InfoTrack: Planning risks for commercial real estate transactions – what you and your clients need to consider

With UK development targets for housing set at 300,000 new properties each year until 2025, it’s important to make sure you and your practice team are alert to development risks, as well as opportunities, on behalf of your client, particularly as nearly one-third of properties have a high risk of development within 75m.

We’ll be joined by Paul Addison, Managing Director of DevAssist, who will look at the challenges with identifying development risk and the implications for commercial property transactions, including:

• How a developer views land, and the very real impacts of construction on existing property
• How seemingly benign locations are transformed, leaving both lawyers and their clients exposed to financial damage
• National Planning Policy
• Five year housing supply and its importance
• Strategic Housing and Economic Land Availability Assessments (SHELAA)