Living

We advise across all alternative investment classes and all types of operational residential assets, including:

• Build to Rent (BTR) / Multi-family Residential
• Co-living
• Purpose Built Student Accommodation (PBSA)
• Private Rented Sector / Single-family Residential (PRS / SFR)
• Affordable Housing
• Hotels / Aparthotel
• Healthcare
• Later-living
• Care Homes

Life cycle advice

Our experience covers assisting clients through the lifecycle of residential assets:

• site acquisition and assembly
• planning and promotion
• debt financing for the acquisition and/or development, including by way of development funding and equity/promote JVs
• construction procurement and appointments
• development constraints and rights of light analysis and risk management
• operational management/franchising
• disposal on stabilisation

Specialist support

We provide full commercial, planning, construction, property finance, property litigation, environmental, property tax and property-related corporate services.

In addition to those expert teams, we have specialist hotels counsel experienced in all aspects of hotels-related transactions and disputes. They specialise in:

• transactions involving hotels, serviced apartments, serviced residences, branded residences as part of a hotel’s inventory
• leading negotiations of operational contracts for hotel and serviced apartment operations located all over the world: UK, East Africa, North West Europe, Middle East, the Americas – our last count was 27 countries
• assisting some of the biggest and most globally well-known names in the industry – hotel owners, operators, investors, funders, banks and other stakeholders, from all over the world
• dispute resolutions acting for landlords, tenants, owners, investors and operators.

We negotiate:

• management agreements, acting for owners, branded operators and white-label operators
• franchise agreements, acting for franchisors and franchisees
• the range of necessary ancillary contracts, including technical services agreements, non-disturbance agreements, property owner agreements, trademarks licensing agreements, chain services contracts and many more.

Relevant experience

• Berkshire Assets – Advised on the corporate, finance, real estate and construction aspects of a £54m refinancing in respect of a large PRS development in West London.
• United States Government – We advised on the disposal and acquisition of approximately 100 residential properties associated with the US embassy relocation.
• Veld Capital – We acted on the £19.5m investment finance facility in respect of Saltwater Place and Mary Parker House, two high quality Purpose Built Student Accommodation properties in Plymouth worth £35m.
• DTZ Investors – Advised on the construction aspects of 222 room co-living development at Palmerston Road, Harrow; a 315 room co-living development at Trewint Street, Earlsfield; and a 270 room co-living development at Chatfield Road, Battersea.
• Anglo Suisse Investments – Acting on the sale of two prime central London freehold buildings, 95 and 97 Harley Street, W1, (each let on a long lease guaranteed by HCA International) to Aberdeen Standard Investments. Both properties were recently refurbished to provide state-of-the-art facilities and cancer treatments at the cutting edge of medicine.  The properties are on the western side of Harley Street, surrounded by some of the world’s most prestigious medical practices, including The Harley Street Clinic, The London Clinic and The Heart Hospital.
• Fragrance Hotels – acted for a Singaporean based hotel investor called Fragrance in their acquisition of circa 10 hotels in a variety of locations including Bath, Liverpool and Manchester.  The project in Liverpool involved the acquisition of a long lease from the City Council of the Municipal Building in Liverpool for conversion to use as a hotel.   The Fragrance projects threw up a variety of planning complexities.
• Interglobe Hotels – Interglobe is India’s leading hotel development company. We are instructed on UK hotel development, starting with the redevelopment of Hotel George, Kensington London.