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Sub practice
Sub practice

Corporate Occupiers and Leasing

Typically, buildings cost 15% of an organisation’s overheads and are the second largest business expenditure following staff costs.

Effectively managing operational real estate is an issue of strategic importance and can provide the foundation for future growth.

With vast experience in acting for both tenants and landlords, we have a real understanding of the issues our clients face in managing real estate and anticipating their future operational requirements. We specialise in acting for financial institutions and corporates on HQ relocations, data centres and office matters, and have advised on some of the most significant deals in the market in recent times.

In particular, we help clients with the negotiation of heads of terms and agreements to lease; the negotiation and agreement of commercial leases and all supporting documentation; exit issues relating to existing premises; and construction issues regarding fit-out by the landlord and/or tenant. Underpinning our advice is a unrelenting focus on ensuring the best possible commercial terms for our clients.

Our lawyers work closely with clients to identify provisions that could pose risks within a chosen strategy. These include financial obligations such as rent review, insurance and repair obligations. Having established whether the risk is reasonable, taking into account the market and other commercial factors, we work to agree the approach and mitigating factors that should be adopted in order to manage the risk. A material disruption to your business from the perspective of a landlord or tenant is likely to impact you economically. Our team's prior experience of leading similar projects and working with other professional advisers means that our rigorous approach to project management allows your day-to-day operations to continue smoothly.

News & insights

Modern office buildings against a blue sky

Publications: 26 January 2022

National Security and Investment Act 2021: Impact on Real Estate

The National Security and Investment Act 2021 (NSIA) came in to force on 4 January 2022. We consider the risks posed to real estate investors and the implications for the real estate sector in the…

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Modern black and mirrored building against a grey sky

News: 24 January 2022

Allen & Overy advises BNP Paribas in the securitisation of a real estate loan

Allen & Overy has advised BNP Paribas in relation to the securitisation of a loan granted by the bank to a closed-end real estate alternative investment fund reserved to professional investors and…

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Amazing cityscape of Warszawa, capital city of Poland

Publications: 24 January 2022

Poland: future trends and challenges for the real estate market 2021/2022

In this video, Michał Matera, Partner discusses the key trends he has seen develop in the Polish real estate market including the growth of alternative asset classes, particularly logistics and PRS. 

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Allen & Overy graphic

Publications: 23 April 2020

Covid-19 coronavirus: rent deferrals in commercial and industrial lease agreements in Spain

Following the approval of rent deferrals for residential lease agreements due to Covid-19 outbreak in March, the Spanish Government has now approved on 21 April 2020, the Royal Decree-law 15/2020…

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