Property partnership deal

Smith Partnership has announced one of the biggest deals in its history with Nightingale Quarter developers, Wavensmere Homes.

Smith Partnership has been selected as a preferred legal partner in the sale of new homes on the prestigious Nightingale Quarter development, where 800 homes are to be built on the site of the former Derby Royal Infirmary with a value of £150m.

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Work is anticipated to begin on the site in November with properties released for sale in January with first completions in early summer next year.

The new deal between Wavensmere and Smith Partnership will mean that legal work on sales should go through in just 28 days.

Wavensmere’s sales director Donna Smith said: “It would have been easy to bring in Birmingham-based partners but we are trying to work with as many local businesses as possible and Smith Partnership is a great fit.”

Smith Partnership managing partner, Kevin McGrath, said: “We are thrilled with this deal. When we decided to stay in the city centre with our new headquarters on Friar Gate, we were attempting to inspire other people to follow suit. So, helping people move into the Nightingale Quarter is entirely consistent with what we have been trying to do in supporting Derby city centre in being a 24-hr destination of choice for people to live, work and enjoy.

“It is one of the deals we are most proud of because of what it means for the city.”

Already 400 people have registered interest in the site in a month, attracted by the proximity to the railway station, intu’s shopping centre and the other fantastic facilities Derby has to offer.

In accordance with the law, Smith Partnership will be one of two legal partners for the site.