Scope of work
MFMac is the principal legal adviser to The Charlotte Square Collection regarding the ongoing and sensitive redevelopment and regeneration of Charlotte Square, Edinburgh, to provide modern Grade A office accommodation within the heart of Edinburgh's New Town.
The Charlotte Square Collection is home to wealth managers, international financial institutions, private family offices and other corporate occupiers. To date, we have supported the redevelopment of over 14 townhouses across six different construction projects, and most recently, we have assisted with the conclusion of various lease deals to occupiers at multiple properties within the Collection, including, amongst others, Interpath, Chanel, Kiltearn Partners, Hampden & Co, Baxters Food Group and Citadel.
Key highlights
- For over 15 years, we have delivered the business plan in partnership with the client and its other advisers and consultants.
- We acquired all the assets, set up the management and reporting structures, and created bespoke documentation unique to the scheme.
- Ongoing support in relation to the asset management of the portfolio.
- A collaborative approach to drive the client's commercial objectives.
- MFMac applying its deep understanding of the real estate sector in Scotland to support the regeneration of this unique urban estate.
Delivering results
With multiple stakeholders and interested parties, redeveloping such a high-profile and unique set of properties within a UNESCO World Heritage Site was very challenging. We are proud to have been able to work with our clients on such a prestigious project over many years. Throughout that period and in sometimes complex and time-critical situations, we have provided clear and unequivocal legal advice where required. Our ability to provide that long-term and consistent legal support has contributed to the client and its other advisers implementing their long-term vision for Charlotte Square, fulfilling the client's commercial objective to create a truly world-class and high-quality urban estate.
