Posted on March 9, 2017
Evening Seminar: Developing Land – Brownfield Sites
The land available for development is scarce. With greenbelt protection in place for the foreseeable future, developers will often have to work on brownfield sites – but these can come with a whole host of challenges relating to their former use. The issues can range from covenants and rights affecting the site to environmental issues and contamination, and this seminar will guide you through them.
Adam Keith will discuss the legal risks affecting development sites which are often discovered at the acquisition stage. Rights to Light is another challenge that’s becoming increasingly common for developers, and Adam will also cover recent changes in the law and the insurance solutions available.
How can insurance be used to manage the environmental liabilities associated with brownfield sites? Duncan Spencer will examine this issue, focusing on how it can play a key part in backing or replacing indemnities given to vendors or future purchases – unlocking the transaction and maximising value.
Choosing the right provider is critical to the saleability of brownfield site developments. Brian Kilroy will explain the potential issues and risks that face property developers and construction professionals when considering which new home warranty provider, or latent defects insurer, to engage on this type of site.
Date: April 20th 2017
Location: City of London Club, 19 Old Broad Street, London, EC2N 1DS
For further information on this topic, please contact Bryony Ireland at [email protected].
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