Sustainable lending in real estate finance

As part of the ever-so-topical environment, social and governance (ESG) agenda, sustainability is becoming a real theme for investors in, and developers of, real estate assets. Sustainability-linked loans and green loans are two of the developing trends that we are seeing in the real estate finance market. In this podcast (hosted by Emily Barry of … Read more

The new Class MA PD right – impact on landowners and developers

On 21 April, a new permitted development (PD) right came into force enabling the owners of most town centre premises to change from Use Class E (commercial, business and service) to residential use, with only limited consent required from the local planning authority. The new PD right, Class MA, will be exercisable from 1 August … Read more

Webinar: State interventions in real estate markets – overview, impacts and what’s to come

Date: Tuesday, March 02, 2021 Time: 09:30 AM Greenwich Mean Time Duration: 1 hour The real estate sector has shown sustained growth over the last ten years. The Covid-19 pandemic has impacted volumes but valuations remain high and significant amounts of capital are being allocated to the sector to take advantage of opportunities when the inevitable market adjustments … Read more

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