Penny Cranston

Expertise

Penny has dealt with all aspects of commercial real estate during her career, having started with receivership sales and management work, moving into landlord and tenant and the last 15 years has been spent on development work, with 12 of those years focusing largely on student accommodation with a cradle to the grave approach.

Penny is involved in site acquisition, often conditional on planning, planning agreements and infrastructure agreements, forward funded development agreements and disposals, and University nomination agreements.

Penny Advises

• Gilltown Limited
• Watkin Jones & Son Limited
• Carlton North Wales Limited

Experience Highlights

• The purchase and forward funded developments for Gilltown Limited of student schemes in Newcastle, Durham, Bournemouth, Coventry and Chichester.
• The site assembly for a Watkin Jones student development in Coventry over a 2 to 3-year period involving a number of parties, including individuals, the public sector, and a charitable organisation. The deal was sensitive locally and threw up a myriad of tax related development issues.

Career History

Previous Law Firms

• Cameron Markby Hewitt
• DJ Freeman
• Hugh James
• Pannone
• Shoosmiths

Education

• University of Southampton
• Guildford College of Law