Increase in land values: is it too early to benefit from the impact of Crossrail 2? Now it has been given the green light, have house prices along the proposed line of Crossrail 2 started to increase, and where will the smart money buy? Crossrail 2 would spur the regeneration of under-developed areas, such as […]
Fladgate LLP has advised the investors on the refinancing of the luxury development at 37-38 Golden Square, London W1. The refinancing involved £54.7m of new funding from Apollo. The property, set in an iconic prime West End location, is a development of luxury apartments standing over two retail units and a flagship restaurant unit. Stephen […]
Fladgate has advised Harbor Group International (HGI) on the £48m acquisition and financing of 6-8 Bouverie Street, London EC4Y 8AX. The team acted on the £31.2m facility with Helaba from Tudor Court Limited. Fladgate’s real estate and finance teams worked closely together to manage the loan facility from Helaba. HGI is a leading global real […]
Summary The owner of a shop claimed rights to park on an adjoining car park on the basis that it had acquired rights to do so over a period of 20 years’ use. As the car park owner had maintained clearly visible private car park signs, these were indicative of its continuing objection to unauthorised […]
Fladgate LLP is delighted to have achieved across the board rankings in the recently launched 2017 edition of the Legal 500 Guide to the UK Legal Profession. The firm achieved 26 rankings, with 59 lawyers attaining 91 individual recommendations. Commercial contracts Fladgate LLP enhanced its commercial contracts offering with the recruitment of James Earl, an expert in the […]
Fladgate has acted for long standing client Blakes Property Holdings Limited and Blakes Management Limited in relation to the refinancing by HSBC of Blakes London, a boutique hotel in Kensington. The refinance replaced the existing facilities provided by Santander. Blakes London is the creation of famed British designer Anouska Hempel and was one of the first […]
Fladgate has acted for the UK arm of Spanish company Viandas de Salamanca on its expansion into the UK market. Primarily a wine maker, the company also produces its own olive oils, cheeses and cured meats. It is now embarking on a European roll-out of city centre units which will combine retail shops with delicatessen […]
Overview The Court of Appeal upheld an injunction against a developer sought by a neighbour whose right to light had been infringed by an external staircase which the developer had erected in breach of an undertaking it had given to the neighbour. The Court dismissed the developer’s appeal and held that, in the circumstances, the […]
Fladgate has acted for a borrower group of companies who were collectively advised by Ziser Group in connection with a loan facility from Lloyds Bank for £45m. The security involved four different properties in London, each of which was controlled by a different company. The released funds will be used by the group for further […]
Fladgate LLP has advised Halamar Developments on a complicated refinancing of a property development in Golden Square, Soho, borrowing new funds of more than £50m. The refinancing involved: a corporate reorganisation to insert three levels of holding companies between the property owning company and the ultimate shareholders together with amendment of the existing shareholders agreement […]
Fladgate LLP has advised Otium Real Estate on its first in-town leisure purchase in Milton Keynes, acquiring the Theatre District scheme from UGS MK Limited for £16.75m. The 109,000 sq ft scheme currently comprises 16 units, with a tenant roster that includes TGI Fridays, Bella Italia, Zizzis, Revolution de Cuba and the Slug and Lettuce. […]
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