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Flexible lease solutions – alienation and beyond
16 May 2024Recent uncertainty in the market has led to the concept of flexibility becoming a top priority for many corporate occupiers when looking for space and negotiating terms for a new lease. With this in mind, Tom Merrick, Aimee Dring and Annabel Lindsay have produced a three-part series on alienation for EG in which they discuss what it is, why it is important for both landlords and tenants and what needs to be considered when an occupier is looking to assign or underlet their lease.
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JLL Green Lease Report 2023 – Key Takeaways
22 March 2024JLL recently published their research on Green Leasing 2.0; bridging the owner-occupier divide to deliver shared ESG value.
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Are Smart Buildings becoming trendy?
19 January 2024Before we dive into the trends surrounding Smart Buildings, we should take a step back and look at what the Smart Building market is doing, and it’s safe to say it’s growing. In fact, it’s predicted that the market for Smart Buildings is expected to grow at a compound annual growth rate (CAGR) of 26.5% from 2023 to 2030. That’s an impressive rate – as a comparison - Netflix had a compound quarterly growth rate (CQGR) of 27.5% between 2016 and 2021.
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Thinking ahead - Tenant considerations when finding new premises
11 January 2024For a corporate occupier, committing to a multi-year lease with a substantial rent as well as added service charge liability is a significant financial commitment.
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Green Building Certifications
03 January 2024In the current climate, “green” buildings are taking the market by storm. Why? Corporate occupiers are seeking light, airy, green, flexible working spaces to retain, and attract, employees. ESG goals are at the top of most businesses’ agendas and where better than the office to showcase the “E” in ESG.
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Who’s Who? - ‘Principal Accountable Person’ under Section 73 of the Building Safety Act 2022
24 November 2023Lewis Silkin recently advised on a dispute between an intermediate landlord (IL) and their management company (MC) over who the Principal Accountable Person (PAP) was under Section 73 of the Building Safety Act 2022 (BSA). By no means an easy task…
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Commitment and Collaboration - key takeaways from the Smart Building Show 2023
07 November 2023Smart tech and smart buildings are now becoming a priority for business leaders and owners, but the current climate challenges require commitment and collaboration. At the recent Smart Buildings show we learnt more on how smart buildings are part of a solution to a complex problem:
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Have we reached the bottom of the market? Jonathan Martry writes for The Sphere…
13 October 2023It’s now been a year since the ‘mini budget’ of September 2022 rapidly brought the end of the Q2/ Q3 2022’s improving market conditions.
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Sustainability and Real Estate Glossary
05 October 2023Sustainability can be a complicated topic. To help demystify it for you, we’ve put together a glossary of key terminology used when discussing sustainability and real estate.
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It’s a jungle out there: Biophilic design in the workplace
29 September 2023As the summer draws to an end and we contemplate the darker, winter months ahead cloistered within our workplaces, many might yearn for the connection with nature and the outdoors they’ve enjoyed over their holidays and sunny weekends. Biophilic office design is one way we can achieve a re-connection with nature: a design principle that places nature at its centre and focuses on bringing the outside indoors.
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Building Safety Act 2022 - Leaseholder Protections and Remediation Costs
26 September 2023The Building Safety Act 2022 (Commencement No. 5 and Transitional Provisions) Regulations 2023 were made on 11 September 2023 and brought into force, as from 1 October 2023, various sections of the Building Safety Act 2022.
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Building Safety Act 2022 – Landlord Duties
26 September 2023The Building Safety Act 2022 (Commencement No. 5 and Transitional Provisions) Regulations 2023 were made on 11 September 2023 and bring into force, as from 1 October 2023, various sections of the Building Safety Act 2022.
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Towards Net Zero in London's Bankside Yards
22 September 2023Overlooking the iconic St Paul's Cathedral and Tate Modern, Lewis Silkin hosted another fantastic ESG focused event “FutuRE Proofing the Office: Journey to Net Zero”. The event, held at the stunning new Lewis Silkin office with its panoramic 360-degree views, brought together Native Land, the Carbon Trust, Lewis Silkin, and a group of invitees from across various business sectors. The purpose? To engage in a conversation about proactive strategies for future-proofing buildings, achieving net-zero emissions, and enhancing landlord’s and tenant’s sustainability credentials.
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Spotlight on PCD Group Founder, David Bell
21 September 2023David Bell is the Founder of PCD Group, a network which promotes business development between advisors to high-net-worth clients. The network executes events in key financial hubs around the world.
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Hotels: Checking out of hotels and into homes
01 September 2023The Department for Levelling Up in conjunction with the Department for Environment, Food and Rural Affairs have published yet another consultation proposing changes to planning legislation, specifically amendments to the Town and Country Planning (General Permitted Development) (England) Order 2015 (“GPDO”).
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Hotels: Investing in branded residences
01 September 2023Branded residences have grown in popularity across the global super-prime real estate market in recent years, especially since the pandemic. Secure and convenient luxury living, managed by the most prestigious of hotel brands, has proved appealing to many high-net-worth individuals. While purchase for personal use is more common across the globe, branded residences are emerging as an attractive investment asset in certain locations, including the Middle East. In this article, we explore the concept of branded residences as an investment and consider the likely commercial and legal challenges that operators and investors alike may face in the UK market.
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Hotels: Clearing the air – green trends in the hotel industry
01 September 2023Fuelled by the climate crisis, green-minded stakeholders are applying ever-increasing pressure on hotel companies to reduce their greenhouse gas emissions. This is not surprising given that, according to the Department of Environment, Food and Rural Affairs (DEFRA), the carbon emissions generated per room per night in UK hotels are as high as 10.4 kg CO2e.
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Exit Series part 4: Navigating lease surrenders
14 August 2023Exiting an office space can have implications for your business. By being well prepared and understanding your legal position, you can get it right first time and avoid any costly delays. In the final part of this series we explore lease surrenders and the issues surrounding them.
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Exit Series part 3: The power of subletting for corporate occupiers
26 July 2023Exiting an office space can have implications for your business. By being well prepared and understanding your legal position, you can get it right first time and avoid any costly delays. In part three of this series, we discuss subletting, a flexible solution for corporate occupiers.
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Dinner, drinks and conversation – a review of our first private wealth dinner
19 July 2023We were delighted to host the first of many private wealth dinners at The Ivy City Garden on 4 July. Despite yet another train strike and less than favourable British weather, it was well attended by individuals acting for High-Net-Worth Individuals (HNWIs), investors and Family Offices.