Birmingham and London-based law firm Martineau has appointed a leading specialist in property development as part of the continuing expansion of its real estate services.
John Booth joins Martineau as a consultant from Clarke Willmott, bringing with him over 30 years’ experience in the commercial property sector.
Having qualified as a solicitor in 1978, Mr Booth’s professional career has spanned a broad spectrum of property law, covering retail development, planning and secured lending, amongst other areas. Mr Booth will play a key role in Martineau’s activity within the development sector.
Head of the firm’s property team, partner John Rice, said: “John’s experience is a good strategic fit with the team and his developer expertise will be particularly complementary to our current skill set.
“He will continue to focus on the development market, heightening Martineau’s client following in this field and strengthening the firm’s real estate capability still further.”
“He will provide specialist expertise in attracting new clients and advising on a range of complex projects, building on the success of our substantial real estate expertise across the board.”
Mr Booth will join a team of just under 50 people and has already introduced several schemes now in their early stages.
Martineau’s real estate group has completed deals worth £1.5 billion over the past year, benefiting from a cross-disciplinary approach which sees it co-ordinating the expertise of its lawyers across the group and maximising resources.
For example, Martineau’s real estate group recently advised Bournville College in connection with its relocation to Longbridge - a joint venture with St Modwen. It is also working with the University of Worcester to create a brand new campus in a regeneration project anticipated to be in excess of £60 million.
According to partner Martin Edwards who heads up the real estate initiative at Martineau, this approach is particularly beneficial in the current climate:
“Delivering solutions with multi-disciplinary transactions is advantageous because clients benefit from cohesive advice drawing on specialist expertise from experienced lawyers across our real estate group.
“Although the so-called credit crunch cannot be ignored, it is important to remain focused and look at the long-term rather than the short. A tailored approach ensures that we are well placed to offer clients commercial solutions in what may be more challenging circumstances."
Mr Booth, who lives in Edgbaston, has previously spent eight years in Hong Kong, leading key projects, as well as being involved with aspects of establishing the new Hong Kong airport and HSBC headquarters building.