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Hill Dickinson advises Qualis Residential Developments Limited on £20 million regeneration scheme in Sheffield

11 May 2018

Leading international law firm Hill Dickinson has advised property developer Qualis Residential Developments Limited on a significant new residential-led development in Sheffield. The firm advised on the acquisition of the land at Chatham Street and secured the development finance facility for the Great Central project.

Qualis is based in Manchester, with a focus on designing and building residential property schemes in northern cities. Qualis is a strategic partner of Knight Knox, a Manchester based property developer and consultancy with a focus on city centre residential property markets. Great Central is Qualis Residential Developments’ first project.

The nine-storey residential scheme comprises 131 apartments – with a gross development value in the region of £20 million. It is considered to be one of the biggest residential housing schemes in Sheffield – rejuvenating the area and generating employment opportunities for the local community. 

Darren Hamer, partner in the Manchester property team at Hill Dickinson led the project, supported by Alasdair Mackinnon, partner in the banking practice, corporate associate James Down and trainee solicitor Olivia Jones.

Darren Hamer, partner at Hill Dickinson, commented:

“This is an exciting development to have been involved in as Qualis Residential Developments Limited looks to regenerate the area near the Kelham Island district of Sheffield, creating desirable new homes and employment in the local area. The project draws on Hill Dickinson’s experience of advising on some of the largest property transactions in the North West, supported by the breadth of expertise across the firm.”

Matter Type
Asset Sale: Acquiror's Counsel
Industry
Real Estate & Construction
News Category
Real Estate & Construction
M&A