On the face of it, real estate is one of the sectors worst affected by the economic downturn.
But the difficulties of the market have inevitably brought new opportunities and challenges for real estate lawyers as they stick by their clients.
The first article in this Real Estate special report looks at how retail and industrial businesses that are facing reduced income as a result of a drop in their sectors are being further hit by the problem of empty rates.
New rules introduced on 1 April on the offices, shops and warehouses they own are increasing their overheads. One lawyer makes the case for clarification, and calls for lobbying against the regulations.
The second article looks at how Government plans to launch a host of eco-towns have been dogged by campaigners’ claims of inadequate public consultation and greenwashing. A series of judicial proceedings have ensued, leaving eco-town promoters in a state of limbo as they seek to champion an increasingly unpopular initiative.
The third and final article gives property lawyers advice on how to keep their heads when all about them are losing theirs.
Click the underlined articles above to read them.