David Waterfield

• T  +44 (0)20 7090 5388 (Direct line)
• E  david.waterfield@slaughterandmay.com

• London 
• One Bunhill Row, London, EC1Y 8YY

David has a broad commercial real estate practice incorporating property development, the acquisition and disposal of investment property portfolios, the negotiation of commercial leases for both landlords and tenants, sale and leaseback transactions and structured financing. He has a wide range of experience in the area of flotations and public offerings and has been involved in the property aspects of a number of high profile corporate mergers and acquisitions.

His recent work includes advising:

• Global Infrastructure Partners on its agreement with BAA Airports Limited to acquire London Gatwick Airport
  
• Unilever on the acquisition of Worldwide Body Care and European Detergents businesses of Sara Lee Corporation
  
• Whitbread PLC on the disposal of the David Lloyd health club business to Versailles Bidco, a vehicle controlled by London & Regional Holdings and Bank of Scotland, for £925 million, and on the disposal of 239 freestanding pub restaurants to Mitchells & Butlers plc for £497 million
• Marks and Spencer on its contributions of £900 million of value to its UK defined benefit pension scheme via an interest in a property-backed partnership
• Punch Taverns in relation to a number of acquisitions, disposals and refinancings