Senior Associate - Commercial Development & Investment

09 Feb 2019
20 Feb 2019
Contract Type
Full Time
About Gowling WLG

We have more than 1,400 legal professionals working around the world. Our offices span across 19 cities in Canada, the UK, Continental Europe, Asia and the Middle East. There's strength in our global presence - we embrace our differing cultures and work together as one team. We also understand the importance of investing in relationships that build knowledge and trust, while we provide legal advice that's tailored to our clients' world.

'Our people and distinct culture are what makes us different. We know this through client and employee feedback and this drives everything we do'' Chris Oglethorpe, HR Director.

There are great opportunities for all our people to flourish. Through training and personal development they can grow in their role. Our people are the cornerstone of our success, across legal, business support and early talent. We care about their happiness and believe in the power of teamwork. We want them to feel empowered and recognise that by supporting, respecting and embracing everyone's different contributions we achieve more.

Working flexibly, working fairly

Agile working offers people more freedom and flexibility in where, when, and how they work. As technology advances and our workforce becomes more diverse - and with clients often working to a 24/7 rhythm - having extra flexibility is key to helping us balance work and other commitments sensibly and productively.

By supporting people to choose where and when they get their work done, we help them to make a full and fair contribution to their team - while maintaining that all important work-life balance.

Where possible and depending on business needs, we will consider all flexible working options such as part-time working, job sharing, working from home and staggered hours. If in considering a role with Gowling WLG you favour flexibility in your working arrangements, please discuss this with the recruitment team in the early stages of the application process.

About the Team

One of the biggest dedicated commercial development and investment teams in the UK advising many investors and developers, we regularly lead on high value, and strategically important deals and projects. Our extensive experience means clients receive innovative and commercial solutions to often complex specifications quickly and efficiently.

Our wide range of clients include investors and developers in real estate, property companies, institutional investors, local authorities, US private equity investors, funds, private banks, pension funds, shopping centre operators, and private clients. We advise on mixed-use schemes, offices, shopping centres, business and retail parks, hotels, industrial estates and logistics parks, and our wider real estate group advises on residential, private rented sector, healthcare, retirement and student accommodation.

Clients include:

Various Schroder UK investment funds;

Development Securities Plc;

Castlepoint Limited Partnership (operated by Standard Life Investments);

Guernsey based investment fund affiliated to Ahli United Bank (UK) Plc;

Warwickshire County Cricket Club;

Birmingham City Council.

The team provide advice on investment and development projects including: joint venture projects, promotion agreements, sale and leaseback transactions, funding's and commercial lettings. Whilst we have a separate dedicated asset management team, certain asset management work will be done within the team.

Our comprehensive real estate development service includes site assembly (with or without compulsory purchase) including obtaining vacant possession, managing the planning process to secure the necessary planning permission, structuring and negotiating tax-efficient development and financing arrangements.

By way of example of the team's work, it has recently advised:

The development of the new Edgbaston Cricket Ground
Advising Castlepoint on negotiations to rebuild parts of one of the largest shopping parks in the UK, with works to occur on a phased basis whilst keeping the centre open for trade
Advising a Schroder fund on the acquisition of a portfolio of bowling alleys and refinancing arrangements
The acquisition and letting of Langney Shopping Centre in Eastbourne and advising on plans to extend the centre
Advising Development Securities Plc on the joint venture arrangements for the development of a flagship offices scheme in Hammersmith, London and the subsequent letting and forward funding arrangements with Scottish Widows

Advising Birmingham City Council on the disposal of NEC Limited including the putting in place of new leases of the National Exhibition Centre, the International Convention Centre and the National Indoor Arena

The acquisition of various single let assets for AUB Commercial Property Income Fund

Main Purpose of the Job

Our business is growing and we are looking for a Senior Associate to join the team to provide support to and work closely with a Director on commercial property work in relation to retail, offices and mixed use property for institutions, property companies and developers for substantial UK wide property investments and development projects.

This is an opportunity to truly increase the depth and breadth of your experience, and be able to work with high profile and sophisticated clients. The work is challenging, varied and interesting and will provide opportunity to develop and nurture solid client relationships, as well as work closely with others within the team and firm.

Main Duties and Responsibilities

The role will have a broad high value, high profile property development and investors focus across all sectors and will involve:

Acquisition and disposal of:

land and properties freehold and leasehold (including unregistered land);
substantial real estate investment assets freehold and leasehold (including unregistered land);

Major redevelopment projects;
Lettings and Pre-lettings;
Management of real estate portfolios;
Associated property deeds and documents (e.g. side letters, conditional and unconditional agreements for sale/lease/surrender, options, deeds of variation, certificates of title etc.);
Collaborations and joint ventures;
Funding; including all title investigation, searches, enquiries, drafting, negotiation, research, analysis, liaison with clients agents and third parties, meetings reporting on title, indemnity insurance arrangements, communications, project management, administration and financial aspects, Land Registry or other applications (including SDLT) and post completion formalities as well as understanding and delivering on clients' requirements and expectations (including all reporting requirements);
Marketing, group practice development and client entertainment/training events and activities;

Key skills and experience

Key Skills and Experience:

Working in an inclusive, sharing and collaborative culture, you will be expected to play your part in ensuring the continuing success and growth of the team.

You should be able to:

Manage your own caseload to tight deadlines, remain calm under pressure and prioritise your workload effectively;
Work in a team environment (which may involve working as part of a bigger project team) and support your colleagues;
Give clear, practical advice with sound commercial judgment and swift accurate implementation of instructions;
Negotiate effectively and deliver commercial solutions for our clients;
Carry out title reviews and report on title;
Communicate appropriately at all levels within the team and the wider business as well as with clients, agents and other parties ;
Work closely and collaboratively with Wragge Lawrence Graham & Co team members, clients, and other professionals (e.g. agents, surveyors, consultants, accountants and others);
Understand property related deeds and documents and preferably have experience of drafting Leases, Transfers and other property related deeds and documents;
Prepare for and participate in marketing functions as part of added value services to our clients;
Delegate where appropriate and supervise and mentor more junior fee earner team members
Prepare for and help deliver presentations (seminars, beauty parades, marketing functions, training sessions) as part of our added value services to our clients and within the team

You should have:

An effective, engaging and professional communication style with advanced interpersonal skills;
A proactive approach with the confidence to use your own initiative;
Effective time management and organisation skills;
Problem solving and analytical skills;
Project management skills (would be beneficial but not essential);
Strong IT/keyboard skills (familiarity with using client facing portals to record assets acquired would be beneficial)

Equal Opportunities

Gowling WLG is committed both to promoting equality and diversity in the firm and to Equal Opportunities in employment. The firm believes in equality of opportunity regardless of race or racial group (including colour, nationality, ethnicity, national origins), religion or belief, age, disability, sexual orientation, sex, gender re-assignment and gender identity, marriage and civil partnership, and pregnancy, maternity and paternity. This also includes any incidents of perceptive or associative discrimination and harassment.

At Gowling WLG we seek to attract and retain talented people from a diverse range of backgrounds and cultures, to create an exciting and rewarding place to work..... click apply for full job details

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