Tom Everson

Tom acts on a wide range of commercial property matters and specialises in investment sales and purchases, asset management and both commercial and residential development.

He has over 12 years’ experience advising clients across a range of sectors. Current key clients include local authorities (particularly in their role as administering authority of a pension fund), local developers, shopping centre landlords and top-ten UK housebuilders.

Tom’s work in advising sophisticated large scale owners, occupiers and developers means that he has detailed experience of developing streamlined work processes, focussed on efficient service delivery for his clients.

Relevant experience includes advising:

• A local authority (as administering authority for a pension fund) on the £55 million purchase of a city centre shopping mall (including retail units, serviced office space and residential flats). Tom has subsequently led on the delivery of ongoing asset management services in connection with the centre, including “on-boarding”, reviewing and updating precedent documents, implementing a bespoke service delivery protocol and managing a team of fee-earners in connection with ongoing matters.
• A high profile local developer in connection with the £9 million sale of a tenanted industrial site to a pension fund, including complex contractual arrangements relating to ongoing development works and setting up and managing a retention fund in order to safeguard the receipt of the proceeds of sale on completion of works by client.
• A substantial developer client in respect of site set up matters on a 10-acre industrial site, including negotiating pre-let agreements conditional on planning and development obligations (including options to take further land and purchase a long leasehold interest) and management company set up. Tom subsequently acted on the re-financing of the entire property.
• Developer and investor clients on all aspects of asset management (including development pre-lets, other complex conditional agreements, relocations, renewals and dealings with existing leases) in relation to a wide range of assets, from marquee London shopping centres to out of town outlet centres.
• One of the top-ten UK housebuilders in connection with the purchase of land (conditional on the completion of substantial enabling works and planning permission) and subsequent development into the second phase of a wider residential development, to include more than 100 dwelling.