Why do developers impose a management structure?
When any property developer creates a new development the developer and designers are creating their new dream for that location. I am sure this is why many architects become developers as they can use their skills to create a new persona for a location. Developments in many ways are all about selling the dream, this…
Read MoreRefurbishment is dominating the London office sector, according to the Deloitte London Crane Survey
The Deloitte London Crane Survey has once again revealed that commercial property developers are showing a propensity to renovate existing offices instead of constructing new ones as they seek to meet occupier demand for eco-friendly buildings whilst navigating the slow planning system and tightening green legislation. The latest issue of the bi-annual survey has highlighted…
Read MoreThe emotional cost of bad property transactions
Developers, please remember there is an emotional cost as well as a financial cost to bad property transactions. I sat down recently for coffee with a developer, and it struck me that, in addition to the financial cost, there is a high emotional cost to a badly run property transaction. In this case the developer…
Read MoreRemoving an unwanted horse from private or public land
When the Control of Horses Act 2015 (the Act) was enacted, it was estimated that there were up to 3000 horses unlawfully grazing on land not owned by their owners. Whilst some of these horses had simply been abandoned, others were involved in ‘fly-grazing’, a term used for grazing horses on private or public lands.…
Read MoreWhy Developers need to take Tree Preservation Orders seriously
The importance the law places on upholding Tree Preservation Orders (TPO) should never be underestimated, as North Northampton Council and developers Stanton Cross LLP found to their detriment recently, when the High Court found that 16 ancient lime trees had been unlawfully felled to prepare for the expansion of an access road. Despite a Tree…
Read MoreUnderstanding when you have security of tenure is not always an easy task
Security of tenure for a commercial business tenant brings with it a lot of additional rights, so understanding when a tenant has security of tenure is important but cannot always be established just by looking at a situation head on. Sometime a little deeper digging is required. Recently we had a situation where a tenant…
Read MoreIs a developer’s optimism a problem for lenders?
It was a pleasure to host our first roundtable of the year with MDA Consulting on Thursday 11 April 2024. It was another successful breakfast discussion at the Ivy City Garden where we explored strategies for completing developments on time and on budget. Our guests included debt advisers, funders, residential & commercial developers, project monitors,…
Read MoreCommercial Property Predictions 2024 – Part Two
In the first part of this article we looked at some predictions relating to the commercial property market in 2024, covering areas such as office spaces, residential property and the retail sector. We also provided a brief précis of the wider economic outlook at the beginning of 2024, as extrapolating from the second half of…
Read MoreCommercial Property Predictions 2024 – Part One
It’s always going to be tricky to make forecasts about something as wide-ranging, varied and dynamic as the commercial property sector in the UK, but in this, the first of two articles, we’ve rounded-up some of the key real estate predictions for 2024, as set out by a range of respected and authoritative voices such…
Read MoreThe difference between a licence agreement and a lease – and why it pays to make sure
If you occupy a commercial property or rent one out to a tenant then it’s vital that you understand the principles underpinning the agreement between the two parties, and in particular whether this agreement takes the form of a lease or a licence. The two forms of commercial rental agreement have many similarities but differ,…
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