Authors
This article was produced by Olswang LLP, which joined with CMS on 1 May 2017.
Even though Real Estate may not be your business, your property costs are likely to be one of the biggest overheads on your balance sheet. We can help you to control those costs by providing specialist advice on the issues that matter. Our real estate group advises on the full range of real estate services including acquisitions and disposals, property due diligence, acquisition vehicles and structures both onshore and offshore with associated tax planning, security and funding, management and restructures and landlord and tenant disputes. Our experience includes acting for owners of shopping centres, data centres and distribution centres who have adtech requirements.
Shopping centre clients include Alecta Pensionsforsakring Omsesidigt, Ares Management, Benson Elliot, Capital & Regional PLC, Cornerstone Real Estate Advisers, F&C REIT, InfraRed Capital Partners, London & Associated Properties plc, Oaktree Capital Management and UBS.
Recent experience
We advised a new client on the development of a "world class, state of the art" data centre. We used our experience, legal skills and common sense to make the deal happen. The deal linked our sector expertise in real estate and technology and included our real estate, corporate, tax and finance teams. The deal involved site assembly negotiation with utility companies adjoining owners and third parties with rights and the ability to impose restrictions on land owned by our clients. The land was part of a larger site with other proposed uses and had to be divided carefully. In addition to the land law issues we dealt with planning and other issues including negotiating with the relevant government bodies and other third parties to permit the development of the data centre. Our multi-disciplinary technology and real estate teams continue to advise the client further as they build, develop and run a data centre.
Key contact: Jonathan Lewis
