“You’ve got to pick a pocket or two….” from the renowned musical “Oliver” resembles how some landlords used to overcharge tenants on in order to create some extra cash for themselves. The new Tenant Fees Act is in force in England as of 1 June 2019, capping the amount renters can be charged for their […]
“It ain’t quite heaven but it’s the closest I’ve been” (as sung in “Underground” from the West End musical Memphis) would be an accurate description of some of the luxury underground basement extensions seen around London’s wealthiest streets. With prime London land a scarce commodity, and restrictions on building heights, the super-wealthy are now building […]
Fladgate has advised Zouk Capital on the £30m investment into Green Hedge UK. The collaboration will facilitate the development, build and operation of nationwide battery energy storage projects. The projects will be rolled out over the next 12 months, and will primarily focus on the evolving ancillary service market. The transaction is the second Zouk […]
“Electricity” – a song written by Elton John and Lee Hall for Billy Elliot – reveals young Billy feeling “electricity, electricity, sparks inside of me, and I’m free, I’m free”. Some tenants of multi-let buildings may also feel as free as Billy, knowing they may be free to choose their own energy supplier. In 2008, […]
Recent changes have been announced to the Immigration Act 2016 (which came into effect from 1 December 2016), which have “upgraded” the failure to meet Right to Rent requirements to a criminal offence including a jail term of up to five years. Right to Rent was a scheme introduced across England on 1 February 2016. […]
Fladgate has advised on the acquisition of a shopping centre known as The Harpur Centre in Bedford for Harpur Centre Bedford Limited (a wholly owned subsidiary of a Jersey Limited Partnership) from Zurich Assurance Plc. Tellon Capital LLP was the acting asset manager on the transaction. James Burchell of Tellon Capital commented: “Daniel and his […]
Fladgate LLP advised on the sale of Kingston Heights Hotel, the final part of NHP Leisure Development’s mixed use riverside development in Kingston upon Thames, for £13.5m. There was a simultaneous sale of the management company which runs the innovative Open Loop Heat Pump System which provides heating to the development from the River Thames. Real […]
Fladgate LLP has advised BSL3 Limited on the £18.5m sale of a prominent development site in Shoreditch, London. BSL3 is part of a large offshore group of companies who primarily invest and develop within the hotel, hospitality and multi-occupational sectors in London. The site, with full planning consent for a 135 room hotel with associated […]
Fladgate LLP has advised 4C Hotel Group’s Camden Lock and Earls Court LLP on the restructuring of the ownership and debt of the Holiday Inn Express, Earls Court. The property was transferred to a new BVI company which is 60% owned in favour of Redefine International (who will continue to manage the hotel) and 40% […]
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