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Brodies LLP

15 ATHOLL CRESCENT, EDINBURGH, EH3 8HA, SCOTLAND
Tel:
Work 0131 228 3777
Fax:
Fax 0131 228 3878
DX:
ED10 EDINBURGH-1
Email:
Web:
www.brodies.com

Nick Scott

Tel:
Work 0131 656 0234
Email:
Brodies LLP

Work Department

Real estate.

Position

Managing Partner. Specialises in development projects and investment acquisition for UK and overseas investors; particularly experienced in mixed use development sites, both in and out of town, forward funding (acting both for developer and fund) and has been extensively involved in the negotiation of development agreements and equity sharing leases, acting for both developers and landowners. Focuses on the top end of the property investment market and approximately 50% of work is on English property deals.

Career

Trained Clifford Chance; qualified 1995; trainee and commercial property Clifford Chance 1993-98; commercial property Brodies LLP 1999; associate 2000; partner 2001; also admitted in England and Wales. Brodies managing partner 2018;

Languages

Basic French.

Member

Law Society of Scotland; Law Society of England and Wales.

Education

Inverurie Academy, Aberdeenshire; Glasgow University (1993 LLB 1st class Hons); York Law College (1993 Law Society Finals).

Leisure

Golf, photography, parenthood.


Scotland: Real estate

Commercial property: Edinburgh and Glasgow

Within: Leading individuals

Nick Scott - Brodies LLP

Within: Commercial property: Edinburgh and Glasgow

Noted for its 'strength in depth', Brodies LLP fields a team of 'industry-leading professionals, who are absolutely dedicated to their job and their clients'. It operates at the very top end of the investment and development market across a number of sectors, such as leisure, retail, offices and student accommodation. It also excels in commercial lettings, real estate finance and tax. Associate Elaine Petterson has extensive experience of the acquisition, disposal and management of multiple large-scale real estate assets. Richard Whyte and Elizabeth Ward are 'both technically superb, commercially astute and very easy to work with'. Johane Murray is 'able to see the full picture' and has 'a huge amount of personal charm and charisma'. Nick Scott, senior solicitor David Bales and others recently acted for Abu Dhabi Investment Authority in the £71m sale of Saltire Court in Edinburgh to the private office of the Al Rasheed family. Another highlight saw Scott and associate Clare Dewar advise Swiss fund manager AFIAA on the circa £28m sale of Quartmermile Two in Edinburgh to UBS. James Roscoe focuses on property investment and property finance, and acts for clients such as Blackstone, Citigroup and TPG Capital. Chris McDaid is assisting Brookfield with growing its student accommodation sector portfolio. Helen Abrams, Richard Smith, Michael Stephen and Colin Morrison (who heads up the retail sector, and hotels and leisure practices) are also recommended.

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Commercial property: elsewhere in Scotland

Within: Commercial property: elsewhere in Scotland

Brodies LLP's team is 'very knowledgeable, confident, professional and efficient', according to its clients. The firm acts for some of the most active market participants in office lettings, commercial and residential developments, housebuilding and property finance matters, among many other areas. In addition, its position as a market-leader in the north east of Scotland is underscored by its roles in high-profile and high-value matters. In 2017, Tracey Menzies advised Chrysaor Limited on its lease from M&G of 48,000 feet of space at The Capitol on Union Street in Aberdeen. The firm also acted for both Drum Property Group (as the seller) and LCN Capital Partners (as the buyer) in the sale and purchase of the Lloyds Register Building at Prime Four in Aberdeen; this was the largest investment deal in Aberdeen. Menzies and Nick Scott acted for LCN in this deal, while Colin MacLaren acted for Drum. Aberdeen City Council, Pramerica and Brookfield Student Real Estate are among other key clients. Clive Phillips, who leads the rural property team, is experienced in advising landed estates and farming clients on a range of commercial property matters, such as rural acquisitions and sales, and wind farm options and leases. Associate Jenna McCosh is another name to note.

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Legal Developments by:
Brodies LLP

  • Scottish planning obligations: modification and discharge ‚Äď the story so far‚Ä©

    Planning obligations 1 (formerly agreements), which restrict or regulate the use or development of land, perform a crucial function within the planning system. In Scotland in particular, where the community infrastructure levy has not been adopted, the planning obligation continues to be the primary mechanism for the delivery of much needed local and regional infrastructure through developer contributions, often involving very significant sums. ‚Ä©
    - Brodies LLP

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