Forsters has weathered a slowdown in the real estate market to record 9% revenue growth, although the result brings to an end six consecutive years of double-digit increases. Continue reading “Forsters upbeat as it posts 9% revenue growth despite flat real estate market”
Rising Stars: Infrastructure, Transport and Real Estate
Samantha Sawyer
Legal director
AMEY
Since 2008, Samantha Sawyer has worked for infrastructure service provider Amey, a subsidiary of Spanish multinational Ferrovial. Sawyer is now legal director and sits as a member of the executive team on two of Amey’s core business units, Highways and Consulting and Rail, which together account for around half the group’s revenues.
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Deal watch: Corporate activity in April 2017
HSF AND BLP ADVISE ON £1.1BN CHEESEGRATER SALE
Herbert Smith Freehills (HSF), Berwin Leighton Paisner (BLP) and Mayer Brown led as the owners of London’s tallest tower, known as the Cheesegrater, agreed to its sale for £1.1bn. HSF and Mayer Brown advised joint owners British Land and Oxford Properties Group, while BLP assisted buyer CC Land Holdings.
Continue reading “Deal watch: Corporate activity in April 2017”
Doubling up: Freshfields scores roles on Europe’s largest real estate transactions this year
First-time instruction for Kirkland in €2.4bn purchase
Freshfields Bruckhaus Deringer has advised on two of the largest European real estate transactions of 2016 as The Blackstone Group purchased a property portfolio from German real estate group IVG Immobilien for €3.3bn while Singaporean sovereign wealth fund GIC picked up warehouse company P3 Logistic Parks from TPG Real Estate for €2.4bn.
UK projects teams earn their stripes as MoD makes key changes to army deal
Freshfields Bruckhaus Deringer and CMS Cameron McKenna reprised their advisory roles as the Ministry of Defence (MoD) made a £1.1bn extension to the largest accommodation private finance initiative project it has undertaken.
In November the MoD amended its long-running Project Allenby/Connaught contract to include an army basing programme, which will provide new accommodation and improve facilities for soldiers. Negotiations have ensured the original transaction, which had a value of £8bn and was signed in 2006, will continue without disruption.
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‘One of the top teams’: Milbank takes A&O US senior partner in real estate group hire
Milbank, Tweed, Hadley & McCloy has taken on a three-partner team from Allen & Overy (A&O) in New York, including the firm’s US senior partner Kevin O’Shea. Continue reading “‘One of the top teams’: Milbank takes A&O US senior partner in real estate group hire”
Tough times ahead for real estate, capital markets and M&A, says latest NatWest report
Real estate, equity capital markets and M&A practices are expected to slow down significantly in the year ahead, despite UK law firms continuing to be highly profitable and a significant contributor to the economy, according to NatWest’s latest ‘Perspective on the Legal Market’ report out today (8 November). Continue reading “Tough times ahead for real estate, capital markets and M&A, says latest NatWest report”
DLA real estate partner Richard Hopkinson-Woolley to exit for Simmons
Real estate partner Richard Hopkinson-Woolley is to leave DLA Piper for Simmons & Simmons after less than three years at the firm, Legal Business can reveal.
Continue reading “DLA real estate partner Richard Hopkinson-Woolley to exit for Simmons”
Five partners exit Irwin Mitchell as real estate team leaves for Dentons and Howard Kennedy
Irwin Mitchell has lost five partners from its London real estate practice, with a four-partner team defecting to Dentons and one joining Howard Kennedy. Continue reading “Five partners exit Irwin Mitchell as real estate team leaves for Dentons and Howard Kennedy”
‘Not thought through’: City partners call on Government to protect impartiality of Land Registry
Senior lawyers have called on the Government to protect the independence of the Land Registry following proposals to privatise its operations.