BLP, Nabarro win Hermes panel places

Berwin Leighton Paisner and Nabarro have won places on the Hermes Real Estate panel, joining retained firms Lawrence Graham and Maxwell Winward. The appointments followed a beauty parade focusing on service levels and fees. Hermes Real Estate, which until last year was known as Hermes Property Asset Management, is the asset manager for Hermes Pension Management. It is believed to have an annual legal spend in excess of £4m. Hermes’ other property subsidiaries, MEPC and Argent, are advised by Linklaters and Lovells respectively.