Alan Karsberg

I qualified in 1996 and have worked at Berwin Leighton (now BCLP), subsequently becoming a partner in 2007 at Olswang and then CMS Cameron McKenna Nabarro Olswang. From 2000 to 2004, I was a lawyer at a US investment bank. I joined Fladgate in November 2018.

I specialise in commercial real estate, advising investors and corporate occupiers such as Capreon. I have particular experience and expertise in investment work (especially complex portfolio transactions, sales and leasebacks, and complex pre-lettings), and landlord and tenant work (acting for both landlords and major corporate occupiers).

I thrive on strong personal relationships with my clients, and seek to work with them in a way that suits them individually. I have enjoyed working with most of them for many years. I use my experience as a client from when I worked at a US bank as a constant reminder to see my work and approach transactions through a client’s eyes.

I enjoy the contrast and need to adapt between the often purely commercial approach of investor clients and the often highly bespoke and personal practical requirements of a corporate occupier.

• Advising clients of Capreon UK on numerous asset and corporate acquisitions, including: a portfolio of retail parks and a department store for over £190m; a retail park for over £170m; over 30 mostly industrial properties for almost £400m and a subsequent debt re-structuring of the portfolio; a 200+ property portfolio for in excess of £600m; and shopping centres in Barnsley, Burton, Carlisle, Grimsby, Middlesbrough, and Stevenage, as well as several high street retail portfolios.
• Advising a leading global professional services business on its pre-letting of a bespoke c.100,000 sqftcentral London HQ in Midtown. This included advice on planning, construction, complex leasing and other commercial issues over a four year period.
• Advising a major US investment bank on the re-gearing of the leasing arrangements at its City of London based European HQ, comprising over 500,000 sqft of prime offices and trading floors.
• Advising Legal & General on the sale of CBRE’s London HQ at St. Martin’s Court, Paternoster Square, for in excess of £100m.
• Advising a Swedish investor on the surrender, extensive refurbishment and letting of a flagship store in New Bond Street and its subsequent sale in 2020 for in excess of £300 million.