Real Estate 2018: A Retrospective

We look back at some of 2018’s key legislation and court decisions, as well as a selection of real estate transactional work we have carried out in a range of sectors.

17 January 2019
London Airport

A real estate retrospective of influential legislation, Court decisions and transactional work in 2018 

Despite considerable change and uncertainty, the UK’s commercial property market remained resiliently buoyant in 2018. Today we look back at some of last year’s important and influential legislation and court decisions, as well as a small selection of some of the transactional real estate work we have carried out.

A heady mix of statutory and regulatory change and number of key court decisions impacted the sector in 2018. The implementation of government policy has seen the coming info force of minimum energy efficiency standards for commercial buildings in an attempt to force greenhouse gas emissions reduction. A new telecoms code has been introduced to facilitate the anticipated connectivity to 5G of 15 million people by 2025 and nationwide by 2033.

The courts have been hard at it too with a few surprises sprinkled in amongst the usual spread of cases reported over break clauses, the Landlord and Tenant Act 1954 (still giving after 64 years!) and testy rent review issues.

We also look back at some of the real estate transactional work we have undertaken in what has been another busy and varied year for our real estate team.

Please download the report using the link below. You can join the conversation on Twitter using the hashtag #UKRealEstateLaw.

Advisory:

New Electronic Communications Code

MEES: Minimum energy efficiency standard for commercial buildings

Can Brexit frustrate a lease?

Ground (f) of the Landlord and Tenant Act 1954

One chance to get it right – Section 21 Notices

Overage payments and reasonable endeavours

Break notices and the registration gap trap

Break notices (again) and conditionality

Rent review clauses – strict interpretation

Extension of easements

Transactional:

The Cabot, Canary Wharf, London

20 Fenchurch Street, London

Albert Island, London Royal Docks

Core Valley Lines, South Wales

Harbour Hotels Group

Retail Store Portfolio – Waterstones Booksellers

Retail Store Portfolio – Waitrose & Partners

Clayhill Solar Farm and Energy Storage, Milton Keynes

Sovereign Shopping Centre, Weston-super-Mare

Soapworks, Bristol

Key contact

Richard Bedford

Richard Bedford Partner

  • Real Estate Disputes
  • Dispute Resolution
  • Professional Negligence

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