ESTATE RATIONALISATION
Examples of work undertaken by our lawyers
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Advised on estates rationalisation projects on behalf of numerous public and private sector organisations including advice on portfolio disposals, lease breaks, acquisitions of suitable premises and lease renewals.
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Advised on numerous dilapidations claims, saving one government department in excess of £1 million.
Davitt Jones Bould specialists
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Legal issues that may arise
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Estates management and reviews
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Property and land disposals
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Acquisition of property
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Advising on lease breaks, termination and surrender
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Negotiating lease renewals and rent reviews
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Deeds of variation for leases
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Licences for variation
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Wayleaves
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Advising on dilapidations claims
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Funding mechanisms
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Subletting of surplus spaces
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Central and local government together own property worth £370 billion with annual running costs of over £20 billion. Property is the second highest administrative cost within government and is a key source of efficiency savings. 40% of the UK’s annual construction costs fall to the public sector.
NEWS FROM PUBLIC SECTOR EXECUTIVE