Mark Payne specialises in commercial real estate transactions including investment, development and lettings.
Mark is experienced in working for sovereign wealth funds and other investors and developers, advising on international projects including the creation of real estate funds, acquisition of real estate in multiple jurisdictions and co-ordinating a programme of investments across Europe for an institutional investor. Mark's domestic real estate projects include headquarters lettings, major development acquisitions and disposals, investments and joint ventures. European Head of Sovereign Wealth Funds and a member of the Firm's core China Group.
- Battersea Power Station Development Company Limited on the redevelopment of the 39 acre Battersea Power Station site, including negotiating against Transport for London to secure the Northern line underground extension from Kennington to Battersea
- China Construction Bank (London) Limited, a subsidiary of one of China’s and indeed the world’s largest banking groups, on its acquisition of a new headquarters at 111 Old Broad Street, EC2
- Employees Provident Fund of Malaysia on the formation of a joint venture with Permodalan Nasional Berhad, which has forward purchased and will fund the £1.6 billion development of Phase 2 of the landmark Battersea Power Station redevelopment in London
- Qatari Diar and CPC Group on the purchase of the Chelsea Barracks site in London for £959 million and related GBP£2.5 billion Islamic financing – the highest value land purchase in UK history
News and client work
Career and qualifications
- Oriel College, Oxford (LLB) 1984
- Admitted as a solicitor in England & Wales 1987
- Partner, Linklaters (Executive Partner 2000-2) 1995
- Joined Clifford Chance as a Partner 2005
- Member of the Policy Committee of the British Property Federation
- Member of the Investment Property Forum
- Member of the British Council for Offices
- Member of the City of London Law Society
- Member of the Oriel College, Oxford, Law Society Committee
- Fellow of the RICS (Royal Institute of Chartered Surveyors)
- Chair of Clifford Chance Art Committee
- Trustee of Southbank Sinfonia
- Founder of Opera Settecento
Awards and citations
- A leading individual in Legal 500 UK for Commercial Property: development in 2020
- A leading individual in Legal 500 UK for Commercial Property: investment in 2020
- "Extremely responsive and professional - especially Mark Payne."
Legal 500 UK 2020
- "The standout partner is Mark Payne together with associate, Rob Donnell. Mark is pragmatic, commercial and technical, all at the same time, an excellent combination."
Legal 500 UK 2020
- "Mark Payne has been involved in major development projects in the logistics and office sectors, and continues to advise Battersea Power Station Land Company on its eight-phase, 39-acre redevelopment project of the Battersea Power Station."
Legal 500 UK 2019
- "Mark Payne, who is a ‘seasoned, calm and pragmatic adviser on large deals’."
Legal 500 UK 2017
- "Payne and ‘industrious’ senior associate Ian Painter acted for a high-net-worth individual and restaurateur on the acquisition of 74 Charlotte Street, to include a newly developed restaurant unit."
Legal 500 UK 2017
- "Mark Payne has ‘a rare mix of technical excellence and commercial acumen’."
Legal 500 UK 2016
- "Mark Payne enjoys a strong reputation for his funds work, and recently acted on the £150 million Heart of Slough regeneration project."
Chambers and Partners UK 2011
- “Mark Payne is noted for his "clarity of mind and attention to detail, in addition to a very high level of expertise in relation to complex real estate transactions.”
Chambers & Partners UK 2010
- “Mark Payne is 'an extremely strong technical lawyer who is also excellent at managing client relationships’. He excels at driving big deals forward with his fine negotiation and project management skills.”
Chambers & Partners UK 2009