Real Estate | Commercial Property
Our dynamic and commercial property team has a real insight into the key issues in commercial property transactions, but this is only part of the story. Every client is different and we work with each client to understand their objectives. Our cross-disciplinary teams identify the right structures and provide the essential advice and high-quality due diligence required to achieve our clients’ objectives, minimising risk and maximising returns.
- sales and purchases
- sales and leasebacks
- portfolio management
- tax planning
Commercial property investment and development often work hand in hand, involving development of new products and refurbishing existing buildings. Our teams provide the dynamic property advice that is required as well as delivering the practical solutions to the drafting and negotiation of construction contracts and appointments, together with ancillary documentation such as warranties, bonds and guarantees.
Tax structuring is an essential element of both investment acquisitions and development, and our tax team is highly experienced in delivery of key tax solutions. With clients comprising builders, property developers, main contractors, specialist contractors, trade and professional associations, local authorities and professional consultants, we are well placed to deliver essential advice. If problems later arise, we have the capability to bring our considerable dispute-resolution experience to bear in resolving contractual and other issues.
- acting for a developer of a large, mixed-use scheme including a marina (£50m development cost)
- advising the liquidators on the sale of a multi-let investment property in central London for a consideration in excess of £100m
- advising on the disposal of a central London retail “trophy asset” by an overseas investor
Corporate occupiers of commercial real estate face a raft of pressures arising from taking, occupying and exiting premises.
Our Real Estate team, working closely with the Construction, Corporate, Planning, Tax and Disputes teams, provides a wide range of advice necessary to help our clients to take on new space, alter it, and dispose of all or part of it as and when necessary to achieve their business objectives. Our advice on planning considerations may also be a significant factor in decisions relating to expansion of an occupier's business.
Our work includes purchasing and disposing, leasing, lease renewals, lease re-gearing, alterations and portfolio restructuring, as well as corporate mergers and acquisitions, and includes advising on personal and corporate guarantees, and rent deposits as security.
- acting for a furniture retailer in the acquisition and disposal of large high street stores
- advising various retail chains in the management of their portfolios
- advising an international company on the relocation of its UK headquarters