Real Estate Opinion
Eye-catching defections tend to be from corporate or finance departments, so it was a nice change for us to report last week a notable news story in real estate, a practice area that – outside magic circle firms’ covert downsizing – rarely sees dramatic team moves.
Apologies for lateness today. Anyone at MIPIM will understand why. Frankly, you’re lucky to be getting a blog at all.
It’s Thursday, and it has been a busy few days, Wednesday was the usual hectic mix of meetings and parties; this year I preferred Uber to using my legs to get from the Martinez to the Raddison Blu.
There was many a bleary eye this morning as day three of MIPIM got started…albeit slowly.
If yesterday was a chance for everyone to settle in, then day two of MIPIM is already living up to its reputation of being the busiest of the week.
Real Estate News
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Berwin Leighton Paisner (BLP), Clifford Chance and Taylor Wessing were among a lineup of five firms that advised on the largest property deal ever completed on London’s South Bank, the £550m Shell Centre redevelopment by Centrepoint owner Almacantar.
Financial services giant Prudential is currently in the process of reviewing its legal panel with the line-up set to be announced imminently.
Trowers & Hamlins’ international net profit has plummeted by 96 per cent from £2.5m to £100,000 in the last financial year.