Related insights: Commercial Property
Historic England and English Heritage re-appoint WBD
07 Sep 2021
WBD was re-appointed for a period of three years to provide legal services to both Historic England and English Heritage. This includes advice on property, planning, commercial, procurement, intellectual property, employment, personal injury, construction, charity and judicial review matters.
WBD advises the RO group on latest in a series of real estate transactions
06 Sep 2021
Womble Bond Dickinson has advised The RO Group, an entrepreneurial family company, on the sale of its Amesbury Pizza Hut and KFC units at Solstice Park, Wiltshire, to London Investment Holdings Ltd, for a total consideration of £2.55m.
Coronavirus rent arrears protection - new government update
05 Aug 2021
On 4 August 2021, the government updated their earlier statement in June 2021 which flagged new legislation to introduce binding arbitration in respect of COVID-related rent arrears. Whilst any clarification on the proposed ringfencing and rent arrears arbitration scheme is to be welcomed, there still remains very considerable doubt as to precisely how the scheme will work.
Moratorium on landlord action for commercial rent arears extended to 25 March 2022
21 Jun 2021
On June 16 2021 the government announced an extension of the existing moratorium on landlord action for rent arrears under the Coronavirus Act, from 30 June 2021 (when it was due to expire) to 25 March 2022.
Property owners post-COVID – commercial property
17 May 2021
Our second webinar in our property owners post-COVID series focused on commercial property, taking into consideration the relationship between landlord and tenant, opportunities arising from lease events, the impact of non-performing loans and the value of strategic partnerships.
WBD strengthens real estate practice with trio of lateral hires
04 May 2021
WBD has bolstered its real estate practice in the UK with a team of three joining from Clyde & Co.
Consumption counts: new proposed performance-based energy rating system for larger commercial and industrial buildings
28 Apr 2021
Until now the government's efforts to reduce carbon emissions from buildings have focused exclusively on a building's energy efficiency, but a recent consultation paper has proposed a new measure targeted specifically on the associated issue of energy consumption.
Rent arrears summary judgment decision
23 Apr 2021
Following the earlier Fragrance Shop decision, the Court has quickly handed down a second summary judgment decision on the highly important question of whether commercial tenants are obliged to pay rent whilst their premises have been closed due to government COVID restrictions. The judgment in Bank of New York Mellon v Sports Direct and others reaches the same result as the Fragrance Shop decision, namely that there is no justification in law for commercial tenants to withhold rent as a result of pandemic closures and loss of business.
Government proposes changes to MEES to help implement EPC band B by 2030
19 Apr 2021
Buildings are responsible for around 31% of carbon emissions in the UK. Reducing their energy consumption is therefore one of the major challenges in the race to achieve net-zero emissions by 2050. Last month the Department for Business, Energy and Industrial Strategy (BEIS) issued two consultations concerning the energy efficiency of non-domestic property. Here we bring you up to date on the latest proposals relating to Minimum Energy Efficiency Standards (MEES).
Consultation on protections for commercial tenants
08 Apr 2021
The Government has published a consultation paper and questionnaire, seeking responses and evidence from the property industry generally as to how negotiations have fared over the pandemic period between commercial landlords and tenants on rescheduling rent liabilities. This is intended to inform possible future legislation to deal with the upcoming end of tenant protection measures on 30 June 2021.
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