10Oct

Investment Acquisitions and Disposals by local authorities

Level: All

Repeated from East Midlands

10 October 2019, 9.30am registration (9.45am start) – 1.00pm (followed by lunch) Browne Jacobson, Birmingham (with Video Conferencing Equipment to Browne Jacobson’s offices in London)

Presented by Browne Jacobson

Course overview

Local authorities continue to be significant investors in the commercial property investment market. As they increase their activity in this field, local authorities should be aware of the key legal and commercial issues that they may face

In this seminar we will work through the lifecycle of an example property investment acquisition from the standpoint of a local authority purchaser, highlighting key legal, commercial and practical issues to be considered on transactions of this type.

Our speakers will be addressing property, public law and tax matters, as well as sharing their insights on commercial considerations based on their wide experience of advising on investment purchases.

Suitable Audience

Local authority lawyers and their instructing surveyors/officers. This course will be suitable for both qualified and trainee lawyers and surveyors, as well as wider local authority officers who may be seeking to develop their understanding of the legal and practical aspects of commercial and mixed-use property investment acquisition transactions. The seminar should be useful for practitioners at all levels but particularly for those requiring a rounded overview of the legal aspects of this significant practice area.

Overview and topics to be covered include:

• Investment property acquisitions: introduction and context
• Local authorities and investment acquisitions – legal powers and public law elements
• Tax considerations – SDLT and VAT
• Property – The importance of due diligence
• Property – Transactional documents and technical aspects
• Commercial and practical considerations at every stage
• Relevant law

Duration: Half a day (3 training hours) including lunch

Interactive elements

The seminar will follow a case study format. As we work through the life of our fictional investment transaction (which will be based on our combined real experience), we will address and discuss the key legal issues that need to be considered at each stage.

Our case study will be supported by materials such as sample heads of terms and contract provisions, with the intention of opening up discussion between delegates. There will also be interactive elements along the way to consolidate learning, and opportunities to raise questions with our speakers throughout the day.

Competencies

This course will cover:

B Technical legal practice
B4 Draft documents
B6 Negotiation
C1 Communicate clearly and effectively
D Managing themselves and their own work

Presenter profiles:

Andrew Noble – Andrew is a Partner in Browne Jacobson’s tax team, and is also a Chartered Tax Adviser. His practice area includes corporate and real estate tax matters among others, and he regularly advises clients in the public sector, including local authorities, NHS bodies and schools. Andrew is experienced in advising public sector clients on the tax aspects of investment acquisitions.

Neil Walker- Neil is a Legal Director in Browne Jacobson’s public sector property practice and has over 20 years’ experience in advising clients on commercial property acquisition, development and disposal matters. Neil is our most senior public sector property law specialist and regularly delivers seminars and training events to clients and contacts as well as in-house training. In the last 18 months he’s advised a number of local authority clients on the acquisition of a variety of investment properties including shopping centres, office buildings and car parks and worked on a number of regeneration and other local authority led development projects.

Ayesha Khalique – Ayesha is a Solicitor in Browne Jacobson’s property development and housing team, and advises local authorities and other clients in the public and private sectors on a wide range of commercial property and development matters. Ayesha has a particular interest in dealing with investment, regeneration and development projects for public sector clients, and has experience of acting for local authorities on a variety of investment acquisitions.

Andrew, Neil and Ayesha will be supported by a senior public law specialist to provide input on vires and other relevant public law issues

Please note we offer the option to attend this course via video conference at another of our offices to make it accessible to as many EM Lawshare members as possible. We do our best to deliver the best experience we can with the technology we have, but inevitably it may not be as effective as attending the course in person. We always appreciate your feedback and make improvements if we can.

Please note, EM LawShare events are only open to existing members. Click here to learn more about becoming a member.

If you would like to send a list of registrants, please email Julie.Scheller@freeths.co.uk.