For this award, judges will look for a standout example of real estate-related work, including financing, development or construction, or cases and transactions in planning, environment and regeneration areas. Judges will also look for evidence of cutting-edge advice on complex matters.
2017 JOINT WINNERS: Gowling WLG and Hogan Lovells
Richard Beckingsale (Gowling WLG) and Nicholas Roberts (Hogan Lovells)
Gowling WLG and Hogan Lovells are our joint winners in this category for their work advising on the regeneration of Brent Cross Cricklewood – one of the largest mixed-use developments in the UK
BERWIN LEIGHTON PAISNER
Chris de Pury
In a strong endorsement of BLP's leading commercial real estate practice, the Crown Estate awarded the firm the sole mandate for its £7bn Central London property portfolio. This comprises eight million square feet of commercial property across Regent Street and includes a £1.5bn investment and redevelopment programme in the area.
Advised Intu Properties in acquiring the remaining 50% stake in the Merry Hill estate from Queensland Investment Corporation for £410m. This complex deal saw Intu buy out the Intu Merry Hill shopping centre, two retail parks, office and leisure uses and development land from their joint venture with QIC.
NORTON ROSE FULBRIGHT
Successfully representing London City Airport on the planning appeal and compulsory purchase orders for its £344m expansion project, the City Airport Development Programme. The scheme will deliver a passenger terminal extension, additional aircraft stands and a full-length parallel taxiway over King George V Dock.
Advised the joint venture between clients Angelo Gordon and Trinity Investment Management on the £95m acquisition of Mars Pension Fund’s Business Environments for Science and Technology (BEST) – the UK’s largest portfolio of privately-owned science parks.
WHITE & CASE
Advising Digital Realty, a New York Stock Exchange listed REIT, on one of the most competitive and valuable auctions of a real estate portfolio of 2016 – the £665m data centre portfolio acquisition from Equinix. This was the first divestiture of this real estate asset class directed by the European Commission.