Our dedicated team of development lawyers work tirelessly to ensure every deal is handled with a view to maximising asset value whilst minimising developer risk. We work on a variety of projects of varying scales across various sectors and are confident in dealing with constraints in a timely and efficient manner.
Our work includes recognising and advising on title issues, environmental factors and strategic land acquisitions, as well as negotiating and drafting overage provisions, conditional contracts and promotion agreements. The team at FDR Law take a commercial approach to provide clear direction and bespoke advice to all clients.
Structuring commercial property developments
Having a sound legal structure forms the basis to any successful development project. We advise on the most appropriate legal structure for your project according to its scale, complexity, agreed input and anticipated outputs.
Before pursuing a new development our clients work closely with us to decide how to structure an investment. We help our clients choose an appropriate vehicle for their project taking into account how it is to be financed, balancing profitability and tax benefits against any excessive administrative burden.
We have extensive experience working with limited liability partnerships, real estate investment trusts, limited partnerships and on joint venture arrangements. We have a proven track record in the structuring and facilitating of successful commercial property projects within both the private and public sector. Our longstanding relationships with these clients confirm that we are an invaluable resource to be taken advantage of.
Development Agreements & Forward Funding
We understand that our clients need advice from various sectors when orchestrating complex, long-term development projects. In order to simplify and speed up the process we often build cross-disciplinary teams to provide specialist advice.
The team have significant experience negotiating development agreements, whether that is conditional developments dependent upon planning, title or resolution of other constraints, negotiating development obligations incentives and penalties, phased development schemes through to structured building leases, complex estate site set up and bespoke transfers.
Forward funding transactions are a hugely profitable way to create new investment opportunities, however with profit comes risk, and with risk often comes the added burden of lengthy negotiations and additional administration. The team understand what elements are important to both the developer and the seller in these transactions and can provide commercially sensible, innovative advice to deliver the desired results for the client.
As of the 1 July 2022 FDR Law is now part of the AIIC Group of law firms and businesses, which includes top 60 UK law firm Taylor Rose MW. Many of the lawyers from FDR Law are still based at 1-3 Palmyra Square South, Warrington, WA1 1BZ (which was formerly FDR’s office) and offer the same legal services as before as part of the Taylor Rose MW Warrington team.