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Newby, who stepped down from the role of adjudicator earlier this year, said he expected some backlash over the news.
“I might get a bit of flack from the usual sources,” he told The Morning Advertiser (MA). “But I’ve got a lot of knowledge and experience, and I can work in the market to achieve good outcomes for landlords and tenants.”
He pointed out there was a wide range of agency and professional work in the property market that went beyond pubs code matters, and that he wasn’t setting out his stall to deal with pub codes issues.
However, he added, that he and business partner Matt Phillips would go where the work takes them.
Newby said: “If I am involved in any pubs code work, then my approach will be guided by the binding principles of the code to ensure fair outcomes.
“It’s about have a proper professional approach that results in sustainable deals – if its not sustainable, it’s not in either parties interest.”
He doesn’t think his work as PCA will create any serious conflicts in his new role, but said if he got involved in something that crossed with his role as adjudicator he would declare an interest and not get involved.
“I don’t think the PCA role should be a barrier, I prefer to see it as another string to my bow that helps me see the market better and get good results for those involved.”
Newby said his work with Matthew Phillips would see them focus on a range of areas from corporate pub property, acquisitions, sales and letters and group transactions and advice to name a few.
“In a sector that continues to evolve and given recent events, we see an opportunity to build on my existing business in the pubs market," Matt Phillips said. "We will be providing a highly experienced, personal and responsive service that is tailored to our clients' needs. Paul and I began our careers working in the same licensed property team in private practice so it is great for us to be reunited in this new venture.”
Newby added: "I am absolutely delighted to be joining forces with Matt, who is highly respected for his work in the pubs sector. Between us we have an incredible amount of experience in all aspects of the pubs market and we aim to provide first class niche advice to our clients both at site level and in the board room.”