We act for developers in site assembly, development and subsequent lettings and sales.
We advise on development agreements, funding agreements and pre-letting agreements. We also deal with equity sharing and issues regarding deferred consideration and overage. We deal with associated aspects such as land remediation, planning, construction and professional appointments (including warranties), rights of light and highways stopping up orders.
Our experience spans all kinds of commercial developments and also the distinctive requirements of residential developers and developers in the healthcare sector.
Some examples of recent work are:
- Acting on the renovation and pre-letting of a prestigious central London office block
- Advising a significant property owner in connection with the redevelopment of a major City of London site, including the grant of long leases, reservation of appropriate rights for neighbouring land and documenting profit shares
- Acting on the purchase development and pre-letting of several retail parks
- Acting on the disposal of land under option reserving profit shares and overage rights in the event of the option being exercised
- Advising land owners and developers in the planning process for a wide variety of commercial uses.