Legal business DWF has launched a real estate team in Dublin with the appointment of partner Michael Neary as the firm continues to enhance its international reach and strengthen its commercial services capability in Ireland. Michael joins from Eversheds and will drive the growth of DWF’s firmwide real estate practice, raising the firm’s profile in Dublin.
Michael has significant experience in buying and selling commercial property, acting for both landlords and tenants in commercial leasing agreements and acting for banks and financial institutions in property-backed lending. He has expertise in a wide range of commercial property matters, including acquisitions, developments, insolvency and conveyancing matters and has worked across a number of industry sectors such as energy and retail.
He has acted on in a number of significant property transactions in Ireland, including the sale of over 600 apartments across five developments to Marathon Asset Management for €120m and more recently has been involved in the €58m acquisition of the Allianz Building in Dublin’s Elm Park.
Ross Little, Executive Partner for DWF’s Dublin office, says: “Michael is a welcome addition to the team in Dublin, his expansive property knowledge and local insight will be instrumental in developing the real estate practice here as we continue to build our capability in commercial services for the benefit of clients in Ireland, the UK and internationally.”
Michael comments on his appointment: “DWF’s presence in Dublin is growing, and the development of a real estate practice will complement that growth and enhance service for clients in Ireland as well as the UK. Ireland’s property market is still returning to strength following the recession, but the last two years has seen a rise in developments and growth in the office and hotel markets and with a housing shortage expected to drive further growth, it’s vital to have a strong practice in place to support the firm’s clients.”
DWF’s circa 200-strong firmwide real estate team regularly advises major corporates, developers, investors and occupiers, counting many household names amongst its client base. The group has acted on over £2bn worth of real estate deals last year alone.