Declan Power

Partner, Commercial Real Estate 020 3465 4335 dpower@maplesteesdale.co.uk vCard
Secretary: Yvanne Robinson 020 3465 4362 yrobinson@maplesteesdale.co.uk
Contact Declan Power

Profile:

Declan is a partner in Maples Teesdale’s commercial property team and is a key member of the Retail and Alternatives sector teams.  Declan is Head of Development and his development experience includes retail, offices, mixed use, student accommodation, PRS 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.   Declan has extensive experience of commercial property investment sales and purchases, including portfolio sales and purchases and sales and leasebacks.  Declan is also experienced in commercial property asset management, including new lettings, lease renewals and lease regearings.

Professional experience:

  • Acting for Mace Developments on a development agreement and geared headlease with Trinity College for 200,000 sq ft office scheme on Cambridge Science Park
  • Acted for Chelsea Football Club on part of the £1bn CFC redevelopment project
  • Acting for Prosperity Capital Partners on various PRS and student accommodation deals including £150m “Cream of Manchester” project for 550 PRS units on the former Boddingtons site
  • Advised Eversheds Sutherland LLP on their pre-let of circa 50,000 sq ft of space at the Two New Bailey scheme in Manchester, currently being developed by a JV between Muse, L&G and the Council
  • Acting for developer, London & UK, on the acquisition and development financing of Globeworks’ student accommodation scheme in Birmingham with PGIM and Hyde Park Finance through an innovative sale and leaseback tax-driven finance deal
  • Acting for Legal and General on purchase of a Tesco distribution unit development and adjacent railport operation from Stobart for £60m

Professional history: 

  • Trained at Hill Dickinson and qualified in 1989
  • Assistant Solicitor at Norton Rose, 1989 – 1998
  • Partner at Maples Teesdale, 1998

Memberships:

Awards and recognition:

  • Declan is featured in both Chambers UK and Legal 500 UK for his work in commercial real estate
  • "Outstanding operator"  Declan Power is "very responsive, commercial and practical," according to sources. He undertakes development work, asset management and investment matters on behalf of blue-chip clients. Chambers 2018
  • The ‘tenacious and reliable’ Declan Power acted for London & UK Property on the purchase of The Globeworks, Birmingham, and ensuing student accommodation development scheme. Legal 500 2018