Commercial space - optimising use, maximising value

An increasing challenge for owners, investors and property managers is how to optimise the current and prospective uses of commercial space in order to maximise value. Often, this is achieved through mixed use schemes and making the most of planning policies and “tools” such as permitted development rights. With tenant demands and expectations changing, novel uses emerging and different types of user now co-existing, this is a dynamic and developing area. However, there can be obstacles, uncertainty and risk for those seeking to maximise land use in this way.

In this breakfast briefing our panel address the legal, planning, commercial and market considerations involved.

The panel comprised:

• Simon Wilkes, Head of Business Space Development at Legal & General Investment Management, Real Assets
• Rory Paton, Partner - Central London Agency, Knight Frank
• Simon Gardiner, Partner, Simmons & Simmons
• Christian Silk, Head of Planning and Environment, Simmons & Simmons