The fast-paced Premier League last week handed two lucrative deals to LB100 firms Gateley, Howard KennedyFsi, Hill Dickinson and DWF, as West Ham sold its iconic Upton Park ground and Everton Football Club (FC) entered a five-year partnership with Umbro.
Birmingham-based firm Gateley and West End firm Howard KennedyFsi advised on West Ham’s sale of Upton Park to Galliard Group after the team won the rights to use the Olympic Stadium for its new ground from 2016. Continue reading “Premier League: Gateley advises West Ham on sale of Upton Park as DWF gets behind Everton on Umbro signing”
Clifford Chance (CC), Taylor Wessing and Burges Salmon have emerged as the pace setters for real estate work in the first few days of 2014, with each having completed significant UK commercial property deals recently.
Clifford Chance advised GIC, Singapore’s sovereign wealth fund, on both the purchase of a 50% interest in the Broadgate Estate from Blackstone Real Estate Partners Europe III and Blackstone Real Estate Partners VI and GIC’s 50:50 joint venture with British Land to ‘enable the future development of the estate,’ according to the firm.
Continue reading “Real estate round-up: Clifford Chance, Taylor Wessing and Burges Salmon start New Year on front foot”
Newly-formed rental property developer Essential Living has appointed a ten-strong panel of law firms to its roster as it focuses on ambitious development targets for the coming year, with Taylor Wessing and King & Wood Mallesons SJ Berwin securing advisory roles ‘with an overarching brief to provide corporate, finance and delivery advice,’ a statement said today (26 November). Continue reading “Panel review: Taylor Wessing and KWM SJ Berwin secure spots on property developer Essential Living’s ten-strong panel”
It’s been a week for the traditional corporate bluebloods to shine in real estate-related work, with Macfarlanes, Slaughter and May and German royalty Hengeler Mueller individually winning significant transactions.
Macfarlanes secured a key role advising CBRE Britannica on the sale of its shopping centre portfolio for £250m to US investor Kennedy Wilson, advised by Herbert Smith Freehills.
Continue reading “Real estate round up: Macfarlanes, HSF, Slaughter and May and Hengeler Mueller each win key commercial property mandates”
Unsurprisingly, what little major real estate work that is around has found its way to the usual trio of law firms – Berwin Leighton Paisner, Hogan Lovells and Nabarro. And while the usual suspects continued to do what they do best, 2012 Legal Business real estate team of the year, Mishcon de Reya, has strengthened its team with a key lateral hire.
Hogan Lovells is representing fellow international firm CMS Cameron McKenna over plans to move its entire London operation to the newly developed Cannon Place site above Cannon Street station, where it has agreed to take a 25-year lease, when it vacates its existing premises at Mitre House in 2015. The scheme is a joint venture between international real estate firm Hines and Network Rail. Continue reading “Real estate round up: Hogan Lovells, BLP and Nabarro show credentials while Mishcons makes key hire”
TLT has been named as the BBC’s sole provider advising on property legal services across its estate in England and Wales.
Legal Business understands that the tender saw TLT up against heavyweight property firms including Hogan Lovells and Nabarro. The broadcaster’s incumbent property adviser was Bond Pearce.
TLT’s 17-strong real estate team, which operates across the firm’s Bristol and City offices, includes head of real estate Andrew Glynn, property litigation partner Mark Routley, and partner Stephen Elliott who joined TLT’s City office from Hogan Lovells in 2011.
Continue reading “TLT beats heavyweight players to win BBC property role”
Addleshaw Goddard real estate partner Paula Dillon is to join newly merged Bond Dickinson in its first post-merger hire.
Dillon, who was recruited by legacy Dickinson Dees before its merger with Bond Pearce, will join the Leeds office next month. The merger goes live on 1 May.
Continue reading “First partner appointment for newly merged Bond Dickinson”
Eversheds has bolstered its Manchester offering with the hire of an eight-lawyer contentious construction team from McGrigors just months before the Scottish firm is due to tie the knot with Pinsent Masons.
McGrigors’ Manchester chief David Moss and construction disputes partner Paul Giles joined Eversheds in March, along with six additional lawyers. The team provides combined expertise in the energy and utilities sectors.
Continue reading “Eversheds boosts construction practice with McGrigors team”
It’s been a bleak few years for real estate departments but, after an active 2010 with some major headline deals, the London market is picking up as the regions remain in the doldrums. LB looks at a very different kind of property market
Got any advice for a budding young real estate lawyer? ‘Become an accountant,’ laughs veteran Herbert Smith real estate partner James Barnes, as he surveys the moribund UK property market.
Continue reading “The Real Estate We’re In”
The past few years have seen dramatic changes at Lawrence Graham and Nabarro, two firms hit hardest by the real estate downturn. But as LG approaches its 300th anniversary, it is looking its age, while Nabarro still has its bite
Before you embark on a rebrand there’s so much to consider. How much are you willing to invest in a renaming and follow-up marketing campaign? How do you attract new clients without alienating longstanding business partners? Will you share your identity with a household-name electronics manufacturer? Evidently, the last issue is easily overlooked. Continue reading “Crunch time”