Insights: Siobhan Doherty

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Fladgate advises shareholders of M25 Business Centres Ltd on its sale to BizSpace

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Fladgate has advised the shareholders of M25 Business Centres Ltd on its sale to BizSpace. M25 Business Centre, which is located in Waltham Abbey, Essex, totals 55,000 sq ft across four storeys with office space ranging from 90 sq ft to 2,454 sq ft.  The property also includes meeting rooms, break out areas and executive […]


Fladgate acts on £92.5m acquisition for Flora Developments Limited

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Fladgate LLP acted for Flora Developments Limited, a subsidiary of ABIL Infraprojects Limited, India which is a large Indian construction, real estate development and hospitality company, for the acquisition of prime real estate in Central London known as Griffin House, 5/6 Strand, London WC2N 5HR for a purchase price of £92.5 million. The property currently […]


A bothersome buyer – what to do and not to do?

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Introduction Delays in property transactions following an exchange of contracts are not uncommon and, arguably, can be more problematic than delays encountered pre-exchange (when neither the seller nor the buyer is yet contractually bound to the deal). Delays can arise for a variety of reasons. Some delays, such as, documents not having been signed on […]


Fladgate advises Halkin Management on the acquisition of Central London office premises

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Fladgate LLP has again advised Halkin Management Company Limited, a serviced office provider and part of the Kingshott Holdings group, on the acquisition of another large Central London office premises, this time on Lower Thames Street and being part of The Northern & Shell Building, which is owned by Richard Desmond, the proprietor of the […]


Top tips for tenants: Stamp Duty Land Tax (SDLT) and Value Added Tax (VAT)

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Benjamin Franklin (1706-90), in a letter to Jean-Baptiste Leroy in 1789, wrote the now infamous words “In this world nothing can be said to be certain, except death and taxes”. Whilst the former (thankfully) is outside of the scope of this article, the latter (sadly) is not and should be at the forefront of a […]


Top tips for tenants: Repairs

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When a tenant decides to take a lease of new premises they are usually eager to get the deal “done and dusted”. Having been in contact with an agent throughout negotiations it’s usually second nature for the deal to be passed to a tenant’s lawyers with instructions “to get the deal done ASAP”. A well […]


Fladgate advises Ziser Group on £45m refinancing

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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 advises on acquisition of London development site within Shari'ah structure

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Fladgate’s Funds, Finance and Regulatory (FFR) Group has recently advised a Bahraini bank on the £15m acquisition of a development site on the outskirts of London within a Shari’ah funded joint venture structure.  The team comprised Ella Leonard (funds partner), Philip Turner (real estate partner), Luke Morris (banking partner), Richard Kaufman (real estate partner), assisted […]


Madison International Realty acquires 50% of Paternoster Square for £200m

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Fladgate LLP has advised US investor, Madison International Realty, on the real estate aspects of the £200m acquisition from Oxford Properties of a 50% share in the Paternoster Square EC4 campus.  The acquisition includes King Edward Court, home of the London Stock Exchange and St Martin’s Court, CBRE’s head office in the City of London. […]


Alterations

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A lot of time, energy and concentration is spent by tenants settling heads of terms and negotiating the lease when they first look to take a new lease. But, as the needs of tenants vary and change throughout their lifecycle, tenants often need to adapt the property they are trading from. They need increasing flexibility […]