Fladgate has advised Patron Capital and joint venture partner Oxlo in connection with the sale of the Mint office building in Leeds. This 120,000sq ft Grade A office was marketed at a guide price of £45m. The building is fully let to Jet2, the third largest scheduled airline in the UK, on a series of […]
Fladgate LLP has advised Parkside Investments Limited, a Jersey company, in connection with the acquisition of a large site in Hendon, north west London, for approximately £9.5m. The site is used as a motor dealership and servicing centre and is let to Honda Motor Europe Limited. The site represents a short term investment acquisition with […]
Fladgate LLP has advised Patron Capital, the pan-European property investor and its asset management partner and leading real estate adviser APAM, in relation to multiple lettings at Arlington Business Park, Reading. Patron and APAM have agreed the pre-let of the entire building 1240 comprising approximately 34,350 sq. ft. to NTT Security, the UK subsidiary of […]
Fladgate is delighted to have advised Sylphar N.V. on its acquisition of majority stakes in the UK companies Pro Teeth Whitening Co Ltd and Nutravita Ltd. Fladgate worked closely with Sylphar’s Belgian lawyers, Argo Business Law Group. Sylphar, which is backed by the private equity firm Vendis Capital, is a fast-growing over-the-counter consumer healthcare business […]
Countless properties up and down the land, probably the majority, either have the benefit, or are subject to the burden, of a title covenant. A title covenant is basically a promise made in a deed to do or not to do something with a piece of land. Covenants can relate to all sorts of things. […]
Fladgate LLP has advised on the sale of the extensive Wembley Point site in Brent on behalf of off-shore clients of Bravo Investment House to Canada Israel Group. The asset was sold for £43m with the benefit of planning consent to convert the vacant office tower on the site to circa 400 residential units, with overage […]
Fladgate LLP has advised Turner Broadcasting System Europe (Turner), the UK based operation of Turner Broadcasting, the global entertainment, sports and news subsidiary of Time Warner, on the pre-let of 98,100 sq ft in a new development at 160 Old Street, EC1, which it will occupy from 2019. The building is owned by The Great […]
Could you trespass on someone else’s land, act as the owner of it for a long time and on that basis become recognised officially as the new owner? Surprisingly, that is what the law of this country has allowed, although in recent years the government has clamped down on opportunistic land-grabs. What is adverse possession? […]
Fladgate has assisted Mindspace, a European provider of coworking space, in its entry into the UK market and all legal aspects relating to the opening of its first facility in London. This involved completing a lease of two floors totalling 31,000 sq ft at the Relay Building, London E1 and assisting Mindspace with its plans […]
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 an offshore private family trust on the disposal of a brownfield site for development in St Pancras for £35 million. The site is the last undeveloped site in St Pancras and was sold to the Market Tech group. The transaction involved the closure and relocation of the logistics giant DPD’s distribution […]
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 […]
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