No matter where you are based in the world, people need homes. The lack of quality housing supply is perennially a hot topic across the globe.
Clyde & Co’s experts in the Living sector can advise you on all aspects of a transaction from the original site acquisition, your initial investment, joint venture or other tax structuring arrangements, guide you throughout the planning process, your development, leasing, operational arrangements or ultimate exit strategy. Given the strength and depth of our experience advising stakeholders on all sides from the public and private sector, we pride ourselves that whatever the issue, there are very few challenges that we have not successfully navigated before.
Unlike many of our competitors, we view all stages of the transaction to be as of much importance to us as they are to our clients. For that reason, our teams are partner led and we provide an integrated service across all practice groups, whether that be real estate, planning, construction, environmental, tax, corporate or any of our other teams. In addition, we have a specialist team who can advise on unit disposals by our colleagues that are embedded within our deal team.
Acting for an overseas investor on the acquisition and asset management of their entire commercial property portfolio across England, Wales & Scotland. Most recently, we advised on the acquisition and simultaneous refinance of two portfolios for £43m – totalling 23 multi let industrial and out of town retail estates with a combined value of over £130m.
Acting for Barwood Capital on the acquisition and preparation for development of Firth Way, Nottingham, a key site located within two miles of the M1 on the Blenheim Industrial Estate for the proposed development of a single 370,000 sq ft industrial unit.
Acting for Bolsover Land Limited (a JV between Almcor and St Francis Group) on the acquisition of a former chemical plant in Bolsover, Derbyshire to regenerate and develop the site as for logistics warehousing of over 1.4m sq. ft. Covering all aspects of the project including JV documentation, acquisition and development work.
Acting for a data centre client on the acquisition of various sites for development (on both freehold and leasehold terms) as new data centres and customer lettings and service agreements at existing sites, including advice and negotiations around BREEAM, development covenants, connectivity and surrounding easements for fibre and power.
Acting for an international data centre client on the conditional acquisition of a new development site as the anchor tenant of a new rural business park, including advice on planning, procurement and power agreements for new power connections.
Acting on the creation of a JV between Greenergy and Almcor for the Thames Enterprise Park (TEP), Stanford le Hope, to acquire a 50% shareholding in the TEP business from Greenery and on various aspects of the project, including the disposal of non-essential land holdings and a development.
We are currently promoting the IERRT NSIP. This DCO application seeks consent for the construction and operation for Stena Line of a new three berth Ro-Ro facility in the Port of Immingham. The Examination closed this January and we continue to advise in respect of post-Examination matters pending a decision.
Acting for MSF Filton (a JV between Marcol and St Francis Group) on the development of the Horizon38 business park in Bristol since inception. Including the principal JV documentation, acquisition, pre-lets, refinancing, forward funding of a new global technology centre, forward sale of plots for a hotel and second-hand car showroom and construction of a light industrial facility.
Acting for Barwood Capital on the acquisition and preparation for development of Firth Way, Nottingham, a key site located within two miles of the M1 on the Blenheim Industrial Estate for the proposed development of a single 370,000 sq ft industrial unit.
We are currently promoting the IERRT NSIP. This DCO application seeks consent for the construction and operation for Stena Line of a new three berth Ro-Ro facility in the Port of Immingham. The Examination closed this January and we continue to advise in respect of post-Examination matters pending a decision.
Acting on the creation of a JV between Greenergy and Almcor for the Thames Enterprise Park (TEP), Stanford le Hope, to acquire a 50% shareholding in the TEP business from Greenery and on various aspects of the project, including the disposal of non-essential land holdings and a development.
Acting for Bolsover Land Limited (a JV between Almcor and St Francis Group) on the acquisition of a former chemical plant in Bolsover, Derbyshire to regenerate and develop the site as for logistics warehousing of over 1.4m sq. ft. Covering all aspects of the project including JV documentation, acquisition and development work.
Acting for MSF Filton (a JV between Marcol and St Francis Group) on the development of the Horizon38 business park in Bristol since inception. Including the principal JV documentation, acquisition, pre-lets, refinancing, forward funding of a new global technology centre, forward sale of plots for a hotel and second-hand car showroom and construction of a light industrial facility.
Acting for an international data centre client on the conditional acquisition of a new development site as the anchor tenant of a new rural business park, including advice on planning, procurement and power agreements for new power connections.
Acting for a data centre client on the acquisition of various sites for development (on both freehold and leasehold terms) as new data centres and customer lettings and service agreements at existing sites, including advice and negotiations around BREEAM, development covenants, connectivity and surrounding easements for fibre and power.
