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As businesses start to work out how to repair the economic damage caused by lockdown many are looking at ways to release capital from their balance sheets as an alternative to traditional financing routes. One option open to owner occupiers of real estate assets is a sale and leaseback, where an asset is sold (for … Read more
In an article for Real Estate. Reconsidered, we looked at market and legal issues affecting co-living in the UK (for the article see here). In “Co-living – market and legal issues for co-living projects in Europe” we look at co-living further afield, in France, Germany and Spain as well as the UK. To recap, what … Read more
Yesterday the HSF Real Estate team launched Real Estate. Reconsidered, a collection of our thoughts on some of the key issues that are impacting the real estate sector and our opinions on what the future may hold for the real estate market and its legal landscape. To read Real Estate. Reconsidered click here. Please contact us … Read more
“Grand Paris” is a major investment opportunity for real estate players. We are pleased to share with you a webinar by our Paris office, which presents the main characteristics of investments in Greater Paris. A legal perspective is presented by Anne Petitjean, a partner in the Real Estate practice at Herbert Smith Freehills, Paris, who … Read more
The report of the Parliamentary committee on residential leasehold reform has been published containing strong recommendations, many of them radical, and some where it is not at all clear how they could work in practice. Nevertheless, this is likely to be the future and a good commercial conclusion may be to assume that this will … Read more
Over the last 18 months, Herbert Smith Freehills has been working with the Commercial Real Estate Finance Council (the CREFC), a trade body for real estate debt lenders and investors in Europe, to help produce the new edition of CREFC’s due diligence guide for lenders against UK commercial real estate. The CREFC Due Diligence (DD) … Read more
The SRA Code of Conduct 2011 forms part of the Solicitors Regulation Authority Handbook. The Code is to be adhered to by all lawyers – both in-house and in private practice. Sometimes it’s good to have a timely reminder of aspects of the Code which you don’t necessarily come across that often. Of particular interest … Read more
Kate Wilson and Lucy Morton, lawyers in the Real Estate and Planning teams at HSF, provide a summary of the importance of marking documents with the words ‘subject to contract’ when entering a real estate transaction or joint venture arrangement, as discussed in the recent Court of Appeal case of Generator Developments v Lidl UK … Read more
At the end of July, hard on the heels of the Housing White Paper published in February, DCLG issued a Consultation Paper on “Tackling unfair practices in the leasehold market”. If you wish to make your voice heard prompt action is needed – the period for responses expires on 19 September. The main points which … Read more
