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Real Estate & Construction Newsletter - July 2016

Welcome to the July edition of our Real Estate Newsletter.

This month we're all in this together as we react to Brexit, recognising the investment opportunities which lie ahead. We highlight the results from our latest research into smart buildings; analyse the recent telecoms code update and provide valuable insight on JCT Minor Works contracts. Finally, we look back, and forward, to London 2012 and Rio 2016, asking what a good legacy looks like.
This is an interesting time for the Real Estate market and we look forward to keeping you informed as developments continue over the coming months.

Brexit – uncertainty and opportunity

The British electorate’s historic decision to vote to leave the EU potentially has profound implications for the UK commercial real estate market. Despite ongoing uncertainty - amidst the devaluation of the pound and the downgrading of the UK’s credit rating - Simon Ewing identifies the investment opportunities which lie ahead. Read the full article here.

The New Real – innovative real estate research

In the near future, rapid changes in technology will contribute to a period of sustained disruption in commercial real estate. We have undertaken some research to understand the opportunities that this brings for those with an interest in the sector. Mark Smith considers the implications for lawyers and businesses alike. Read on here.

Over to Rio

Transforming the heart of east London was the second of five pledged legacies in the original bid which won the Olympics for London in 2012. The regeneration is still ongoing, but Daisy Scaife asks what London has achieved over the past four years that could be considered medal-worthy and what Rio can learn from London’s Olympic regeneration legacy. The article is available here.

Telecoms code: what price for a rooftop?

The government has announced that it is going to tackle the reform of the legislation which governs the relationship between property owners and mobile operators “at the earliest possible opportunity”. The last attempt did not find favour with mobile operators or property owners, Emma Humphreys analyses the new draft Bill. Read her account in full here.

JCT Minor Works Contract 2016 – what’s new?

The Joint Contracts Tribunal recently launched its latest construction contract, the Minor Works Building Contract 2016 edition. Andrew Keeley highlights what you need to know from the new and updated features. The article is available here.

For further information or to discuss any of the items raised here, we invite you to contact Simon Ewing or Emma Humphreys.

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