Sam Dighton acts for a number of the UK’s leading housing associations and national house builders and other private development companies and advises on all aspects of property development work including site assembly and acquisition, development agreements, infrastructure agreements, joint-venture agreements, planning including Section 106 agreements and nominations agreements.
His focus on large-scale regeneration projects has involved advising housing associations on joint-venture arrangements for land acquisitions and disposals, and keyworker schemes. He also regularly works for house-builders on complex development projects including acquisition, development (refurbishment and new build), overage and option provisions and conditional contracts.
Dighton also has a practice specialising in acting for management companies in setting up and drafting management documentation for development sites including lease structuring and in acting for investment companies in the acquisition of freehold reversions.
- Advised on acquisition of development sites and Section 106 dwellings for several RSLs including a recent £100m scheme in Elephant and Castle
- Advised on pre-bid documentation for a major town centre regeneration project in the Thames Gateway
- Advising on a £400m town centre and shopping complex regeneration project in east London to provide commercial and residential units
- Acquisitions of large portfolios of freehold reversions for the UK’s top portfolio management companies
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This decision represents a welcome return to the ‘pay for what you use’ principle and strikes a fairer balance between different creditor and expense groups.
Winckworth Sherwood has provided a summary of the Trusts (Capital and Income) Act 2013.