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David Nicholls

David Nicholls

Partner

Bio

David is a Commercial Real Estate Partner.

David advises across a broad range of commercial real estate matters, specialising in complex real estate transactions and strategic property matters.

Working with a diverse client base including property investors, developers, pension funds, banks, landlords, and businesses of all sizes, David supports clients to navigate commercially-sensitive negotiations, secure key operational premises, restructure property portfolios, acquire investment assets, and unlock development opportunities.

His areas of expertise include investment, acquisitions, disposals, secured lending, portfolio and asset management, commercial leases, lease renewals, relocations, development projects, strategic property transactions, complex stakeholder arrangements, occupier relocations, expansion projects, complex title issues, property due diligence, and land promotion, option and overage arrangements.

Examples of David’s work include:

  • Acting for a Premiership rugby club on the new leases of their stadium.
  • Acting for a large leisure provider on the property aspects of an acquisition of a sports and leisure club.
  • Acting for a large import company on taking a complex series of leases of a new distribution centre, which included construction obligations on both parties.
  • Acting for a landlord client with a large, complex commercial property portfolio on the grant of new leases, renewal leases, acquisitions and disposals.
  • Acting for a business on the complex acquisition of a large office building on an estate with a defective title and the subsequent secured lending.
  • Acting for a landowner in respect of an option agreement and overage agreement with a value in excess of £5 million.
  • Acting for a pension fund in the complex acquisition of a large unit for a SSAS pension scheme, including bank funding secured against another large commercial property.
  • Acting for a high-value property investor in the sale of a multi-let office building in the City of London for £8 million+, involving complex funding arrangements and offshore parties.
  • Acting for an accountancy firm on their relocation to large, premium offices which involved fit-out works in excess of £1 million.