Firm / Organisation

Tonkin Clacey

Current View:

This content is provided by Tonkin Clacey.

Directors: Petrus Jacobus Lötter (Senior Director), Caroline Jane Leppan (Senior Director), Dawid Johannes Pennington (Senior Director), Reneilwe Thato Mokone (Senior Director), Samantha Farren, Willem Jacobus Hefer, Johannes Jakobus Jacobs
Number of Directors: 7
Number of lawyers: 12
Languages: English, Afrikaans

FIRM OVERVIEW:
As one of the few specialist property law firms in Johannesburg, South Africa, Tonkin Clacey Inc. has earned a formidable reputation for integrity, professionalism and skill in their niche areas of expertise. Notwithstanding its history of almost 30 years in the property sector and a solid network of relationships forged over many years, the firm’s ability to respond with creativity and adaptability to a challenging and ever-changing environment is a keystone of its success. Grounded in established values, always responsive to its changing environment and with a modern vision for the firm’s future, this team is a uniquely diverse but complementary resource of experience, knowledge and skill, able to provide the highest level of service to clients.

MAIN AREAS OF PRACTICE:
The firm offers specialised services in the areas of commercial and property law. It practises primarily in the areas of:
■ Property Due Diligences
■ Legislative & Regulatory Advice
■ Property Development Structures
■ Agreements Relating to Property Developments & Development Structures
■ Agreements Relating to Property Finance
■ Agreements Relating to Sales, Marketing & Estate Agencies
■ Agreements Relating to Construction, Property- & Development Management
■ Town Planning & Township Establishment
■ Residential Freehold & Sectional Title Development Schemes
■ Commercial, Industrial & Retail Development Schemes
■ Residential, Commercial, Industrial & Retail Conveyancing, including:
• Registration of Townships
• Registration of Sectional Title & Share Block Schemes;
• Registration of Transfers
• Registration of Mortgage Bonds & Securities on Behalf of Absa, First National Bank, Nedbank, Standard Bank and Investec
• Re-Zoning, Consolidations & Sub-Divisions of Properties
■ Corporate Property Finance & Banking
■ Notarial Services, Including:
• Notarial Servitudes
• Notarial Leases
• Notarial Bonds
• Exclusive Use Areas & Real Rights in Sectional Title Schemes
• Ante-Nuptial Contracts
■ Deceased Estates, including Wills, Trusts & Estate Planning
■ Litigation Associated with Property Transactions

SIGNIFICANT TRANSACTIONS

■ Preferred real estate legal advisor and conveyancers to one of the leading listed sectional title developers in South Africa, Balwin Properties Limited, in respect of their developments situated within the jurisdiction of the Johannesburg and Pretoria deeds offices, consisting of approximately 14 500 units with an aggregate value in excess of R14,5 billion
■ Instructed during 2009 to attend to the registration of transfers for the listing of Fortress Income Fund, with an initial market capitalisation of R1.8 billion, making it the largest initial listing in the listed property sector at that time
■ During 2014 instructed by Capital Property Fund to attend to the registration of transfers pursuant to the conversion of Capital Property Fund from a collective investment scheme to a REIT (Capital Property Fund Limited) with an aggregate value in excess of R5 billion
■ Instructed to attend to the registration of transfer of a business park from a listed company to a multinational technology company to the value of R800 million
 ■ Listed property fund instructed itself to attend to the unbundling of a shareblock company and the transfer of the properties comprising the shareblock scheme to the respective shareholders to the value of R1,32 billion
■ Instructed by CRI -Eagle Investments Pty Ltd to attend to the registration of the second (of three) phases of its scheme known as Sandton Skye in the Sandton CBD consisting of some 150 sectional title units with an aggregate value in excess of R640 million

Key Clients:
■ The firm is on the panel following bank panels: ABSA Bank Limited (retail and commercial bonds)
• Standard Bank of South Africa Limited (retail and commercial bonds)
• Nedbank Limited (retail and commercial bonds)
• Firstrand Bank Limited (retail and commercial bonds)
• RMB Private Bank
• Nedcor Investment Bank Limited
• Investec Specialist Bank
■ Balwin Properties Limited – a JSE Listed Company
■ Renprop Proprietary Limited
■ Summercon Property Development
■ International Housing Solutions


Offices: 

24 Baker Street
Rosebank
Johannesburg
South Africa
2196