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Eversheds Sutherland (International) LLP

1 WOOD STREET, CHEAPSIDE, LONDON, EC2V 7WS, ENGLAND
Tel:
Work 020 7919 4500
Fax:
Fax 020 7919 4919
DX:
154280 CHEAPSIDE 8
Email:
Web:
www.eversheds-sutherland.com

Bruce Dear

Tel:
Work +44 207 919 4888
Email:
Eversheds Sutherland

Work Department

Bruce is Head of the London Real Estate group. He specialises in indirect real estate such as complex fund and commercial structuring for property acquisitions, disposals and leasing work, substantial private sector development work, and the full range of strategic asset and portfolio management. Clients include Legal and General, St. Martins, KPMG, the Swedish National Pension Fund and SEGRO.

Recent deals include:

  • Purchase of the Rolls Building, the UK's new commercial court headquarters, for LGPL (£305 million).
  • Purchase of Slaughter and May's headquarters, Bunhill Row, for St. Martins (£185 million).
  • Purchase of 60 Threadneedle Street, headquarters of Berenberg Bank, for St. Martin's (£186 million).
  • Funding and development of the new FA Football University at Burton on Trent for Legal and General (£100 million).
  • Purchase of ING Covent Garden Portfolio for Legal and General (£120 million).
  • Purchase of 5 Canada Square for St Martins (£385 million).
  • Sale of IQ Winnersh for SEGRO (£245 million).
  • PfP sale and leaseback for Legal and General (£252 million).
  • Advising KPMG in relation to their new headquarters building at 30 North Colonnade and their innovative new client hub at 20 Grosvenor Street.

Over the last fifteen years Bruce has published more than 100 articles on issues of real estate law and policy in national and sector publications. He has lectured for the Royal Institution of Chartered Surveyors, the London South Bank University and acted as an adviser to the British Property Federation on legislative reform.

 

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Position

Partner


London: Real estate

Commercial property

Within: Leading individuals

Bruce Dear - Eversheds Sutherland (International) LLP

Within: Commercial property

‘Uber impressive in every aspect of its real estate service’, Eversheds Sutherland (International) LLP advises inward investors, REITs and major institutional players on development projects and large single asset and portfolio investment transactions. In the student housing space, Nicholas Bartlett advised LetterOne on the £870m sale of a portfolio of student housing to iQ, which represented 5% of the student housing market in London. Richard Lampert acted for Avanton in connection with the site assembly for a mixed-use development at Old Kent Road, including the pre-sale of social housing units to A2Dominion. Additionally, Angus Ford assisted Grainger with its purchase of 234 units of a PRS scheme in Sheffield. Lee Jackson advised China Cinda Asset Management on its £500m acquisition of a portfolio of 26 UK-based hotels from Bain Capital. The team is well-known in the hotel and leisure space, where Susan Samuel acted for Hilton Worldwide in relation to the sale of three Hilton hotels and the negotiation of a franchise agreement with the client’s landlord for those hotels. Samuel also advised Yum! Brands on the refranchising of 200 UK KFC stores, which involved the transfer of title to 14 separate franchisees. The group has also been involved in a number of headline letting transactions, which included department head Bruce Dear advising Facebook UK on the lease arrangements for its new West End HQ, and Tom Goldsmith acting for Expedia in relation to the high-value tripartite lease agreement for its new European HQ in Islington. Similarly, Dear advised KPMG on the sale and leaseback of its Canary Wharf HQ, while landlord instructions included acting for Blackstone on the complete letting arrangements for the Adelphi Building in London’s West End.

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