About

Shreena Avery is a senior associate acting for developers, funders and landowners on commercial development transactions, including sale contracts and landlord and tenant matters, with a particular focus on airspace and rooftop developments.

Shreena is a solicitor acting for a wide range of developers and landowners (both property companies and individuals) on the acquisition, sale, development and financing of commercial and mixed-use schemes. Her experience covers the office, residential, student accommodation, and retail sectors. 

She also acts for funders who are financing the acquisition and development of sites by developers, and through working together with her colleagues in the Banking, Planning, and Construction teams, she is able to provide a full and seamless service to clients.

In addition, Shreena advises clients on rooftop developments and providing advice on the best way to structure these transactions, from both a commercial and legal perspective. Rooftop schemes can be complex and there are may factors to be taken into account, such as rights of first refusal for existing flat owners. Shreena's experience in this field means she offers practical and commercial solutions to her clients on matters which are often complex and time-sensitive, and which her clients may not have already considered.

Complementing her development expertise, Shreena advises on option agreements and overage agreements.

Shreena also acts for property investors on their property requirements and on going property portfolio management as well as advising on general business occupation and landlord and tenant matters.

Recent work
  • Advising a landowner (of a block of flats comprising circa 80 units) on the grant of an airspace lease to a developer, including advice on overage provisions, negotiating an option agreement and advising on Section 5 notices (Landlord and Tenant Act 1987).
  • Acquiring a portfolio of 20 HMO properties for approximately £13m.
  • Advising a landowner/developer on the grant of a lease for use as student accommodation in a major UK city and negotiating complex lease and agreement for lease provisions with planning conditions, valued in excess of £45m. 
  • Re-financing a portfolio of five warehouse units, including the negotiation of the CLLS Certificates of Title with a total value of £10m.
  • Advising a property company on a complex title structure involving four leasehold residential blocks and commercial units.
  • Advising a lender client on complex development issues arising in relation to planning, overage and development agreements, with loan sizes ranging from £2m - £25m.
Did you know
Shreena is an avid gardener! She has successfully grown strawberries, rhubarb, Trinidad scorpion chillies (one of the hottest in the world), swiss chard and courgettes.

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