Steve Morris > Acuity Law > Cardiff, Wales > Lawyer Profile

Acuity Law
3 ASSEMBLY SQUARE
BRITANNIA QUAY, CARDIFF BAY
CARDIFF
CF10 4PL
Wales

Work Department

Real Estate

Position

Steve is an experienced Commercial Real Estate Partner with considerable expertise in large-scale real estate projects encompassing elements of structuring, finance, planning and procurement.

Having joined Acuity in 2005, Steve has been actively involved in the growth of the real estate team. Steve’s clients include major local and national developers, investors with portfolio management needs, technology giants, financiers, public and third sector.

As a highly regarded commercial property lawyer, Steve regularly advises a number of well-known clients including Sony, Lloyds Banking Group, Principality Building Society, Hodge Bank, West Sussex and Wolverhampton Council, leading a team on some of the largest, highest profile property deals around the UK.

Steve has recently been named as one of the most influential people in property and construction in the Wales Insider Media Property Power List 2022.

Expertise:

  • Commercial property deals and transactions – acquisitions and disposals of freehold and leasehold land, landlord and tenant, placing of security, securitization of assets
  • Real estate development projects – from site assembly to land acquisition, site due diligence, procurement, finance and advice on planning applications and appeals. Experience in complex land assembly and split financing projects
  • Property finance – negotiation of forward funding and property development finance agreements, drafting of security agreements, collateral guarantees, and complex facility arrangements
  • Planning – from assessment of the site and application process through to negotiation and drafting of detailed planning agreements (including viability and affordable housing delivery) with advice on divergences between England and Wales in statute and policy
  • Insolvency and effect on ownership of property – protecting tenanted properties

Languages

French.

Lawyer Rankings

Wales > Real estate > Planning and environment

(Leading individuals)

Steve MorrisAcuity Law

Wales > Real estate > Commercial property

(Leading individuals)

Steve Morris – Acuity Law

Commercial property-related work informs much of Acuity Law’s transactional work and remains a cornerstone practice area for the firm, both in relation to purely domestic work, as well as increasingly outside of Wales. Although the firm’s client base is wide-ranging and includes financial institutions, end users and public sector entities, Rightacres remains a core client across a range of high-profile developments in the Welsh capital. Gareth Baker has been at the heart of much of this work, including in relation to the successful Central Square regeneration scheme, as well as the Central Quay project at the former Brains brewery site in the centre of Cardiff. Damien Cann is a pivotal member of the team, and as well as being responsible for devising and implementing the funding arrangements for RightAcres (enabling it to attract a great deal of investment into the Central Square project), also regularly advises healthcare clients on their property requirements. Steve Morris co-heads the team alongside Baker, and is noted for his expertise advising developers and lenders on commercial and residential schemes in Wales and England.