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NDA Properties Limited meaning

Published by a LexisNexis Energy expert
What does NDA Properties Limited mean?
nda Properties Limited describes the group company used by the NDA to own, manage and dispose of property interests within the NDA estate. In practice, it is the NDA’s wholly owned subsidiary acting as the property‑holding and estate management vehicle, and is frequently the named counterparty in real estate transactions (for example, sales and purchases, leases, licences, wayleaves/easements, servitudes and facilities management contracts). The term is not defined in legislation or case law; it is a descriptive reference to that specific company within the NDA group. Key legal features include its role as legal title holder or landlord/tenant, its authority to grant or take property rights, and its function in asset management, occupation and development. Usage is broadly consistent across England and Wales, Scotland, Northern Ireland and Ireland, although local property law terminology may differ (for example, heritable property and servitudes in Scotland). Practitioners should verify the company’s correct name, incorporation details, capacity and authority, and ensure that execution blocks, governing law and jurisdiction clauses accurately reflect the company’s status within the NDA group and the relevant property law regime.
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