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Browne Jacobson LLP

MOWBRAY HOUSE, CASTLE MEADOW ROAD, NOTTINGHAM, NG2 1BJ, ENGLAND
Tel:
Work 0115 976 6000
Fax:
Fax 0115 947 5246
DX:
718130 NOTTINGHAM-27
Email:
Web:
www.brownejacobson.com

Barry Sully

Tel:
Work 0115 908 4880
Email:
Web:
www.brownejacobson.com
Browne Jacobson LLP

Work Department

Property.

Position

Barry (partner) is the head of the firm's Development & Housing team. With over 20 years’ experience, he specialises in property development, urban regeneration, complex site assembly, social housing projects, mixed use schemes and development joint ventures. 

Acting for developers, housing associations, local authorities and landowners, Barry has an understanding of the priorities and perspectives of each of these sectors (or “poacher turned gamekeeper” as one client describes him) which is invaluable in an era of greater partnering between the sectors; he uses that experience to assist clients in complex projects and find workable solutions. Recent experience includes:

  • Advising on a £250m urban extension, comprising more than 400 acres, to be developed as 1700 new homes, a new school, an innovation park and a 26 acre commercial park, generating 4000 new jobs. Work included the collaboration agreements, a complex site assembly, land options, equalisation arrangements dealing with the treatment of development value and project expenditure, tax advice on the JV structure, funding issues and renegotiating various historic agreements affecting the project area

  • Development agreements with a housing association (to take the affordable housing on the scheme), the highway authority and two separate rail companies

 

 

 

Career

Trained Rotheras (now Rothera Dowson) 1991-1994; qualified 1993; Metcalfe Copeman & Pettefar, Peterborough 1994-96; Eversheds, Nottingham 1996-2007; Browne Jacobson, Nottingham partner 2007.

Member

Law Society.

Education

Parkview Comprehensive, Barrow-in-Furness, Cumbria; Nottingham University (1990 LLB Honours).

Leisure

Travelling, film, real ale.


East Midlands: Real estate

Commercial property: Nottingham and Derby

Within: Commercial property: Nottingham and Derby

Always quick to respond and assist’, Browne Jacobson LLP’s team attracts praise for its ‘good market knowledge’ and ‘practical advice’. The group is noted for its strength in the retail and distribution, luxury, development and housing, public property, education and health sectors, handling a wide spectrum of issues, ranging from project developments to real estate finance. Highlights included advising Kevin Wheatcroft on the sale of Donington Race Track from Wheatcroft Properties to Motorsport Vision, including obtaining the necessary competition clearance and assisting with multiple long leases and options. Sarah Parkinson led on that matter and is praised for her ‘excellent vision and commercial acumen’. Barry Sully, who jointly heads the practice with the Birmingham-based Dominic Swift, led the team acting for Westerman Homes on the completion of funding arrangements, the acquisition of third-party land interests and disposal agreements with several national housebuilders in the context of the client’s joint venture with Nottinghamshire County Council and a Jersey-based investor regarding a development in Mansfield. Walgreens Boots Alliance and Enfield Council are also clients. Also recommended are Suki Tonks, who was recently promoted to partner, and Claire Burns, who was promoted to legal director.

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Social housing

Within: Social housing

Browne Jacobson LLP's social housing sector expertise covers property and development work, as well as matters involving banking, planning, environment and construction. Key figures include practice head Barry Sully and recently promoted partner Gabor Taller. The practice acted for Local Spaceon a two-tranche private placement raising £75m for the purpose of supporting the client’s plan to build or acquire 800 new homes by 2020. It also advised Westleigh Partnerships on a scheme to deliver 270 new homes on a site near Leeds. Waterloo Housing Group and Metropolitan Housing Trust are also clients.

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