Landlord and tenant

Our work acting for landlords and tenants is a key component of our premier league real estate practice.

Our team has an excellent reputation for offering pragmatic, commercially focused advice.

We have thrived and grown in an exceptionally demanding market place by providing intelligible advice on complex projects swiftly and accurately, using the law to get the job done not as an excuse for delay.
  • Profile
  • Experience
  • Key contacts

With our work for landlord clients we provide the service to help them enhance and manage their assets to the full potential in an efficient manner. When a client makes an investment acquisition we see this as the start of an association, not the end, and following the acquisition we assist the client with implementing their strategy for the asset.

With our work for corporate occupier tenants we secure for them institutionally acceptable forms of leases and ensure they are clear as to the key obligations they are taking on. We also advise clients on how best to achieve lease flexibility for future expansion and/or contraction.

Whether managing the leases at a shopping centre or multi-let office building, pre-letting a development scheme, structuring finance leases or advising occupiers on a new headquarters, one of their most important financial commitments, we are commercially astute and market aware on behalf of our clients.

Our talented and committed real estate team is supported by top flight lawyers also in litigation, construction, planning, environment and tax

Our landlord and tenant work includes:

  • negotiating leases and ancillary documents
  • regears and variations
  • management of the investment
  • sale and leaseback structures
  • enforcement against tenants in default
  • pre-lets and forward funding structures.

"Highly competent and have recruited a young, motivated team"
The Legal 500 UK 2014

The Langham Estate

We act on the management of this client's mixed use portfolio which comprises over 100 properties, many multi-let, situated in the West End of London, including around Great Portland Street and Oxford Street.

Schroder Real Estate Investment Trust

We advise SREIT on their large mixed use portfolio which includes shopping centres, industrial estates and offices blocks. Our day to day work includes new lettings, re-gears and asset management. We acted on the joint venture purchase by SREIT and other Schroders funds for £130m of the prominent Manchester landmark, City Tower which included some 125 leases and we have since managed this asset for the owners.

Ares Management

We act for this owner of the 1m square feet Telford Shopping Centre and deal with all ongoing landlord and tenant matters.

London Metric Property

We have acted for this leading Real Estate Investment Trust on the purchase of several new assets and have assisted them as they have embarked on extensive re-gearing and re-letting of the tenancy portfolio to enhance the assets.

LaSalle Investment Management

We advise this asset manager on numerous assets which they manage for a number of funds. We acted for them on their acquisition of the vast Golden Square Shopping Centre in Warrington (700,000 square feet) and now deal with all letting and management issues.

Tristan Capital Partners

We acted for this client on the purchase of the landmark mixed use building The Cube in Birmingham and now deal with all letting and management work at the scheme.

Field Fisher Waterhouse

We advised this City law firm on the leasing of its new headquarters in the City of London, including advising on the exit from their previous headquarters.

DnB Bank

We advised this leading Scandinavian bank on moving into its new London headquarters in a newly developed building, including base build construction and fit out issues.

SABMiller Plc

We advise this multinational brewer on its leasehold estate in the UK, including its London headquarters in Mayfair and its regional headquarters in Woking, Surrey.

Lawyer

Stephen Laud Partner

T:  +44 20 7809 2514
M:  +44 7717 341 733 Email Stephen | Vcard Office:  London

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© Stephenson Harwood LLP 2016. Any reference to Stephenson Harwood in this document means Stephenson Harwood LLP and/or its affiliated undertakings. Any reference to a partner is used to refer to a member of Stephenson Harwood LLP.