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Penningtons Manches LLP

31 CHERTSEY STREET, GUILDFORD, SURREY, GU1 4HD, ENGLAND
Tel:
Work 01483 791800
Fax:
Fax 01483 424177
DX:
2405 GUILDFORD
Email:
Web:
www.penningtons.co.uk

Tony Burns

Tel:
Work 01483 791814
Email:
Penningtons Manches LLP

Work Department

Real estate.

Position

Partner in the real estate division. Tony acts for a number of property companies, developers, and owner occupiers and deals with all aspects of commercial property work to include investment portfolio acquisitions and disposals, commercial leases, acting for both landlord and tenant, and all related documentation. He has particular experience in development work and specialises in advising on deal structures to enable acquisition, and subsequent development and disposal of sites. He is also experienced in dealing with overage agreements which are increasingly common in this market, and in other complex and unusual transactions. Work highlights include: disposal of a large industrial park in the Southampton area to ABP at a price of £89m, with the benefit of Crown leases; Acting for administrators on a lease of restaurant premises at a significant rent in the Covent Garden area, together with related development agreement, overage agreement, pre-emption agreement and other related documentation, and advising on the subsequent sale of the investment; disposal of portfolio of 18 properties to Goldman Sachs at a price of £75m; acting for the landlord in putting in place lease of power station site for Marchwood Power Station, Southampton, a £100m project, together with all related easements, leases of inlet and outlet structures and other related documentation; and acting for tenant on tidal energy lease from the Crown of part of the sea bed designed to derive energy from tidal movement after all testing and infrastructure put in place.

Career

Trained Walker Martineau; qualified 1989; McKenna & Co 1990; Hart Brown 1991-92; UK Sales Manager, part of Courtaulds Textiles, Desseilles Textiles 1992-94; Rees & Freres, Westminster 1995-98; Payne Hicks Beach, London WC2 1998-2005; associate Maclay Murray & Spens London EC2 2005-15; associate director Penningtons Manches LLP 2015 to date.

Languages

French.

Education

St Georges College Weybridge; University of Kent, Canterbury (1986 Law with French 2(1)); Guildford College of Law (1987).


South East: Real estate

Commercial property: Kent, Surrey, Sussex

Within: Commercial property: Kent, Surrey, Sussex

The team at Penningtons Manches LLP 'works seamlessly and incredibly hard on all instructions' according to one client. It handles a range of work including the acquisition of sites for substantial developments in the retail, hotel and industrial space, and also has lending and refinancing expertise. Clients include developers, landowners, landlords and tenants, including Barrington Brown Partnership, Flight Centre (UK), Rainham Steel Investments and Seybourne Estates. Department head Mike Busby and associate Sam Davies are 'outstanding solicitors with excellent communication skills'; the 'excellent' Tim Davies and Tony Burns are also key names, together with senior associate Graham Dixon. Jamie Lynch and Amanda Bolland joined the team from Herbert Smith Freehills LLP and Gowling WLG respectively.

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