Pieter is a senior associate in the real estate team.
He advises developers, investors, charitable organisations and private individuals based in both the UK and abroad on a wide range of commercial real estate transactions, including site assembly, development, the acquisition and disposal of investment assets, landlord and tenant matters, and real estate finance.
Pieter has particular interest in work involving the development of industrial sites, mixed use schemes and manufacturing facilities.
He has had numerous articles published covering topics ranging from the viability of electronic signatures in real estate transactions and the transparency of overseas and domestic corporate ownership of UK real estate assets, to the prospect of the emergence of the commonhold model of property ownership, as an alternative to the traditional leasehold model.
Pieter qualified as a solicitor in 2008, joined Russell-Cooke in 2017 and became a senior associate in 2018.
- Leading a cross-departmental team advising an EU based manufacturing company entering into an agreement for a lease for a new bespoke industrial facility at a docklands site in the UK, conditional upon the construction of the shell and core of the 150,000 square foot facility. To include detailed provisions dealing with the co-ordination of major landlord and tenant works and associated risk allocation, an ancillary commercial agreement for port/cargo services and a cross-border parent company guarantee.
- Acting on the sale of a newly constructed distribution centre comprising 5 warehouse units with a total gross internal area of circa 75,000 sq ft, at a price of £18.2 million. The transaction included provisions to deal with uplift payments to the seller in the event that any of the new units were pre-let prior to practical completion, together with contingent VAT provisions relating to the status of the transaction as TOGC.
- Acting on the sale of a development site with planning consent for 60 residential units to a housing association, at a price of £8.68 million, including escrow arrangements to deal with a substantial retention in respect of remediation of contaminated soil at the site.
- Preparing sale scheme documentation for a residential development scheme utilising a new “Custom Homes” model, which allows purchasers of new build residential units to customise the internal layout and features of their property.
- Leading a team advising on the acquisition of a multi-let mixed use building, structured as a TOGC. Negotiating a right for the client to apply for prior approval for permitted development of the upper parts to form 50 residential units between exchange and completion. Subsequently instructed on a ‘back to back’ disposal of the asset, with completion of the onward disposal being conditional upon procuring the surrender of various occupational interests in the upper parts.
- Advising on the disposal of an industrial site comprising 3 newly constructed distribution warehouse units, at a price of £15.8 million. The site was sold with vacant possession and the benefit of a full suite of construction documents. The terms of the transaction also included bespoke post-completion obligations in relation to the rectification of defects.
- Advising a developer client on the acquisition of a site from liquidators. Contracts were exchanged within 4 days of receiving instructions, with completion conditional upon various insolvency related matters. Providing subsequent advice on the disposal of the site to a registered housing provider with completion conditional upon the grant of planning for 15 affordable housing units.
- Acting on the acquisition of a former RAF airfield for development. To include complex deferred consideration and overage provisions, linked to the phased development of the site and neighbouring land being retained by the seller.
- Advising on the development of a building comprising a retail ground floor with office space above, to form a refurbished ground floor retail unit with residential flats above, including the subsequent letting of the ground floor, sales of the newly completed residential units and the disposal of the reversionary interest in the building, subject to the commercial lease, as part of a Section 5 Landlord and Tenant Act 1987 scheme.
- Acting for a property investment company in relation to on-going lettings and property management for a parade of 25 units on a well-known North London high street. Subsequently assisting with the disposal of the portfolio at a sale price of £90 million.
- Commercial Real Estate Legal Association (CRELA)
- Pieter read Law at the University of Reading and subsequently completed his post-graduate legal studies at the College of Law, Guildford