High streets or housing? Time to decide

On 3 December 2020, MHCLG published a consultation proposing “measures to support housing delivery, economic recovery, and public service infrastructure”. The proposals have potentially very significant impacts. The government has demonstrated that it is prepared to move quickly following such consultations, frequently adopting measures consulted upon with little further consultation or notice. It is therefore … Read more

Repurposing real estate assets – Five things to think about

Repurposing real estate assets, in particular retail assets, is expected to be a key trend in the coming months and years. In this article we look at five of the key tax considerations to think about when considering repurposing buildings. 1. What rate of SDLT will you pay on acquisition? If you need to acquire … Read more

Real Estate Guide to IP

As posted earlier this month on the Herbert Smith Freehills IP Group blog (see here), the Herbert Smith Freehills IP and Real Estate teams have produced a quick guide to the intellectual property issues that can arise in relation to real estate. Read our Quick Guide to Intellectual Property Rights relating to Real Estate transactions … Read more

Sale and Leasebacks – Why So Popular?

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

Co-living in Europe

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

Real Estate. Reconsidered

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

Investing in Greater Paris

“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

Residential Leasehold up for grabs – change is coming, get ready!

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