The office and business space sector is a highly dynamic market that is currently undergoing significant change. COVID-19 will drastically alter the way in which some businesses operate and how they attract talent, as office-based employees increasingly expect an engaging environment in which to work. Forsters’ renowned expertise in this area means that we are ideally placed to support and advise developers, investors, asset managers and occupiers through this period of evolution.
Expertise in ESG and Sustainability
With a clear focus on environmental, social and governance (ESG) matters, we are fully aware of the need to integrate the latest ESG thinking and practices into the advice we provide. Our work with clients and their wider advisory teams has enabled Forsters to develop specific expertise in ESG and we regularly advise on the legal aspects of implementing an ESG strategy, whether this be in relation to an office portfolio, asset management initiatives or development projects involving office assets. Our clients also have access to our dedicated Sustainability Hub which comprises our current ESG guidance and advice.
Extensive sector experience
Adept at advising on transactional matters, Forsters’ office and business space sector experts are vastly experienced in supporting our clients and their wider advisory teams on all aspects of a deal, including, among other matters, advising on the content of heads of terms, property and planning due diligence, financing, tax analysis and the review of lease and construction documentation. Working in collaboration with our corporate and tax teams, we also regularly advise clients on the acquisition and sale of office and business space assets through corporate structures.
Specialist advice to meet your real estate needs
In addition, we provide support on the full range of services relating to the letting and asset management of property portfolios, including lease negotiation, rental recovery options, advising on landlord insurance and service charge obligations, lease renewal negotiations and dilapidations claims.
Where our clients are seeking to maximise value, either through development or asset enhancement, our multidisciplinary team can guide you through the planning process, advise on development constraints (including rights of light), draft development and/or funding agreements, advise on construction documentation, deal with any vacant possession issues and assist on tax matters.
On Wednesday 9 December experts from Forsters including Head of Commercial Real Estate Andrew Crabbie and Property Litigation Counsel Nichola Padget with speakers Karyn Jones and Peter Watts from Shaw Gibbs were joined by Kate Smith of CBRE discussing the future of the office lease.
‘The 2025 office: static, evolved or extinct?’: Glenn Dunn, Victoria Towers and Katherine Ekers deliver Lexology webinar
Forsters’ Head of Occupier Services, Glenn Dunn, and Commercial Real Estate Partners, Victoria Towers and Katherine Ekers, discuss what form the office could take in the future.
We are committed to running a business that is environmentally sustainable. Not only do we continually strive to minimise our impact on the environment, but we have years of experience of incorporating sustainability considerations into the legal advice that we provide to our clients.
A list of key terminology and concepts relevant to corporate occupiers of UK real estate with their plain English explanations.