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Eversheds Sutherland (International) LLP

115 COLMORE ROW, BIRMINGHAM, B3 3AL, ENGLAND
Tel:
Work 0845 497 97 97
Fax:
Fax 0845 497 1900
DX:
13004 BIRMINGHAM
Email:
Web:
www.eversheds.com

Iftkhar Ahmed

Tel:
Work +44 121 232 1388
Email:
Eversheds Sutherland

Work Department

Iftkhar Ahmed is a partner in our real estate group and leads the major corporates group in Birmingham. He specialises in occupier based work for corporates and his principal clients include Unipart Group; Mitchells & Butlers Plc; HSBC; Goodyear Dunlop; Interserve Plc; Metalrax Plc and Safestore Holdings Plc.

Iftkhar has considerable experience on a wide range of commercial property work from portfolio management through to investment and development work.

Iftkhar's recent experiences include:-

  • Mitchells & Butlers Plc - being the lead real estate advisor on the £2billion+ securitisation of the pub/restaurant and hotel portfolio involving over 2000 properties; and on the proposed £5billon real estate lead re-structuring of the group in 2007.
  • LDV Group - advised the company on the £75million real estate backed re-financing deal which was the Birmingham Post's Dealmaker Awards "Deal of the Year". This deal was intended to secure the company's long term future as it enabled the company to launch the LD100 van and involved two highly complex sale and leaseback deals with Advantage West Midlands and AXA.
  • Unipart Group - leading on the £200million re-financing deal of the automotive and rail divisions within the group. Iftkhar has successfully concluded sale and leaseback deals for the company including the HQ at Cowley which alone comprised one million square feet of distribution/warehousing space and 100,000 square fee of office space.

Iftkhar was also awarded the Lloyds TSB Professional Excellence Jewel Award in 2007 - the award celebrated the contribution made by Asian people to society and the economy and recognises outstanding achievement in professional practice in Britain.

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Position

Partner

Languages

Competent Urdu


West Midlands: Real estate

Commercial property: Birmingham

Within: Leading individuals

Iftkhar Ahmed - Eversheds Sutherland (International) LLP

Within: Commercial property: Birmingham

Eversheds Sutherland (International) LLP handles agenda-setting transactions across real estate asset classes, ranging from infrastructure and retail through to office space and residential. David Jones handles commercial developments and heads the firm’s Birmingham real estate team – he advised SEGRO EMG on the site acquisition and pre-letting elements of the planned East Midlands Gateway rail freight terminal. Gurjit Atwal is the firm’s global real estate sector head – he handles retail, student housing and leisure deals such as advising Landsec on purchasing three outlet centres from Hermes Investment Management for £333m, which was partially structured through Jersey Property Unit Trusts (JPUTs). Helen Annable advised a hospitality company on the sale of 73 pubs across Great Britain as going concerns for £50m. Meg Heppel advised HM Revenue and Customs on pre-letting 22,300 sq m of space in 3 Arena Central. Philip Medford, the head of the residential development practice, advised Taylor Wimpey on purchasing the former Flightshed in Longridge for residential development in a transaction conditional on remediation. Mark Chester is a new hire from Gowling WLG – he and Iftkhar Ahmed advised Iron Mountain on the purchase of two leasehold data centres for £83m – one in Slough, the other in Singapore. Other clients include the Blackstone Group, which Atwal advised on selling a £460m social housing portfolio to Canada Pension Plan Investment Board.

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