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This work covers the leasing, management and development of shopping centres and the commercial property that sits behind them. A solicitor in this area handles landlord and tenant matters, negotiates and drafts retail leases, service charge provisions and rent review clauses, and manages disposals or acquisitions of property within a centre. They also advise on site issues such as planning, staggered lettings, assignments, dilapidations, and management agreements, and coordinate between owners, agents and retailers.
They draft and negotiate leases and ancillary documents, review rent review provisions and service charges, handle breaks and assignments, manage dilapidations, oversee title and registration aspects, and liaise with managing agents, retailers and lenders to safeguard the centre’s income and value.
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