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Bruce Dear, Partner

Bruce Dear

Partner

Practice areas

  • Financial institutions
  • Real estate
  • Real estate investment

Practice notes

Bruce is Head of our London Real Estate group. He has advised on some of the UK's biggest property deals.

Bruce specialises in complex commercial structuring for property acquisitions, disposals and development, together with leasing and the full range of strategic asset management.

Bruce is listed as a leading City lawyer in Chambers and Legal 500. Legal 500 say Bruce is "exceptional". Chambers say: "Bruce attracts a plethora of accolades from across the market”, has “exceptional knowledge of the property markets” and is "technically excellent…commercially astute, affable and always looking for innovative ways of getting things done".

Bruce's recent experience includes advising:

  • Facebook on their new European headquarters at One Rathbone Place;
  • Legal and General on their £500m purchase and joint venture with Peel at BBC Media City;
  • KPMG on their headquarters extension at 30 North Colonnade, Canary Wharf and their new “Number Twenty” Grosvenor Street client hub (£350 million);
  • KPMG again on the sale and leaseback of their 15 Canada Square headquarters (£400 million);
  •  Legal and General on the purchase of the Rolls Building (£305m);
  • CBREI on a £3 billion fund merger; and
  • Legal and General on the funding and development of the new FA Football University at Burton on Trent (£100 million).

Over the last twenty years Bruce has published many articles on issues of real estate law, policy and politics in among others the Financial Times, The Times, Estate Gazette, Property Week, CityAM and Costar.

Brexit

Contact Bruce Dear for more information on how Brexit may affect your business. View our Brexit hub for our full range of Brexit resources.

See below for the Brexit related articles Bruce has written since the referendum.

External articles

Listen to the Commercial contracts Brexit podcast

How to solve the housing crisis in five years

The UK housing market is failing millions of people. It produces far too few homes, and then offers them at unaffordable rents and prices.

Yet we could cure this national housing crisis in just five years, using high-technology modular construction, reimagined council housing and patient institutional capital.

 

London needs a new deal with its nation to secure a good Brexit for its leading industries

We cannot assume that London will always succeed. No city is too big to fail. London must constantly reassert its global status because if a city isn’t rising, it’s falling.

Our housing crisis will become a catastrophe without a national crusade to fix it

HOUSING is a basic human right, and we are denying it to our children. If current house price rises continue, babies born today will pay £6.3m in 2048 for a one bedroom London flat. Already, at around £428,000, the average London house price is over 16 times the average national salary. There is a vast and growing wealth chasm between the housed upper middle class and the hard working but un-housed (except in precarious rented accommodation) young middle class.

Brexit is a chance for London to renew itself once again as a great global city

London is a phoenix-like city. It has reinvented itself time and again, rising from the Great Fire, the Plague and the Blitz. Compared to those, Brexit is a mild cold.

We can renew London once again post-Brexit – if we channel the can-do spirit of our ancestors in facing up to our housing and infrastructure challenges

London has always risen again.

This is the 350th anniversary of its greatest resurrection. Our ancestors in 1666 reacted to the Great Fire with a speed and coordination that defies belief. They tax-incentivised developers, ran the first national charitable appeal, invented modern fire insurance, and worked day and night for free. Compared with the Great Fire, Brexit is barely a gnat bite. As we deal with it, we should be inspired by their resilient example.

Making Manchester

Places should be created with people in mind; rather than people inserted into preconceived places. Historically too many developments have been based on nothing but abstract ideas, damning the people in them to truncated and disconnected lives.

Bruce Dear’s notes from Finland

To Tampere, Finland to give a speech on the UK real estate market. Tampere is Finland’s Manchester: post-industrial, vibrant and regenerating. I am speaking to potential investors at RE Finland, the Nordics’ biggest property conference.

Hong Kong makes Gotham look like Trumpton

The future arrives slowly in the UK, hamstrung by planning disputes and NIMBYs. But in Hong Kong it smashes into the present with armies of colossal cranes and piling machines, sky-blocking residential towers and blazing sky scrapers. Hong Kong makes Gotham look like Trumpton

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