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JMW’s announces senior promotion following record year for Real Estate Commercial
JMW Solicitors has promoted Majid Mahmood to the board as equity partner and to Joint Head of Real Estate Commercial alongside Thomas Pearson.
The news follows another record year for JMW’s Real Estate Commercial team, which, now standing at 50, is one of the largest specialist teams in the region. The 21/22 financial year saw deals totaling more than £1bn - and with a 22% increase in turnover on the previous year - acting for the likes of CityFibre, Blackacre, Northold Group, Grafton Land and Property, Investar Developments and HSPG.
Social housing has proven a particularly strong specialist sector for the firm, with the team supporting clients on the delivery of over 3,500 new homes with a total deal value topping £100m.
On the back of its considerable growth, the 21/22 financial year also saw several new hires, including Partner David Frankland and Senior Associates, Will Garnett and Khilen Mehta. Several further appointments will be announced in the coming weeks and the firm continues to recruit at all levels.
Majid joined JMW as Partner in December 2015 following roles with Persimmon plc and several law firms. He benefits from specialist expertise in a number of areas, including landlord and tenant, commercial and residential development and the acquisition and disposal of commercial real estate.
He acts for a diverse range of clients, including banks, building societies and specialist lenders, registered providers, developers and wholesalers; notably LWC Drinks Limited which recently achieved a turnover of half a billion pounds.
Partner Thomas Pearson said: “We have had a record financial year in Real Estate Commercial, continuing to support long-standing clients across the UK, while welcoming a host of exciting new ones. We anticipate an equally busy period ahead, so it’s fantastic to have Majid as joint head of department as we focus on providing clients with the very best advice, expertise and support."
Majid commented: “I joined JMW seven years ago, during which time the Real Estate Commercial team has continued to go from strength to strength - it is now one of the UK’s largest specialist real estate teams and I look forward to working alongside Thomas and the other partners to secure its continued growth.”
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