Real Estate Asset Management

Within our real estate practice we have a team of lawyers dedicated to real estate asset management.

We appreciate that clients expect asset management work to be actioned quickly and efficiently in order to minimise rental voids, to avoid problems with tenants and to keep the costs proportionate.

We cover all aspects of the landlord and tenant relationship including the grant of new tenancies and lease renewals. We handle all permissive licences efficiently and are well placed to deal with defaulting tenants. Tenant requests and tenancy insolvency have been greater issues in the recent past. We have a wealth of experience in handling liquidations, administrations, company voluntary arrangements and other forms of insolvency arising from the more challenging market conditions.

We work with clients to devise a system that works for them and their managing agents; this might involve a bespoke reporting format, an extranet to hold all documents or standard documents for particular properties. There is no one size fits all in asset management and so we tailor our service to meet clients' needs.

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"The Macfarlanes team are highly responsive, engaging and offer transparent advice."

The UK Legal 500 2023

"Macfarlanes offer concise, prompt and practical advice across all commercial real estate and construction disciplines."

The UK Legal 500 2021

"The lawyers get straight to the point and they can always be relied upon to offer optimised solutions to fit the circumstances."

The UK Legal 500 2021

"Extremely strong and responsive team who communicate between one and another and our team very efficiently. The process was particularly document heavy but the Macfarlanes team worked through it steadily and with a good nature and responded to any queries promptly and with a thorough answer."

The UK Legal 500 2021

"Macfarlanes has worked for us for many years. We receive a first rate service delivered at the right time whatever the demands and in a way which enhances rather than damages our tenant relationships."

Paul Williams - Director, Property Management, Derwent London plc