Expertise
Hemal has extensive experience of advising institutional investors, developers, occupiers and funders on investment, development and finance transactions, involving a broad range of real estate assets. He has led and advised clients on portfolio acquisitions, disposals and development work as well as advising them on landlord and tenant matters.
He has also advised clients on complex development projects involving joint ventures structures, rights to light issues, land assembly issues involving multiple stakeholders and multi-party collaboration agreements.
Clients for whom Hemal acts include HB Reavis, MiddleCap, Savills IM, Royal Mail, Leftfield Capital, University of Greenwich and Barclays Bank Plc.
Transactions Hemal has led/advised on include:
- HB Reavis, on the acquisition and redevelopment of Elizabeth House, Waterloo, which is to be redeveloped into a mixed use scheme comprising a total of circa 1.2m sq. ft. of offices, retail and public realm, anticipated to have a gross development value of £3.5 billion. Hemal has also advised HB Reavis on the acquisition, redevelopment and subsequent pre-let of 61 Southwark Street, London, to CBRE. Following the successful pre-let, the project was sold to Qatar's Alduwaliya group
- MiddleCap, on the acquisition of Seal House, Upper Thames Street, London. Hemal is currently advising MiddleCap on its proposals to redevelop the site which benefits from planning permission, for a scheme designed by Eric Parry Architects, which will see the delivery of 200,000 sq. ft. of offices, retail and restaurant space
- University of Greenwich on the development of its new school of architecture which was shortlisted for the Royal Institute of British Architects prize. Hemal also to advises the University on its entire real estate strategy including the provision of its student accommodation
- a sovereign wealth fund on its circa £1 billion non-core assets disposals programme, which involved multiple concurrent transactions with numerous parties, including portfolio sales and single assets disposed through corporate wrappers
- several major corporate occupiers including Barclays Bank Plc and Oracle on their occupier strategy and letting of key business space.
- Languages
- Hindi - fluent
- Gujarati - fluent
- Spanish - conversational
- Professional memberships
- Investment Property Forum