shepherd and Wedderburn acted for the ING (UK) Property Fund in connection with the sub-division sale and redevelopment of St. Andrews House, Sauchiehall Street, Glasgow.
The deal was driven by a novel BPRAS tax scheme and associated allowances. The transaction comprised splitting the existing retail parade, 18 storey office tower and underground car park into four lots, selling three of them to the private syndicate (utilising the BPRAS scheme) and the negotiation of various development agreements relative to the refurbishment of the office tower and car park for a 200 plus bed Premier Inns hotel and refurbishment of the remainder of the development. Detailed tax, corporate, planning and property input and structuring advice provided ensured that the deal was viable from both a commercial and taxation perspective.
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