Damien Cann > Acuity Law > Cardiff, United Kingdom > Lawyer Profile

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

Work Department

Real Estate

Position

Damien is a partner in the Real Estate team and is involved in both equity and debt-funded property development schemes. An established adviser on the acquisition, disposal, letting and funding of commercial properties, Damien has a long track record of advising clients in the healthcare sector, including Achieve Together, CHOICE, LifeCare and Portman Healthcare Limited.

Damien acted for Rightacres Property Co Limited, an innovative commercial property developer specialising in occupier-led property solutions for business, in connection with the former Brain’s Brewery site in Cardiff known as Central Quay. This included a transaction for the waterfront residential scheme comprising the development of Plots 1 and 2 Central Quay to create approximately 700 new residential units, from studios to three-bedroom penthouse apartments, which has now been completed by long leasehold disposal to L&G.

Damien has acted for Rightacres for several years in relation to its funding agreements, culminating in several hundred million pounds’ worth of investment into the Central Square project in Cardiff.

Damien has also led on several exciting new restaurant opportunities for the Pasture restaurant group, and retail boutiques in prime central London locations for New York-headquartered beauty and cosmetic company Malin + Goetz.

With particularly strong technical legal skills, Damien brings a wealth of commercial experience and is known for his expertise in innovative funding options.

Damien has a specialism in marina and waterfront developments for clients including Associated British Ports and Boatfolk Marinas.

Damien has many years of experience in acting on social housing acquisition and development in England and Wales including pension-funded investment structures and bond issues.

Expertise:

  • Annuity-funded structures in property development
  • Acquisition and development of commercial property
  • Property-secured finance
  • Commercial projects and contracts, including long-term contracts between the private and public sectors
  • All aspects of leasehold property management

Lawyer Rankings

Wales > Real estate > Commercial property

(Next Generation Partners)

Damien CannAcuity Law

Acuity Law provides ‘flexible and commercially driven’ advice to a range of stakeholders, both out of its Cardiff headquarters as well as its increasingly well-established London office and its nascent Bristol location. Developer work remains a core driver for the team, with longstanding client, Rightacres, continuing to provide a slew of instructions in relation to major development projects in Cardiff. Gareth Baker is pivotal to this work and has been the lead lawyer for Rightacres on its flagship Central Square regeneration scheme since 2014. Damien Cann has also been at the core of this work, particularly as it pertains to the developer’s funding arrangements – work which he combines with significant expertise within the healthcare sector. Steve Morris , who is ‘always supportive and knowledgeable’, co-heads the team alongside Baker, while at a more junior level Ben Honour, who was promoted to partner in June 2022, provides ‘client-focused’ advice on the acquisition and disposal of commercial property and development projects.