Jonathan Preece

Of Counsel
Real Estate

Mr. Preece, of counsel in the London office, is a member of the Real Estate Group, focusing predominantly on commercial property transactions.  

Mr. Preece has extensive experience acting for both private developers and social housing providers on the acquisition of land for development purposes and its subsequent disposal. This often involves advising on planning and construction issues, option agreements, overage, clawback and pre-emption arrangements, building and land contract negotiation, infrastructure agreements and the structuring of transactions to save VAT and SDLT.

He also advises on shopping centre development, managing and leasing.

Mr. Preece is recommended in the Social Housing category of the 2012 edition of Legal 500 UK.


Jonathan Preece
Representative transactions include advising:
  • A private developer on the acquisition of a mixed use residential and commercial scheme in South East London by way of site assembly agreements with several landowners involving option deeds, conditional contracts and pre-emption schemes and subsequently acting for that client on the disposal of such site once constructed
  • A Thames Valley-based registered provider on the acquisition of a development site for a residential scheme of 86 units involving the acquisition of land from the local authority and a private landowner; the purchase contract being conditional upon the grant of a satisfactory planning permission
  • Several social housing providers on the purchase and development of numerous sites from private developers under section 106 planning agreements
  • A major UK shopping centre owner on the disposal of a multi tenanted shopping centre to the Crown Estate
  • On the negotiation of JCT building contracts, collateral warranties and professional team deeds of appointment, running in parallel with land agreements
  • On rights of light, easement agreements, access to neighboring land and tenant’s rights of first refusal
  • A U.S. client on the disposal of the distribution warehouse operated by its UK subsidiary and advising several U.S. companies on their UK occupational requirements
  • A registered provider on the transfer to it of a residential portfolio of residential flats and houses from another registered provider
  • A shopping centre owner on the grant of leases of retail units (on a turnover rent basis) to many of the UK’s major retailers
Admitted In
  • England and Wales

Education
  • LL.B., University of Southampton School of Law, 1987
Memberships
  • Law Society of England and Wales

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