OFFICES - INVESTORS

Examples of work undertaken by our lawyers

Dealt with all aspects of landlord asset management work on behalf of offshore unit trusts and property investment funds with over a hundred commercial office buildings and industrial estates located across England and Wales.
Negotiated high value office lettings, lease renewals and re-gears, landlord management licences, lease variations and surrenders on behalf of off-shore unit trusts and property investment funds.
Advised on the acquisition of a £600m portfolio of office properties.
Advised on the surrender and re-grant of a lease for a large office premises.
Drafted and negotiated a suite of construction contracts for the construction of office blocks in the City of London (£200m construction costs).

Davitt Jones Bould specialists

Legal issues that may arise

Acquisition of suitable office premises
Disposal of office premises to investors
Clawback and overage
Negotiating and drafting commercial leases and subleases to office users
Rent reviews and lease renewals
Lease termination, surrender and break notices
Enforcing tenant's covenant to repair
Dilapidation litigation
Estate rationalisation advice to maximise financial returns
Financing the acquisition through investment vehicles
Joint venture partnerships

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£195 billion, or 29%, of UK commercial property value is comprised of offices. With low vacancy rates, competition for London office space is fierce, with companies often securing office space in the latest developments before building work has even begun.

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