Real estate and infrastructure

City duo lead on £1bn sale of UBS headquarters

Clifford Chance and Herbert Smith Freehills (HSF) have led on the sale of UBS’ UK headquarters in the latest billion-pound sale of prime real estate in the City. The magic circle firm advised a subsidiary of Hong Kong-based CK Asset on the £1bn purchase of 5 Broadgate from British Land and GIC. The building was […]

City Gherkin

Addleshaws wins instruction from Chinese government on embassy move

Addleshaw Goddard has acted for the Chinese government in its acquisition of the historic Royal Mint Court from property management company Delancey. Head of real estate Leona Ahmed led for Addleshaws, representing the People’s Republic of China in securing the 5.5-acre site along the eastern verge of the City. Here, China will house its new embassy, adjacent […]

Co-op

Seven firms land roles on Co-op new restructured panel

Fieldfisher and Squire Patton Boggs have won roles on the Co-operative Group’s restructured legal panel, joining incumbent firm Allen & Overy and a line-up of reappointed firms. Addleshaw Goddard, Pinsent Masons, Hill Dickinson, Brodies and southeast firm Paris Smith, have all preserved their panel seats for a further three-year term. In the Co-op Group’s first review […]

Marek-Grodek

Hogan Lovells strikes back in Warsaw battle with Greenberg

In what is apparently developing into a see-saw struggle between two of the largest international firms in Warsaw, Hogan Lovells has swooped on key rival Greenberg Taurig to take its former Polish real estate practice leader, Marek Grodek. Grodek, a former Clifford Chance lawyer, has been with Greenberg since 2012 when he joined the firm […]

Analysis

Featured Briefings

Social housing monthly law update – June 2018

This month’s TLT’s law update on all things affecting social housing includes: Automatic disqualification rule changes: Charity Commission declarations GDPR enforcement and penalties: What you need to know Dress codes in the workplace: New government guidance Government announces it will fully fund unsafe cladding removal in social housing Viability argument for 10% affordable housing fails…

From footfall to clicks – experts talk retail risk

By Gary Assim and Sarah Teal Poundworld has entered administration, and just before that it was announced that House of Fraser would be closing 31 stores, many of which are in some of the UK’s largest cities. It is no secret that many retailers have been adversely affected by the shopping habits of consumers, ever […]

Supreme Court upholds no oral modification clause

By Catherine Williams and Peter Williams The Supreme Court has upheld the effectiveness of a “no oral modification” clause in a licence agreement, reversing the Court of Appeal’s decision. This decision will be of great interest to all organisations that enter into commercial contracts and, in the real estate market, it will be of particular […]

Contractual conflict: Overage and reasonable endeavours

Overage payments are frequently negotiated and are payable to landowners/sellers if and when certain conditions are met, usually in the context of a development deal. Typically, overage agreements arise where a landowner wishes to sell land at its current value, but also wishes to participate in any profit that may be realised at a later […]

What’s on the horizon for high-rise buildings?

By Adrian Mansbridge Following Dame Judith Hackitt’s recent Independent Review of Building Regulations and Fire Safety post-Grenfell, a talking point was the decision not to recommend an outright ban of combustible cladding (the government have, however, already indicated they will consult on doing so). Still, the proposals contained in the review represent the most far-reaching […]

Employee created rights in the field of trademarks

By Vanessa Delnaud, George Sevier, R. Nelson Godfrey, Maria Stadnik, Maria Aronikova, Jamie Rowlands, Manuela Finger, Ines Lin, Céline Bey and Clémence Lapotre This is our fourth international article featuring our trademark expert teams from across the firm in Canada, China, France, Germany, Russia, Singapore, the UK and the UAE. In this article, we will address the topic of employee-created rights or commissioned works […]

Right to rent checks

By David Asker Right to rent checks were first introduced in February 2016 meaning before a landlord rents a property, they must have carried out checks to ensure that the tenant or tenants have the right to rent in the UK. These checks must be carried out on all tenants even if they are not […]

Tenants damage to property: How to make a claim

By David Asker If your tenant has damaged your property, you should be able to use the deposit to claim back the cost of the damage. The first step you should take is to negotiate with the tenant and come to an agreed amount to be deducted for the damage. If you are unable to […]

Leasehold issues for lenders: Ground rent ‘scandal’ and unfair practices update

Walker Morris’ Sandip Singh explains the ground rent issue that has resulted in many leasehold owners feeling trapped in a home where they are forced to pay higher ground rents than anticipated; cannot afford to buy-out the freehold owner; and cannot sell the property on. Sandip also explains related unfair practices within the leasehold market, […]

New landlord notice regulations relating to Scottish secure tenancies

Walker Morris partner Rob Aberdein highlights new regulations set to alter various landlord notices relating to secure tenancies in Scotland as from 1 May 2019. New regulations altering the form of various statutory landlord notices in Scotland will come into force on 1 May 2019. By way of background, a tenancy of a house is […]

Statutory incompatibility and village greens

Walker Morris’ Town and Village Green experts Andrew Beck and Erin Keating explain a recent case in which the Court of Appeal has re-examined, and provided further clarification on, the use of the statutory incompatibility argument as tool to defeat a Town or Village Green (TVG) application. In July 2016 Walker Morris reported on the decision of Lancashire […]

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