From:                                             Caroline Daubeney <>

Sent:                                               26 February 2021 10:05

To:                                                  Caroline Daubeney

Subject:                                         Maples Teesdale Property Insights - 26 February 2021


Maples Teesdale Property Insights - 26 February 2021.
The latest news and insights in real estate law




Bywater Properties - real estate with impact

At Bywater the first thing we think about in everything we do is the impact that our decisions will have on the environment and society surrounding our projects. We know that if we focus on this first then companies and employees will want to occupy our buildings, investors and lenders will want to invest with us and we will continue to be successful...Read more

Iceland boss: How the pandemic changed my priorities..Read more

Property Insights

26 February 2021

The pandemic has changed us all in some way and with it, the way we look at the world around us.   Despite the challenging times we are still experiencing, Covid-19 has forced ESG to the top of the business agenda in all industries.  This month we are delighted to feature Dan Mead on what our longstanding client Bywater Properties are doing to move ahead of the market on ESG matters.  Bywater's mission is to create future-facing sustainable buildings that are both loved and deliver strong returns. We are proud to be working with Dan, Theo Michell and Patrick O'Gorman at Bywater to create an innovative suite of lease documents with extensive and in many cases novel ESG provisions.  It is important to us to be involved with and help lead clients for whom ESG is high on the agenda.  With Bywater this is demonstrated through all aspects of our working relationship, including contributing to their charitable purposes.

The other topic on all our minds is the role of science and, in particular, vaccine, in getting us beyond the pandemic.  As several of our featured items show, these issues will have a direct impact on how people use and invest in property, from vaccine passports to investment choices about the buildings which will house life sciences and healthcare businesses.  While we wait to see what next week’s Budget may bring, it is increasingly clear that we won’t be returning to pre-pandemic business quite as it used to be and that there are plenty of opportunities for positive change.


As always, please contact us if you would like any further advice.


Vaccine passport to shop? 

Vaccine passports, whether domestic or for international travel, are a contentious issue at the moment. It is easy to see the logic behind them but there are a number of issues to be ironed out, including the potential for discrimination against those unable to get vaccinated and also how they would actually be used in practice...Read more

The Cladding Crisis - the government's 5 point plan 

More than three and half years since the tragic events of 14 June 2017, the housing secretary, Robert Jenrick MP, announced a 5-point plan, "which will provide reassurance to homeowners and confidence to the housing market"...Read more


Lenders: time to start experimenting in the life sciences sector 

According to JLL, the volume of life sciences real estate transactions increased 166 percent in the past three years in the UK alone. Real Estate Capital has reported that investment banks, commercial banks, insurers and debt funds are quoting for loans against life sciences properties and some lenders are making formal allocations in their budgets...Read more

National Security and Investment Bill

Just a brief comment on the relevance of this Bill, which is progressing through Parliament, to real estate transactions. The Bill is designed to increase the Government’s ability to scrutinise investments on national security grounds. It is “live” and will capture deals from 12th November 2020 onwards...Read more

Commercial activities on the village green - the Supreme Court decides its a game of give and take

The Supreme Court ruled last week that an area of concrete on a working quay side in Essex was correctly registered as a Town or Village Green (“TVG”), dismissing the landowner’s appeal that classifying it as such criminalised their commercial activities on the land...Read more


Launch of "Who Lives in Build to Rent?" report

The British Property Federation (BPF), the UK Apartment Association (UKAA) and London First have launched a report entitled “Who Lives In Build To Rent?”, which provides an insight into the demographics of people living in BTR developments in London based on an analysis of ten large BTR schemes.  The report was formally launched with an online webinar and panel discussion on 3 February 2021...
Read more



Sustainability wins...

Hong Kong developer Tenacity Group has been granted planning permission for an office redevelopment at 70 Gracechurch Street, London, which has sustainability at the heart of its design. Tenacity hopes the building will be one of the first BREEAM ‘Outstanding’ rated offices in the Square Mile​​​​...Read more

Healthcare property investment - a potential way forward in 2021?

It is no secret that the last year has thrown a spotlight on the healthcare sector and this, combined with an ageing UK population, is adding to the popularity of the sector’s property assets with investors.  CBRE’s latest healthcare market and sentiment survey has shown a large majority are highly optimistic about demand in the sector during the short and medium term future...Read more

Code clarity required as action on "not spots" gathers pace?

As O2, Three and Vodafone reveal a £1 billion programme to clear up areas of poor digital coverage within the UK, the Government has announced a consultation on changes to the Electronic Communications Code. The code regulates the rights of operators to install and maintain their equipment on public and private land.  Having listened to operators and landowners, the government now believes that some aspects of the code are in need of an update...Read more