Real Estate Update: Spring 2014

Introducing our update on legal topics relevant to the UK real estate industry.

In this Spring issue we cover:

• REITS – a further boost for the UK’s property investment sector
• Coventry v Lawrence and its implications for the development of land and rights of light
• The Great Escape – a salutary lesson for landlords on how not to inadvertently release guarantors from liability
• Holding over – highlighting the risks that landlords run when tenants hold over for lengthy periods after the end of the lease
• Landlord triumphs in “magic words” appeal – a lesson for tenants to strictly comply with break clause requirements
• Three developments to watch
• Upcoming real estate events