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Gillespie Macandrew LLP

5 ATHOLL CRESCENT, EDINBURGH, SCOTLAND
Tel:
Work 0131 225 1677
Fax:
Fax 0131 225 4519
DX:
113 EDINBURGH-1
Email:
Web:
www.gillespiemacandrew.co.uk

Kenneth Irons

Tel:
Work 0131 260 7564
Email:
Web:
www.gillespiemacandrew.co.uk/
Gillespie Macandrew LLP

Work Department

Commercial Property

Position

Commercial property and property finance advice, acting for multinationals and large corporate clients, SMEs and family businesses in the finance, investment, retail, development, energy and waste management sectors. Advising clients in the development of an anaerobic digestion facility; acting for clients in a complex sale of land for a supermarket redevelopment and advising a fund management business on its lease of prestigious Edinburgh offices; acting for a multinational manufacturer in the Scottish aspects of a £125m refinance transaction; providing advice to a major multinational retailer in connection with its Scottish operations; advising a FTSE 250 company on its lease of new Aberdeen offices.

Career

Trained Dundas & Wilson CS; qualified 1993; assistant Dundas & Wilson CS 1991-95; assistant McGrigor Donald 1995-2002; associate McClure Naismith 2002-06; associate Archibald Campbell & Harley 2006; partner Archibald Campbell & Harley 2007-10; partner Gillespie Macandrew 2011. Contributor to ‘Greens Scottish Surveyors Factbook’ 2010 to date.

Member

Director of Inch Park Community Sports Club, 2008 to date.

Education

George Heriot’s School, Edinburgh; Dundee University (1990, LLB Hons; 1991, Diploma in Legal Practice).

Leisure

Rugby and other sports, cooking and music.


Scotland: Real estate

Commercial property: Edinburgh and Glasgow

Within: Commercial property: Edinburgh and Glasgow

Gillespie Macandrew LLP's team has had an upswing in commercial property activity.. The housebuilding side of the practice has gained momentum, with the firm adding to its client roster names such as Robertson Partnership Homes, Merchant Homes and Turnberry Homes. Harry Smith, who heads up a dedicated housebuilder team, recently worked with senior solicitor Andrew Leslie and Isobell Reid to advise Bellway Homes on the £10m+ acquisition of a development site at Bishopton in Renfrewshire. They also acted for Avant Homes (Scotland) Limited in the £9.5m acquisition of a development site at Shott Farm in High Blantyre. Commercial development work is another area of strength; clients include Newland Assets, Worthington Property Maintenance and Midtown Capital. Elsewhere, there has been a notable uptick in real estate finance mandates, with the firm generating work from UK and international banks, and alternative lenders; Kenneth Irons, Greg Peebles and others recently acted for Assetz SME Capital in a number of loan finance transactions. Another pillar of the practice is in investment transactions, which span sub-sectors such as retail, office and industrial. David Milne heads up the commercial property team.

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