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DLA Piper Scotland LLP

RUTLAND SQUARE, EDINBURGH, EH1 2AA, SCOTLAND
Tel:
Work 02073 490 296
Fax:
Fax 0131 242 5555
DX:
ED271 EDINBURGH
Email:
Web:
www.dlapiper.com

Drew Wallace

Tel:
Work 0131 242 5588
Email:
DLA Piper LLP (US)

Work Department

Real estate.

Position

Drew Wallace heads the Real Estate group in Scotland. The Scottish Real Estate Team specialises in all types of commercial property work, including investment, development, corporate occupiers, leasing and retail. Drew’s team focuses particularly on investment, development, corporate occupiers, leasing and retail. The Real Estate Team in Scotland act for amongst others, Asda Stores Limited, Artisan Advisers, Atos, Aviva, AXA, BA, Barclays Bank PLC, Blackstone, CCLA, City and Country, Cornerstone, Edinburgh Woollen Mill, Goodman, Hansteen Holdings, Heineken UK Limited, Hudson Advisors, Interserve, Ivanhoe Cambridge, Knightsbridge, NERC, Pace Trustees, Palmer Capital/Manse, RBS, Santander, Scottish Water, Sovereign Land, Tiger, USF Nominees Limited and USS.

Career

Trained at Bell & Scott, Bruce & Kerr, qualified 1985. Partner at Archibald Campbell & Harley. Managing Partner at Archibald Campbell & Harley. Partner at DLA Piper Scotland LLP since 2003. Publications of note: Land and Buildings Transaction Tax: Residential and non-residential property, 14 Apr 2015; Dilapidations case law update: Judgement continues recent trend in favour of tenants, 27 Mar 2015; Measures to improve energy performance of non-domestic buildings: Scottish implementation timetable announced, 24 Mar 2015; Scottish property transactions tax, 12 Mar 2015; Land and Buildings Transaction Tax: Residential and non-residential property, 30 Oct 2014; New Scottish property transaction tax, 16 Oct 2014; Scotland: Land and Buildings Transaction Tax rates and bands announced, 10 Oct 2014; Community right to buy to be extended to urban areas, 23 Jul 2014; Property owners encouraged to act now to preserve real burdens, 21 Jul 2014.

Member

BCSC and SPF.

Education

Kirkintilloch High School; Strathclyde University; LLB Honours 1982; Diploma in Legal Practice 1983; Admitted 1985.

Leisure

Football, wine enthusiast, reading, swimming.


Scotland: Real estate

Commercial property: Edinburgh and Glasgow

Within: Commercial property: Edinburgh and Glasgow

DLA Piper Scotland LLP is a strong choice for big-ticket investment acquisitions, disposals and development deals in Scotland. Its team also has a strong track record in commercial leasing and portfolio management matters. Further, its prominence in the market enables it to attract a sizeable portfolio of cross-border property work from blue-chip clients. In a particularly high-profile transaction, team head Drew Wallace (who has more than 30 years of commercial property experience), Lisa Kerr, Carolyne Hair and Edwin Truesdale worked with the property team in England to advise Heineken on the property aspects of its £403m acquisition of more than 1800 pubs from Punch Taverns across the UK. Another standout mandate saw Wallace, Stephen Dick, Guy Irving and others act for New Waverley 20 Limited in the circa £100m Government Property Unit letting of more than 180,000 square feet of office space at New Waverley; this was the largest office letting in Edinburgh for 20 years. Another name to note is Steve Edgecombe, who has a particularly strong reputation in the hospitality and leisure arena (particularly the hotels sector). Edgecombe leads on the firm's UK-wide relationships for Travelodge and Places for People, and also the international relationships for clients such as Hilton Hotels and Qatar Airways. Edgecombe was the lead adviser to Proprium and C&C Group on their £300m acquisition of shares in Admiral Pubs. Other clients of the firm include Aggregate Industries, Timpsons, AXA and Hansteen. Sheila Irvine is also recommended.

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