Acting for an overseas investor on the acquisition and asset management of their entire commercial property portfolio across England, Wales & Scotland. Most recently, we advised on the acquisition and simultaneous refinance of two portfolios for £43m – totalling 23 multi let industrial and out of town retail estates with a combined value of over £130m.
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In a turbulent world PBSA development and investment markets have continued to provide developers with opportunity and institutions with secure income flows from a structurally undersupplied asset class. There is no let up and our experts have over 15 years of experience operating in the market throughout this massive growth period. Indeed, our experts have been at the cutting edge from its nascent days and have helped shaped the growth of the asset class into what it is today, having been involved in some of the asset class’s most significant and milestone transactions throughout that period.
Our experts have experience of acting for investors (both national and international), developers, funders and operators in the PBSA sector, including the advising on structuring, entry and exit strategies and operational arrangements. Our global network, especially through Asia, works closely together to ensure that the most up to date market and industry knowledge is shared to ensure that we work collaboratively with all stakeholders to deliver a successful result for our clients.
Our experts regularly speak at industry events, advise other professional service firms operating within the sector, author thought leadership pieces and understand the importance of widening every stakeholder’s network within the sector.
The build to rent sector has become an important and growing sector of the real estate market. With an increasing number of private renters — the provision of modern professionally run high quality homes purpose built to rent has become more important than ever. With a client base which has been at the forefront of developing this market, our partner led team has extensive experience. Whether single or multifamily, direct development, forward funding or the acquisition of stabilised assets, we have broad experience and an extensive deal sheet. We act for landowners, developers, funders and operators and we take pride in our creative and responsive approach to working with clients. Through this experience we have gained extensive local and international market knowledge and combined with our proven technical excellence means we offer a best in class service.
The failure to adapt to the needs of an aging population is not just a national, but a global challenge. Across the world in most developed nations, homebuilding aspirations have lagged behind government targets, but none more so than in the later living sector.
Provision of affordable, high calibre homes for those in later life is critical to both quality of life for residents but also in reducing reliance on public and private sector healthcare. Investment, development, financing and operation of these assets is an increasingly attractive investment both from an ESG and on a positive return on investment basis.
Our experts have experience of acting for investors (both national and international), developers, funders and operators in the later living sector, including in advising on structuring, regulatory and operational arrangements. Our global network works closely together to ensure that the most up to date market and industry knowledge is shared to ensure that we work collaboratively with all stakeholders to deliver a successful result for our clients.
Our experts regularly speak at industry events, author thought leadership articles in the sector and specialise in advising new entrants to the market.
The ideal of homeownership remains a key cornerstone of the property market in England and Wales. Our team has the expertise and experience to deliver a high-quality service to our developer clients who acquire land and buildings to develop homes for open market sale, whether these projects comprise small-scale, high-quality housing, larger housing developments, or residential and mixed-use apartment blocks, in new or refurbished buildings.
Our “full life” cycle approach has been designed to meet our clients’ requirements: the same team deals with the acquisition, funding and sales of new build homes, together with the sale and letting of commercial and amenity space in mixed use developments.
Operating from our locations in Manchester and Guildford, our dedicated plot sales lawyers are a key part of our holistic development team. They advise on the sale of new build homes, both locally and nationally, including high profile, city centre apartment-led schemes.
We are experienced in advising on management structures and service charge regimes, including multi-tenure residential developments. We can also help to overcome the pitfalls associated with the changing legal landscape affecting new build housing and the legislative requirements which our clients need to navigate, whether they are selling, letting or managing residential and commercial space created in developments containing open market housing.
We have an experienced strategic land team who can advise on planning, land acquisitions, option agreements, promotion and collaboration agreements, overages, plot sales and the setting up of estate management companies and estate service charge schemes. We take pride in our ability to simplify complex developments and structure them so that all stakeholder interests are met. We can help landowners unlock development value from their land and help developers navigate the ups and downs of bringing a site forward for development, utilising, for example, our long-standing experience in the sale and purchase of brownfield land and in protecting sellers and buyers from the potential pitfalls associated with its development for residential purposes. We can draw on our extensive experience to recommend quick solutions and we have the technical expertise to structure the most complex developments and partnerships.
The provision of high quality affordable housing has never been more important in order to promote economic growth and social cohesion. It has now become an integral part of the successful delivery of many mixed use schemes. Furthermore, social and affordable housing has the potential to fulfil a key element of the ESG agenda for many investors.
Our team has experience on advising on all sides of transactions, whether that be assisting the local authority or housing association or the private sector body or funder looking to partner with them through a formal joint venture arrangement or alternative strategic partnership or acquisition structures. We collaborate with both longstanding partners and new entrants to the market to guide them through and successfully deliver affordable housing projects, and tenure-blind open market and affordable schemes, balancing the needs of both the public and private sector whilst working within regulatory constraints.