Delivering Innovative and Practical Solutions
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Focused on development and regeneration Delivering innovative and practical solutions What we do for our clients • Landlord and tenant matters including the negotiation of occupational leases to meet institutional/funding If you are a public body, developer or investor engaged requirements in development or regeneration our large dedicated team of development lawyers with specific expertise • Procurement (including competitive dialogue led can help you. regeneration projects), State aid, construction, tax/VAT and corporate structuring. The team is supported by specialist construction, tax and funds advisers offering an end to end service for our clients. We have an impressive track record of delivery and Innovation in our sector are leading some of the most prestigious and cutting edge Our approach is to provide a partner led bespoke team developments both in the UK and around the world. bringing together all of the skills necessary to meet the demands of projects of any scale and complexity. We Our approach is to provide integrated service delivery have unparalleled exposure to virtually every form of from our offices. We aim to add real value, allowing you major infrastructure and development project in the to benefit from the solutions and approaches we have market today. Our aim is to work closely with you to adopted on most of the UK’s major public/private projects meet your expectations and ensure delivery on time over the last 20 years. We do not seek to reinvent the and on budget. wheel and we always look to share approaches, structures and above all, the route map to delivery. Often the simple and tried and trusted approach is appropriate and this reduces cost to you. Working We always work alongside our clients and their teams with our legal services support team, we have assembled providing focused leadership experience gained from an a series of standardised legal agreements and simple impressive track record of delivery. associated procedures, which present cost efficient and expedient services for both public and private We provide expertise in the following areas: sector clients. • Development arrangements including joint venture and partnership agreements, corporate structures and We also employ clearly defined project and financial exclusivity non-disclosure and collaboration agreements management tools for more complex projects which harnesses knowledge management technology so that • Strategic/long term sites – options and we can predict and ensure costs and certainty of delivery. conditional contracts We recognise that your projects may be local or national. • Brownfield sites/urban regeneration and mixed Our local offices work alongside our City practice to use schemes provide a seamless countrywide team. It enables us to cover all your needs and reduce your costs by providing • Grant funding from sources such as ERDF, RSA, legal experts with local knowledge on your doorstep. and JESSICA • Secured profit sharing arrangements between financiers and/or landowners and developers • Mortgage and funding documentation in the context of interim finance, forward funding and general project finance • Site assembly and disposals • Integrated approach to planning and environmental issues arising out of the regeneration/development process Independent comment “They have an ethos that is difficult to pin down – if you “Everyone professes that working in partnership is absolutely could bottle it and sell it it would be worth its weight in gold – fundamental to achieving successful regeneration – Eversheds it combines knowledge, enthusiasm and skill with an intuitive is one of the few firms who have actually been practicing it.” understanding of their client needs.” Argent Estates Land Securities “Eversheds’ expertise was invaluable...The breadth and depth “A partnering approach to provide innovative and of their input has led to them commercial solutions in order to drive forward and deliver being regarded not just as advisers, but as part of our complex projects is a trademark of the Eversheds ethos team…” and this has resulted in the successful client/consultant London Borough of Lambeth relationship nationwide.” Homes and Communities Agency Did you know? 1 Who we act for? Our clients have included Hammerson, Land Securities, Urban Splash, Segro, Muse Developments, the Olympic Park Legacy Company, eight of the nine Regional Development Agencies, the Homes and Communities Agency, Morgan Sindall, Mapeley plc, John Laing, Taylor Wimpey, Barratt, St Modwen, Transport for London, Network Rail, Solum Regeneration, Grainger plc and many local authorities. 2 What do we do? We have been at the forefront of establishing and delivering ground breaking partnership models between the public and private sectors. For example, we are the only law firm to have advised upon all of the established Regional Development Agency public/private partnerships. We also advised the first local authority to adopt a similar structure - the London Borough of Croydon. We are currently acting for numerous private sector developers and investors when bidding into such projects including Morgan Sindall and Mapeley. 3 Who we know? We have an extensive network of public bodies, policy makers, developers, investors and funders. We want to share this network with you – For example we will always seek to add real value by making introductions and inviting like minded industry players to our interactive ‘thought leadership’ events. 4 How we cost? We offer a flexible menu of fixed and capped fee arrangements to ensure effective budgeting and cost control. In many cases our hourly rates are only the backdrop to providing a robust and reliable fee basis for all your requirements. For further information, please contact: Stephen Manson Head of Development and Regeneration Direct: +44 207 919 4662 Main: +44 207 919 4500 [email protected] www.eversheds.com ©Eversheds LLP 2012. Eversheds LLP is a limited liability partnership. EREA.285_V1.