Trustees of pension schemes frequently invest in commercial property; this is especially the case for specialised pension schemes such as Small Self-Administered Schemes and Self-Invested Personal Pensions.
Employers participating in occupational defined benefit schemes, may also wish to grant a legal charge or standard security over commercial property they own in favour of the trustees of their scheme, either to provide the trustees with additional security or to mitigate the costgs of the annual PPF levy.
Our pensions team works with us to ensure that the documentation for the sale or purchase of commercial property, leases, and for any associated borrowing, meet the specific requirements of pensions, trust, and tax law.