Steve Morris > Acuity Law > Cardiff, United Kingdom > Lawyer Profile
Acuity Law Offices

3 ASSEMBLY SQUARE
BRITANNIA QUAY, CARDIFF BAY
CARDIFF
CF10 4PL
United Kingdom
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Steve Morris

Work Department
Real Estate
Position
Steve co-leads Acuity’s award-winning Real Estate team alongside Gareth Baker.
Steve enjoys an impressive reputation for advising on high-value property-backed financings and was named as one of the most influential people in property and construction in the Wales Insider Media Property Power List 2022. He is ranked by both The Legal 500 and Chambers and Partners.
Working with a portfolio of both developers and lenders, Steve is well-known for his strong technical skills and extensive market knowledge. He has a specialism in large-scale real estate projects encompassing elements of structuring, finance, planning and procurement.
A well-established general development lawyer for both commercial and residential schemes, his clients include major local and national developers, investors with portfolio management needs, technology giants, financiers, public and third sector organisations. He acts for such names as Sony, Lloyds Banking Group, Principality Building Society, Hodge Bank and West Sussex and Wolverhampton County Councils.
In recent years, Steve has led teams on some of the largest, highest profile property deals in London and South Wales, including acting for a major Cardiff developer in the development, construction and letting to the BBC and HMRC of their new Welsh HQs, and the new Welsh Valleys HQ of the Department of Work and Pensions. He continues to act on some of the largest deals in Wales and around the UK.
Steve has played a key part in the growth of the Acuity Law Real Estate team. He is noted for his client-centric approach, and his ability to analyse a multitude of complex interlocking issues across a wide range of disciplines are often key reasons why clients instruct him.
Steve regularly hosts seminars and workshops in England and Wales on planning matters and delivers lectures for RICS Wales and the Brownfield Land Wales conference.
Expertise:
- Commercial property deals and transactions – acquisitions and disposals of freehold and leasehold land, landlord and tenant, placing of security, securitisation of assets
- Real estate development projects – from site assembly to land acquisition, site due diligence, procurement, finance and advice on planning applications and appeals. Experience in complex land assembly and split financing projects
- Property finance – negotiation of forward funding and property development finance agreements, drafting of security agreements, collateral guarantees, and complex facility arrangements
- Planning – from assessment of the site and application process through to negotiation and drafting of detailed planning agreements (including viability and affordable housing delivery) with advice on divergences between England and Wales in statute and policy
- Insolvency and effect on ownership of property – protecting tenanted properties
Languages
French.
Lawyer Rankings
Wales > Real estate > Commercial property
(Leading partners)The ‘committed, flexible and very knowledgeable’ team at Acuity Law provides ‘commercially-sensitive and business-focused’ advice to stakeholders on development, leasing and regeneration matters in Wales and England. Cornerstone developer client Rightacres continues to inform a significant volume of the Wales-based deal flow, with many of the partners in the group involved in past or current projects for the client. Team head Gareth Baker has been at the forefront of this longstanding relationship and has been the lead lawyer for the developer in relation to its high-profile Central Square regeneration scheme for almost a decade, as well as in other key projects within the capital. Damien Cann has also been very active for Rightacres on the funding front, as well as offering niche experience within the healthcare sector. Appreciated for his ‘commercially-focused, clear and timely’ advice, which encompasses real estate and planning expertise, Steve Morris has a leading reputation among developers, investors and lenders on the development of commercial and residential schemes in Wales and England. Ben Honour is also recommended, as is recently promoted partner Liz Gibbons, who has ‘extensive in-depth knowledge’, particularly as it relates to social housing-related work.
Wales > Real estate > Planning and environment
(Leading partners)Emphasising ‘a holistic, forward-thinking and team-oriented approach’ which combines real estate and planning expertise, the ‘highly skilled’ team at Acuity Law provides a one-stop-shop service to stakeholders seeking to complete on large-scale developments in the most efficient manner. The ‘exceptional’ Steve Morris has strong ties with a plethora of leading developers, public sector entities and financiers, and is conversant across a range of planning matters as part of his broad-based real estate skill set. Bristol-based consultant James Ryan is ‘approachable and knowledgeable’ and regularly aids clients in gaining Secretary of State consent for works, as well as advising on contentious matters.
Lawyer Rankings
- Leading partners Wales > Real estate > Commercial property
- Leading partners Wales > Real estate > Planning and environment
- Commercial property Wales > Real estate
- Planning and environment Wales > Real estate
Top Tier Firm Rankings
- Dispute resolution > Commercial litigation
- Corporate and commercial
- TMT (technology, media and telecoms) > IT and telecoms
Firm Rankings
- Finance > Banking and finance
- Real estate > Commercial property
- Real estate > Construction
- Employment > Employment
- TMT (technology, media and telecoms) > Intellectual property
- TMT (technology, media and telecoms) > Media and entertainment
- Real estate > Planning and environment
- Real estate > Property litigation
- Real estate > Social housing