Real estate

The lawyers have the balance between good-quality work and quick response times.

Chambers UK

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The real estate market is a challenging and dynamic environment which demands technical excellence across the broad spectrum of real estate and property law services blended with a detailed understanding of the commercial realities and opportunities faced by businesses in a variety of industry sub sectors.

Our team has a wealth of experience in all types of real estate transactions, including investment property, property development, joint ventures, property lending, relocation, business establishment and distressed property work-outs. We also offer expert advice for those investing in residential property, particularly high value and sometimes complex purchases.

As established practitioners in the wide range of issues faced by the industry, we provide a multi-disciplinary solution based on accessing the skills of lawyers in specialist areas from real estate litigation to commercial contracts and from construction to employment, tax and regulatory matters. In each practice area, we have individuals who are recognised as leaders in their fields. Working as a cohesive unit, they seamlessly match the right expertise to the task in hand.

Our clients, based both in the UK and internationally, comprise household name corporations and developers, banks, investment funds and trusts, charities, landed estates and property entrepreneurs. We are particularly well known for our comprehensive support and innovative solutions for health and care providers, student accommodation providers, retailers and tenants, hotels and leisure operators and mixed use developers as well as housing associations.

Through our day to day involvement and strong client relationships, we are able to acquire a thorough grasp of the obstacles they need to overcome to ensure financial and business objectives are fully met. This enables us to offer an advanced service which is not only informed by industry needs and best practice but is also bespoke and tailored to the requirements and long-term strategies of individual organisations.

 

We offer expert advice on:

  • commercial contracts
  • construction and development agreements
  • financing and funding
  • joint ventures involving property and property funds
  • land and premises acquisition and disposal
  • landlord and tenant issues
  • planning, environmental and waste management issues
  • professional appointments and HR matters
  • real estate tax including capital allowances and SDLT
  • residential developments
  • resolution of real estate disputes including by mediation

Recent work highlights

Docklands leisure park sale

Acting for an institutional investor in relation to the management and subsequent sale for £135 million of its freehold interest in Surrey Quays leisure park, London. The sale was dependent on obtaining mixed-use planning permission and completed within a very tight timescale.


Innovative deal for urban masterplan

Representing Sellar Property Group on an innovative forward funding deal with Notting Hill Housing Trust for its £500 million regeneration scheme at Canada Water which includes 1000 homes as well as a new Decathlon store, cafes, restaurants and offices.


The sound of music

Exchanging contracts to secure arguably the best apartment in a London Kensington mansion block overlooking the Royal Albert Hall within five working days. The sale price was around £8 million.

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Penningtons Manches LLP

Penningtons Manches LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority. San Francisco is an associated office.

Penningtons Manches LLP