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MARLBOROUGH HOUSE, 30 VICTORIA STREET, BELFAST, BT1 3GG, NORTHERN IRELAND
Tel:
Work 028 9055 3300
Fax:
Fax 028 9055 0096
DX:
433 NR BELFAST 1
Email:
Web:
www.tughans.com

David Jones

Tel:
Work 028 9082 0531
Email:
Tughans

Work Department

Real estate.

Position

I have experience of all aspects of commercial property in England and Wales and Northern Ireland including the acquisition and disposal of development and investment properties, leasing and property management (acting for both landlords and tenants) across the retail, office, industrial and leisure sectors. I also work on the property aspects of business and company sales and acquisitions. I am dual qualified in England and Wales and Northern Ireland, having worked in London for Nabarro for 6 years before returning to Belfast and am currently the Treasurer of the Northern Ireland Commercial Property Lawyers’ Association. Examples of experience include: (i) Act for Tesco in relation to its major development projects in NI, including Castlebawn Retail Park in Newtownards and Northcott Shopping Centre in Glengormley, amongst others; (ii) Act for a number of London and foreign based property funds and institutions in relation to Northern Irish assets, including British Land, Brockton Capital/Pradera, London Metric and Picton Capital; (iii) Acted for Quintain Estates and Development Plc on various aspects of the Wembley redevelopment over a 5 year period, including – site assembly and ongoing management of the entire site (one of the largest, highest profile, mixed use development sites in Europe). Also dealt with landlord and tenant work and the disposal of a number of large, mixed use city centre investment properties; (iv) Acted for Glasgow City Council (Strathclyde Pension Fund) and Aberdeen City Council Pension Fund in the purchase, disposal, development and ongoing management (landlord and tenant work) of their property portfolios in England and Wales, worth over £1bn; (v) Acted for ISIS Waterside Regeneration (partly owned by British Waterways) in acquiring an option to redevelop a 28 acre canal side site next to Birmingham City Centre; (vi) Acted for the Mall as part of a team that acquired 8 large shopping centres in the space of 6 months, followed by a multi-billion pound refinancing; (vii) Act for a number of occupier clients taking office, retail and industrial leases in central London and throughout England and Wales and Northern Ireland, including Abercrombie & Fitch, Inchcape, Bedeck, Randox and Apple; (viii) Act for a number of local NI property companies in relation to their property interests across the UK, dealing with development issues, acquisitions, disposals and management issues. This work involves all sectors of the property market, including shopping centres, office blocks and mixed use sites. This also involves dealings with NAMA; (ix) Act for Apple in respect of all its interests on the entire island of Ireland, managing colleagues in respect of RoI issues; (x) Acted for Eurojet in relation its new development of a multi-million pound private jet maintenance and handling centre at Birmingham International Airport, involving complex, bespoke documentation; (xi) Act for Bank of Scotland and now KPMG (as administrators) in relation to its funding and subsequent management and planned disposal of the multi-million pound development of the Obel complex in Belfast, including the tallest building on the island of Ireland; (xii) Act for a number of foreign businesses setting up in Northern Ireland for the first time across a variety of sectors, assisting in attracting such investment into Northern Ireland.

Career

Trained and qualified (January 2004) into the commercial property team at Nabarro Nathanson (now Nabarro LLP), before returning home to Belfast after almost 6 years with the firm in London. David joined the commercial property team at Tughans in September 2007 and was made partner in April 2012.

Languages

English (basic Spanish and French).

Member

Treasurer of the Northern Ireland Commercial Property Lawyers Association; Law Society of England & Wales; Law Society of Northern Ireland.

Education

Royal Belfast Academical Institution; University of Newcastle Upon Tyne, LLB 1997-2000; College of Law Guildford, LPC 2000-2001.

Leisure

Rugby, cricket, golf, cycling.


Northern Ireland: Real estate

Commercial property

Within: Commercial property

Tughans’ ‘accurate, detailed and business-focused’ team has a solid track record advising on high-profile and high-value property sales within the hotel, retail, energy and insolvency sectors, with student accommodation a growing area of activity. Highlights included acting for Randox Laboratories in the acquisition of a farm business on a 300-acre site via a share purchase, which involved a simultaneous hive up of property, a group restructure and letting and funding arrangements. David Jones leads the team, which includes Joe Moore, James Pringle and Rebecca Moffett. Consultant Phyllis Agnew is highly regarded for her expertise in development-related property mandates.

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