Michelmores Michelmores
Michelmores Michelmores
  • Home
  • Expertise
  • People
  • Insights & Events
  • Careers
  • About
  • ESG
  • Contact
Share
Published September 4th 2015
Home > News & Insights > Article

Protecting your future position

Protecting your future position
 

Autumn is definitely upon us, and, like many, I’ve been musing about what the “new school term” holds for real estate investors and developers.

For what it’s worth, my thoughts are as follows:-

We live in dynamic times. Whilst yielding significant benefits, the global village phenomenon does increase investors’ and developers’ sensitivity to factors which previously might have seemed a little off radar.

In this context, it pays to be poised to take informed decisions.  It also pays to have reduced lead times, should you decide you need to take action.

Hence, I will be counselling clients that the prudent approach would be to invest time now in planning for the future and creating maximum “optionality”.

As we all know, with the increased complexity of transactions, “upfront” is where the real value is created, in the early planning stages.

“Managing by fact”, means that we have to fully understand our present position, before taking action.

Hence, for a minimal outlay, why not commission now high level reviews of title, planning, construction, finance, environmental, employment and regulatory documentation to assess “fitness for purpose”, and identify gaps or issues requiring corrective action.

The next logical step would be to obtain pragmatic and cost effective advice on tackling issues which impact or might potentially impact on your key objectives.

Budget based options, threat and opportunity analysis, including advice on possible tax planning and structuring opportunities, would also be a wise move.

All of this ground work could be recycled into Reports or Property Summaries for use in later Marketing Materials or Information Memoranda.

Lastly, although not a sexy topic, robust data on demand, in real time, is what life is increasingly about.   Hence, we all need Document Management Systems which create a “single source of truth”, so that we can, with speed, capture, analyse, store and disseminate data for a range of different purposes, in differing formats; all whilst complying with relevant corporate and regulatory requirements. Accordingly,  doing some “house keeping” on the creation and maintenance of Document Management Systems and the setting up of Data Rooms, if appropriate, would be no bad idea.

Ok, so, I will come off my soap box now.  I do feel like I may have given a somewhat school masterly rant, but if you are interested on how we could tailor this advice to your unique circumstances, please do get in touch.

Share
EVENTS
Michelmores Property Awards Awards
Michelmores Property Awards

Celebrating the best of property, development and construction in the South West The Michelmores Property Awards celebrate the best property, development and construction projects in...

MORE
02/07/2025 6:15 pm
Sandy Park Conference Centre, Sandy Park Way, Exeter, EX2 7NN

Contact us

+44 (0) 333 004 3456

enquiries@michelmores.com

Subscribe to updates

  • Quick Links
    • Online Payments
    • People
    • About
    • Careers
    • Staff Login
  • Legal & Regulatory
    • View all policies
    • Privacy Policy
    • Website Terms
    • Cookie Policy
    • Modern Slavery Act

Locations:

  • london
  • cheltenham
  • bristol
  • exeter

© Michelmores LLP is a Limited Liability Partnership, authorised and regulated by the Solicitors Regulation Authority (SRA authorisation number 463401) and registered in England and Wales under Partnership No. OC326242.
The registered office is Woodwater House, Pynes Hill, Exeter, EX2 5WR. A list of the members (all of whom are solicitors or barristers) is available for inspection at the registered office and at michelmores.com

  • © 2025 Michelmores LLP. All rights reserved
  • Website maintained by Appeal Digital