The Supreme Court has given judgment in one of – if not the – biggest property cases of the year, S Franses v Cavendish Hotel (London) Ltd involving the landlord's ability to refuse a new business lease to its tenant due to an intention to redevelop, under ground (f) of section 30(1) of the Landlord and Tenant Act 1954.
We invited Joanne Wicks QC and Ben Faulkner, of Wilberforce Chambers, who acted successfully for the appellant tenant, back to discuss the court's decision, what it means for the operation of ground (f) - and how landlords and tenants will be advised going forward.
Alison Hardy, partner at Ashurst, tackles one of the biggest property cases set to be heard in 2019: the dispute over whether the European Medicines Agency's £13m-a-year lease of premises at Canary Wharf is "frustrated" by Brexit. Alison explains how frustration works, outlines the arguments being advanced by landlord and tenant, and offers her views on the likely outcome - as well as addressing other property litigation that might arise out of Brexit.
EG talks to the incoming and outgoing group chief executives of Savills about the firm’s plans for the future. Jeremy Helsby talks about the key deal that transformed Savills and why uncertainty always brings opportunity. Mark Ridley says the future will be different to its past, with Asia its largest market and tech replacing people in some parts of the business.
“I can sum it up in one word: tumultuous. It has been a uniquely challenging year.”
From the new 2017 rating list process “Check, Challenge, Appeal”; important court and tribunal decisions; the reopening of the 2010 rating list to reverse the effects of Mazars; and the imminent arrival of a new valuation date (1 April 2019) for 2021 revaluation, 2018 has been a busy year.
Join rating consultant and EG columnist Blake Penfold as he reviews the year’s many developments, discusses his top five rating cases, reflects on how England is faring compared to Scotland and Wales and gives his thoughts on what listeners can expect in the rating sphere in 2019.
Edward Charles & Partners new recruit Craig Norton speaks with EG about its succession plans and the state of the west London market as the UK heads on the rocky path to Brexit.
Lynda Shillaw sits down with EG a month into joining Town Centre Securities as group property director. Shillaw spent four years leading MAG Property, spearheading the £1bn Airport City development in Manchester and is now heading back across the Pennines to her home in Leeds.
She reflects on twists and turns in her career, the accidental decisions that led to where she is now and on the responsibility she feels as a leader in the industry.
On 1 December, Cripps and Pemberton Greenish formally completed a merger that creates a major mid-market practice.
Headquartered in Kent, the newly merged firm has offices in Tunbridge Wells, Kings Hill, the City (Cannon Green) and Chelsea. It will have a combined turnover of over £45m, and has over 450 people including 64 partners.
Gavin Tyler and Clare Hyland remain at the helm as managing partner and senior partner respectively, with Kerry Glanville heading the firm’s Chelsea office.
“We’re excited to be part of the newly combined Cripps and Pemberton Greenish,” said Glanville, formerly senior partner at Pemberton Greenish.
“With a focused offering, a client centric ethos and complementary skillsets, together our expertise, resources and connections are already opening doors to new opportunities with clients current and new.”
Ahead of the formal completion of the merger, Jess Harrold spoke to Glanville about her hopes for the combined firm, and her impressive career.
Rural practice surveying has evolved significantly over the last few decades, with the introduction of milk quotas, the rise of renewable energy as an income stream and changes in valuation practice.
The pathways into the profession have changed significantly over that time too, with a rise in the number of institutions offering rural surveying courses, the emergence of the post-graduate course and the recent launch of the apprenticeship.
Who is suited to this pathway and how do candidates stand the best chance of securing training and qualifying in this field?
Charles Cowap draws on over 30 years of experience to answer these and other questions on the profession. He reflects on the relevance of related work experience, the need to hone soft skills and developing a passion for the countryside.
After all, he says, rural surveying is a career that “does get you out and about in some very pleasant areas of the countryside” and for some, that is a “powerful attraction.”
Prime residential real estate “remains buoyant” in New York City as the Zaha Hadid-designed penthouse at 520 W 28th Street in New York City lists for $50m.
Speaking on a tour of the iconic Hadid residences, Dan August Cordeiro who is leading sales on the property said that enquires and sales above $10m were increasing in the Big Apple. “There has bene a fair amount of construction at the high end of the market and I can say that sales volume and the number of contracts signed in the $10m plus, $20m plus and $50m plus markets.
“This has not traditionally been a prime residential neighbourhood,” said the senior managing director or Corcoran Sunshine Marketing Group. “But with the transformation of the waterfront into parkland here thanks to the High Line and Hudson Yards has really made this the forefront of where people want to be in New York. And with the movement of the tech companies coming here has made this a leading residential area.”
This month, Leeds-based clothing retailer Joe Browns is celebrating its one-year bricks-and-mortar anniversary at British Land’s Meadowhall shopping centre in Sheffield.
EG spoke with Claire Barber, head of Meadowhall at British Land, and Simon Brown, managing director and founder of Joe Browns, to explore the fledgling relationship between the landlord and clicks-to-mortar retailer, and their key learnings.