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Shepherd and Wedderburn

Work 0131 228 9900
Fax 0131 228 1222
551970 EDINBURGH-53

Caroline Shand

Work 0131 473 5234
Shepherd and Wedderburn

Work Department



Caroline advises on all aspects of real estate matters but with a particular emphasis on institutional investment, property finance and commercial development acting for a wide variety of investors (including traditional pension funds, private equity and foreign investors) and lenders. She is dual qualified in both Scots and English law and her time spent working in London with a highly ranked Real Estate team has given her valuable additional experience, which assists in the large volume of cross-border matters she deals with. Caroline is regularly instructed by both clients and English and international law firms to deal with the Scottish end of cross-border matters in both property finance and portfolio investment where her City experience means she is able to deliver the highest levels of knowledge and service to both the client and referral law firm with a one team approach. She has also dealt with numerous commercial leasing transactions over the years for landlords and tenants in the office, industrial and retail/leisure sectors.


2004-2006 – Trainee Solicitor, Tods Murray LLP, Edinburgh
2006-2011 – Solicitor, Tods Murray LLP, Edinburgh
2011-2012 – Associate, Tods Murray LLP, Edinburgh
2012-2014 – Associate, Nabarro LLP, London
2014 – Partner, Tods Murray LLP, Edinburgh
2014 – 2015 – Director, Shepherd and Wedderburn LLP
2015 – Partner, Shepherd and Wedderburn LLP


Law Society of Scotland (2005), Law Society of England & Wales (2011).


Fraserburgh Academy (1992 – 1998); University of Aberdeen (1998 – 2003) – LLB (Hons) with Options in Accountancy 2:1; PG Diploma in Legal Practice; Qualified Lawyers Transfer Test (England & Wales) – Head I Property (2011)


Cycling, Hillwalking, Kayaking & Travel

Scotland: Real estate

Commercial property: Edinburgh and Glasgow

Within: Commercial property: Edinburgh and Glasgow

Shepherd and Wedderburn's position at the premium end of the market sees it act for some of the largest and most active housebuilders, funds, banks, investors and retailers. In the retail sector, it advises British Land Plc on the asset management of Fort Kinnaird retail park in Edinburgh and Glasgow Fort, which are owned by Gibraltar Limited Partners and Hercules Unit Trust respectively.  Another area of strength is in the hotels and leisure sector; Jamie Grant and Hugh Smith head up the firm's offering in this space. Recent highlights in this area included advising BDL Select Operations Limited on the £5.4m sale of the Hilton Doubletree hotel in Dundee, and acting for BlackRock in the Scottish aspects of its £23m acquisition of the Stonegate pub portfolio. The firm's development work spans mixed-use and residential developments, retail sector schemes and offices, among others. Scott Ritchie recently acted for large-scale residential investor Get Living in its acquisition of a 7.5 acre site in Glasgow's Merchant City; this is one of the largest Build to Rent schemes in Scotland to date. Elaine Todd and others are advising Hermes Investment Management on the largest current speculative office development in Edinburgh, to be known as Capital Square. Mitchell co-heads the practice with Nick Ryden. James Dobie, Andrew Hall and Caroline Shand are among many other notable individuals.

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