The most serious downturn in recent memory has left our sector battered and bruised but nonetheless with a significant challenge which practitioners need to grasp for the benefit of their clients. Although we have seen a massive 40 or so percent decline in values since 2007 now is the time to seize opportunities and to manage the assets you have to greatest effect. In difficult economic times when every pound counts you need creative solutions to your commercial property requirements and lawyers who can look outside the box. We can help - for example, using your existing leasehold arrangements possibly to renegotiate your lease terms to provide more benefits and flexibility; offering terms to tenants to improve the value of your property portfolio; advising on SDLT planning and strategies for tenants who regretfully may get into difficulties.
Of course, the economy is not always going to be in the doldrums and the market will pick up. Then your legal requirements are going to be very different to now and you may want to upsize or acquire properties/ land to develop or rent. We can advise you on all of the legal aspects through the asset’s lifecycle.
Our clients are wide ranging. From overseas investors to blue-chip occupiers. We have particular experience in acting for leisure & retail, dental & healthcare and advertising and marketing services businesses.
Clients include Electronic Arts, Agilent Technologies, Rio Tinto, EGL UK, EDF, Pizza Express, Ask Restaurants, Hermes, Mother, Delaney Lund Knox Warren and Partners and Integrated Dental Holdings to name but a few.
We have worked on some really interesting projects in the last year including:
acting for a renewable energy company in the negotiation of a lease for a new bio-fuelled electricity generating power station.
working for overseas investors in the purchase of properties in Park Lane
acquisition and management work for restaurateurs throughout the UK
advising a plc on the disposal of its former corporate HQ to a US firm
advising on the new space requirements for corporate trading desks in the City
So what are Lewis Silkin like to work with? Well it's probably best summed up by this quote taken from the current Chambers and Partners directory.
This team “is exceptionally user-friendly - the strong, technical lawyers are responsive, efficient and very easy to work with.”