Fladgate was pleased to act for KCR Residential REIT plc on the subscription by private equity fund, Torchlight for 9 million ordinary shares for a total subscription of £4.05m and the grant of an option to subscribe for an additional 50 million ordinary shares. KCR intends to consolidate its presence in the UK and to […]
When a commercial tenant no longer requires their premises and they want to dispose of the property to a third party they can either assign (sell) their interest in the lease or grant an underlease. There are many factors which should be taken into consideration when deciding how to dispose of the lease and in […]
When considering taking a retail lease of a property, the most important point in the heads of terms from the tenant’s perspective will be its ability to trade or carry out its services from the property. If it is unable to do so then the property will be useless to it. However, when drafting heads […]
Almost all leases include an obligation on the landlord to insure the building. The main reason for this is that the landlord has a capital interest in the building and wants to control its state of repair by way of insurance and service charge rent. Additionally, where the building has several tenants, it is far […]
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 […]
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 […]
The legal content provided by Fladgate LLP is for information purposes only and should not be relied on in any specific case without legal or other professional advice.
Copyright is owned by Fladgate LLP and all rights in such copyright are reserved. Material is not to be reproduced in whole or in part without prior written consent.
Fladgate LLP is a limited liability partnership, registered in England and Wales with registered number OC334334. It is authorised and regulated by the Solicitors Regulation Authority, number 484783. The term partner is used to refer to a member of Fladgate LLP. A list of members is available at the registered office shown above.