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Chris Xitsas

Chris Xitsas

Chris Xitsas

Position
Senior Associate, Commercial property
Telephone
020 3465 4316
Email
cxitsas@maplesteesdale.co.uk
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Secretaries: Claire Warren/Sam Kingdom

020 3465 4329
cwarren@maplesteesdale.co.uk

skingdom@maplesteesdale.co.uk

Sector expertise: 

  • All aspects of non-contentious commercial property work
  • Acquisitions and disposals of retail, industrial and office assets and portfolios
  • General asset management work, with particular experience in managing shopping centres,  mixed-use assets and industrial estates
  • Development projects for institutional investors and educational institutions
  • Commercial property financing (acting for both lenders and borrowers)

 

Professional experience: 

  • Assisted on the purchase of several town-centre shopping centres, e.g. in Shrewsbury, Poole, Bishops-Stortford and Workington
  • Responsible for the ongoing asset management work for  the Fremlin Walk shopping centre (Maidstone), the Meadows shopping centre (Chelmsford), the Pride Hill shopping centre (Shrewsbury) and the Washington Square shopping centre (Workington) – the instructions include all aspects of asset management, including complex relocations of existing tenants conditional on new incoming tenants on tight time scales, agreements for lease conditional on planning / licensing / works / etc, lease re-gears, lease renewals and advice for redevelopment purposes
  • Acting on sales and purchases of all types of commercial properties (including retail and office premises) for institutional investors, property companies and educational institutions
  • Assisting on larger portfolio transactions, including the acquisition of the LxB3 Portfolio for £150 million (and the immediate sale of one of the assets worth £35 million) and the Greenridge Portfolio for £50 million (and its immediate refinancing)
  • Acting in relation to development projects – e.g. for Rockspring on a £25 million acquisition of a multi-let London City office building, with the subsequent full-scale redevelopment and re-letting of the building and for City University in relation to the redevelopment of a number of buildings in and around Northampton Square
  • Acting for both lenders and borrowers on commercial property financing and re-financing – e.g. an £8.5 million refinancing of the Odeon Cinema, Colchester for Avignon Capital (and its subsequent sale)
  • Acting for corporate occupiers (e.g. Nestle and Old Mutual Plc) in relation to acquiring / disposing / managing (freehold and leasehold) property assets and acting for numerous retailers (with particular focus on London West-End retail units).

 

Professional history: 

  • Trained at DLA Piper and qualified in 2009
  • Assistant Solicitor at Maples Teesdale since September 2009
  • Associate at Maples Teesdale since September 2012
  • Senior Associate at Maples Teesdale since September 2014
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