CLE Webinar: Cross-Border Real Estate Investment in the United Kingdom
CLE
March 20, 2019
WHEN:
March 20, 2019
WHERE:
Shipman & Goodwin attorneys Kent Nevins, Michael Fritz and Lisa Zana will be joined by attorneys William Clements, Andrew Sneddon, Ayda Habboush, and Tom Barton from the UK firm, Trowers & Hamlins for a complimentary CLE webinar that will focus on successfully structuring and implementing cross-border real estate transactions in the United Kingdom.
We will provide an overview of current trends in the UK real estate market, and discuss how tax-efficient acquisition structures may be achieved. Panelists will talk through the practical differences (and similarities) between the UK and the US in terms of equity investment structures, acquisition and leasing transactions. The audience will have the opportunity to ask questions of panelists during the webinar.
Topics will include:
- Current trends across UK real estate asset classes, including offices, industrial/logistics, retail and residential (apartments and student housing)
- Tax considerations on acquisitions, including choice of jurisdiction for holding companies, tax-efficient holding structures, use of debt to mitigate tax liabilities and the practical issues that arise from them
- Equity investment considerations including structures, use of debt to mitigate tax liabilities and the practical issues that arise
- Management rights, capital contributions, fees, distribution waterfalls and exit rights
- Leases in the US as compared to the UK; in particular the concept of the UK "institutional lease", lease lengths, rights of renewal, repair obligations, assignment and underletting, and investigating title
Glenn Cunningham, Shipman & Goodwin Partner and Chair of the Board of Directors of Interlaw, will provide an introduction to the program and how the Interlaw relationship allows a global network of member firms to offer clients high quality legal advice via a single point of contact.
Continuing Learning Education (CLE)
This CLE Program has been approved in accordance with the requirements of the New York CLE board for a maximum of 1.0 credit hour, of which 1.0 can be applied toward the Professional Practice requirement. This program is appropriate for both transitional and nontransitional attorneys.
Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approves or accredits CLE providers or activities. It is the opinion of this provider that this activity qualifies for up to one hour toward your annual CLE requirement in Connecticut, including zero hour (s) of ethics/professionalism.
*Please note that this program is scheduled for 1 hour. The additional 1/2 hour is allotted for Q&A if required.