There can be a number of reasons a business may choose to restructure. Including the plan to sell the business , merge, grow, develop into new markets, or prepare for a management buy-out. This could mean that part of the business needs to be transferred...
Our commercial property solicitors work with landlords, tenants, investors and owner occupiers in the management of their property portfolios. As the range of properties extends both in terms of geographic location, industry sector and type of premises the complexities of managing a portfolio also becomes more time consuming and challenging. We can help you manage your portfolio by advising on the legalities at every stage from acquisition or lease through to termination and disposal.
Managing properties is commonly based around the framework of The Landlord and Tenant Act. When dealing with mixed property portfolios at different stages of their lifecycle, you need to be sure you are fully aware of your responsibilities. Timings and deadlines are critical in effective management to make sure key dates are not missed, which could result in extensive costs and a lack of continuity for your business. In addition to this, poor asset management will lead to reduced financial returns and profitability.
We understand that our client’s portfolios are unique, so our team is focused on creating straightforward and effective reporting systems that meet our client’s needs so that key milestones are anticipated and streamlined.