Lawyers

Damien Cann

Damien Cann

Acuity Law, Wales

Work Department

Real Estate

Position

Damien is a partner in the Real Estate team and is involved in both equity and debt-funded property development schemes. An established adviser on the acquisition, disposal, letting and funding of commercial properties, Damien has a long track record of advising clients in the healthcare sector, including Achieve Together, CHOICE, LifeCare and Portman Healthcare Limited.

Damien acted for Rightacres Property Co Limited, an innovative commercial property developer specialising in occupier-led property solutions for business, in connection with the former Brain’s Brewery site in Cardiff known as Central Quay. This included a transaction for the waterfront residential scheme comprising the development of Plots 1 and 2 Central Quay to create approximately 700 new residential units, from studios to three-bedroom penthouse apartments, which has now been completed by long leasehold disposal to L&G.

Damien has acted for Rightacres for several years in relation to its funding agreements, culminating in several hundred million pounds' worth of investment into the Central Square project in Cardiff.

Damien has also led on several exciting new restaurant opportunities for the Pasture restaurant group, and retail boutiques in prime central London locations for New York-headquartered beauty and cosmetic company Malin + Goetz.

With particularly strong technical legal skills, Damien brings a wealth of commercial experience and is known for his expertise in innovative funding options.

Damien has a specialism in marina and waterfront developments for clients including Associated British Ports and Boatfolk Marinas.

Damien has many years of experience in acting on social housing acquisition and development in England and Wales including pension-funded investment structures and bond issues.

Expertise:

  • Annuity-funded structures in property development
  • Acquisition and development of commercial property
  • Property-secured finance
  • Commercial projects and contracts, including long-term contracts between the private and public sectors
  • All aspects of leasehold property management

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