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fee_earners
Partner
Department: Commercial Property
 
commercial Direct Line:
  020 7421 6416
Email:
  dpower@maplesteesdale.co.uk
Specialisms:
Commercial property development; retail, offices, mixed use, and industrial/distribution including forward funding, forward purchases, joint venture agreements, development agreements, rent sharing leases, construction aspects and warranties, rights of light, stopping up orders and planning
Commercial property investment sales and purchases
Commercial property asset management, including new lettings, lease renewals and lease regearings
Career:
Trained at Hill Dickinson and qualified in 1989
Assistant Solicitor at Norton Rose 1989
Partner at Maples Teesdale 1998
Notable Transactions
and Relevant
Experience:
Acted for developer on scheme in Savile Row, London W1 comprising 40,000 sq ft of offices, retail and residential development. Scheme involved a development agreement with the freeholder and a funding agreement with the Fund. Likely value of completed scheme is around £40 million
Acted for Fund on forward funding of a retail warehousing scheme in Tunbridge Wells owned by a joint venture. The property was pre-let to four tenants and the deal was completed within 2 weeks with the fund committing around £55 million to the project
Acted for landowner on a joint venture with a developer to obtain planning for and develop an office or alternative user scheme in the City of London
Acted for Fund on a joint venture with a developer which acquired for around £13 million a development site in Maddox Street, London W1. The joint venture team has obtained planning consent for and is in the course of constructing and then letting a 70,000 sq. ft mixed use scheme on the site comprising mainly offices with ground floor level retail and adjoining residential
Acted for bank on the financing of a £20 million scheme with developer on a residential scheme in Tower Hamlets, including social housing. The project had a complicated legal structure including a Development Agreement between the developer and the Housing Association which owned the land, a Section 106 Agreement, agreements with Network Rail and London Borough of Tower Hamlets as adjoining land owner, Housing Association regulatory consents, and the loan documentation itself. Security had to be taken over all of the project development and construction documentation, including warranties from the construction team, and over the land interests. The scheme is now under construction and on programme and will deliver around 100 high quality private residential units together with much needed social housing accommodation and a doctor’s surgery
Education:
Baines School, Blackpool, Lancashire
Leicester University – LLB Law with French (including 1 year spent at Strasbourg University)
College of Law, Guildford
Membership of
Professional/
Academic Bodies:
The British Council for Offices
The City of Westminster & Holborn Law Society
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