Happy Leap Day! Traditionally the day for women to issue marriage proposals, 29 February may also have an unexpected consequence for buyers and sellers of commercial properties when they work out their completion statements. The Standard Commercial Property Conditions are a set of standard conditions which are incorporated (to a greater or lesser extent) into
Monthly Archives: February 2016
Anarchy in the UK – Disruption and Innovation in the Hotel Industry
The annual Hogan Lovells CBRE Hotel Conference It’s good to share – that was the message from Alex Stephany, former CEO of JustPark, who was the keynote speaker at our conference this morning, interviewed by Jonathan Langston, COO of CBRE Hotels. And it’s not just AirBnB. All hotels hold assets with “idling capacity” which can
Beware the hidden costs of ground rents
On 21 January, Sir Peter Bottomley MP tabled an early day motion in the House of Commons requesting that Flat 1 Blythe Court, Solihull, be withdrawn from an upcoming auction. The motion was tabled because the sellers were apparently “withholding essential information of penal ground rent provision that make the premises worthless”. The property was