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Archive for April 23, 2021

Client Focus: Gary Goodman, BXB Land Solutions Ltd

Colin Dean April 23, 2021 News

Gary Goodman

We spoke to Gary Goodman, Land & Planning Director at BXB Land Solutions Ltd, an investor developer that seeks to work with blue chip organisations in adding value to their redundant land assets.

Gary is a qualified Town Planner, with twenty-five years of experience of working within the public and private sectors. He has participated in a number of successful strategic brownfield projects which have delivered new residential, commercial, leisure, retail and community uses.

BXB has a strong track record of identifying viable land opportunities and successfully delivering them to the end user market. Their working knowledge of the development, planning and delivery process enables BXB to secure market value for land that is often considered to have a negative land value.

Commercial rents – what happens once the moratorium lifts?

Colin Dean April 23, 2021 News, News - Property and Construction, Team - Property

Fergal O’Cleirigh

The statutory moratorium on lease forfeiture for commercial leases is set to expire at the end of June 2021. If it is not extended then tenants who have taken advantage of this will be required to resume rental payments as well as to pay any rent that has accrued during the moratorium.

We have received enquiries from tenants and landlords over the last few weeks anxious to understand what they can do about rent arrears and enquiring whether now is a good time to negotiate a new lease.

Our general thoughts on this are set out below. Obviously much will depend on your individual circumstances so it is important you seek specific advice before making any decisions.