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Real Estate Development News

08 February 2012

Destination Cannes: the world’s leading real estate event

Burges Salmon is sending a team of lawyers to MIPIM again this year.  Taking place from 6-9 March in Cannes, the world's leading real estate event sees four days of intensive real estate business.

24 October 2011

Burges Salmon advises trio of property award winners

The award winning Real Estate group at leading UK law firm Burges Salmon has advised clients on three separate real estate development projects which have captured awards at the Insider South West annual property industry awards.

01 July 2011

Real Estate Team of the Year 2011

Leading UK law firm Burges Salmon continues its reign as one of the UK's premier real estate advisers after winning the title of Real Estate Team of the Year at the prestigious Lawyer Awards 2011 held last month (21 June).

22 June 2011

Adoption of Private Sewers

If draft regulations come into force as planned on 1 July, an estimated 200,000 kilometres of private sewers and private lateral drains will, from 1 October this year, transfer “overnight” from private ownership to that of statutory sewerage and water companies. 

03 June 2011

One Glass Wharf hosts lively localism debate

Speakers at a property industry seminar hosted by Burges Salmon at One Glass Wharf this month [01.06.11] welcomed plans to give residents and businesses a greater say in local planning, and to give communities greater incentives to back new development.

18 March 2011

Burges Salmon Appoints New Real Estate Partner

Burges Salmon has appointed real estate Partner Philip Beer from City of London firm Simmons & Simmons. Philip joined on 14 March to further strengthen the expanding 65 lawyer real estate practice, recently awarded Property Team of the Year at the British Legal Awards.

18 March 2011

Burges Salmon Appoints Four New Partners From Within

Top 50 UK law firm Burges Salmon has appointed four new partners from a range of practice areas across the firm. These appointments will bring the total number of partners to 69. They take effect from 1 May, 2011.

02 March 2011

Burges Salmon advise Skanska on the purchase of its first UK Residential Development Site

Skanska has recently completed the purchase of its first UK residential development site. This news follows the announcement in December that it was to establish a Residential Development business in the UK.

01 February 2011

St. Modwen secures its first occupier at Firepool, Taunton

Burges Salmon have recently advised St Modwen Developments on its first pre-let at Firepool Taunton. Taunton-based waste management business Viridor is to relocate its head office to the £270m Firepool redevelopment scheme in the town.  St Modwen expects to start construction on the 17-acre mixed-use project during the second quarter of 2011.

26 January 2011

New Homes Bonus

The New Homes Bonus scheme announced last year is to be extended to empty homes. The proposed scheme has been generally well received by the industry. In outline, the idea is that central Government will pay local authorities a "bonus" equivalent to the council tax receipts for each new home provided in the local authority area for 6 years after that home is first occupied.

26 January 2011

Do you own land of community value?

As well as wide ranging proposals for reform of the planning system, the recently published Localism Bill is of interest for introducing the concept of "assets of community value".   The Bill contains provisions which when implemented will confer a right of pre-emption for neighbourhood groups over certain properties such as pubs, shops, libraries or leisure centres.

14 July 2010

Are your land agreements anti-competitive?

Restrictive covenants affecting real property must comply fully with UK competition law from 6th April 2011. This includes covenants in existing documents as well as those made after that date, whether contained in leases, transfers or other property deeds and agreements. Those which do not comply will be void and may give rise to other penalties for the parties after next April.

28 May 2010

Tax on Development

Since 6 April 2010 local authorities have had the right (not the obligation) to charge Community Infrastructure Levy ("CIL") in order to provide a coordinated and predictable method for the funding of infrastructure works on developments. 

21 May 2010

Burges Salmon advises on major real estate joint venture

A cross departmental team led by Real Estate Head Richard Clark and including John Dunn (Client Partner for The Crown Estate), property development Partner David Gidney and Corporate Head Chris Godfrey, has advised on another major property acquisition, the Westgate Shopping Centre and adjoining development land in central Oxford, for long-standing client The Crown Estate. 

01 October 2008

Real Estate Development Team act for Westmark

We have advised Westmark on its agreement with the Environment Agency for the construction of its new Headquarters.