Geoffrey Reed Partner
Geoff leads the Real Estate team based in Wales. He has extensive experience in all aspects of property work for both the public and private sectors and has acted on a number of major property transactions in recent years.
Main areas of practice
He has particular expertise in the procurement, acquisition, funding, letting and disposal of commercial industrial and residential property. Geoff is highly regarded by clients and colleagues for his commerciality and technical expertise.
Clients are investors, developers, banks and occupiers. He also acts for Welsh Government and local authorities.
- A private property investor in the sale of city centre shopping arcades at circa £21m.
- A joint venture company on the sale of 180 acres of land to national housebuilder for major strategic residential and commercial development including complex overage provisions and land options.
- A major fund on the £15m refurbishment of Distribution Centre and regearing of lease to Primark.
- For Welsh Government on multi-million acquisition of technology park.
- For private developer on the acquisition funding and letting of 12 storey 216 bedroom city centre hotel.
- For a national lender on loan facility of £10m to overseas property investment company secured by legal charges over 18 investment properties.
- For Llanelli Scarlets RFC on the development of their new Parc y Scarlets stadium.
Related Knowledge & Resources
The higher rates of SDLT are intended to apply to purchases of additional residential properties, such as second homes and buy to let properties.
Chancellor announces changes to stamp duty land tax for first-time buyers but with no changes for the rest of the market
As had been hinted at over the weekend, in today's Autumn Budget, Phillip Hammond has announced changes to Stamp Duty Land Tax ("SDLT") to assist first time buyers to be known as "Discount Relief".
With fly-tipping on the increase, private landowners are becoming more concerned about their rights and responsibilities. Our expert discusses the remedies for private land owners as well as the preventive measures that can be taken.
What is the significance of the provisions in the Bill? This is a draft Bill published by the Secretary of State for Wales, rather than a Bill proper. It is being consulted on, in advance of introducing a Bill proper sometime early in the new year.
Nationwide (England) from 1 February 2016