Addleshaw Goddard promotes managing associate Vicky Niescier to partner
Addleshaw Goddard has promoted Manchester-based managing associate Vicky Niescier to partner with immediate effect, bringing the total number of partners in the firm’s real-estate division to 29.
Niescier has experience acting for a range of institutional investors and national companies, including Standard Life Investments, in relation to all aspects of their property portfolios, ranging from sales and acquisitions to landlord and tenant work.
Niescier joined Addleshaw Goddard in 2002, and her appointment follows eight internal partner promotions earlier in the year and more than 20 lateral hires during the recent 2013–14 financial year.
Recent highlights include advising:
- Admiral Taverns on its £200m acquisition by Cerberus
- Bruntwood on a £221m five-year financing facility
- Co-operative Group on the £142m sale and leaseback of the group’s new headquarters at One Angel Square and on its £800m NOMA project
- Croydon Council Urban Regeneration Scheme — a 28-year regeneration project
- HS1 in relation to its real-estate work across St Pancras, Stratford, Ebbsfleet and Ashford stations
- Malaysian investment funds on the purchase of numerous London properties
- Numerous retailers and retail landlords in relation to a range of high-value, high-profile schemes
- Royal College of Music’s £44m student housing scheme
- Standard life on the £471m conversion of the Standard Life Investments UK Property Fund from an authorised property unit trust (APUT) to a property authorised investment funds (PAIF)
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The past five years have not been easy for Addleshaw Goddard. The firm’s revenue fell 7 per cent from £173.1m to £161.9m between 2008/09 and 2010/11 and despite finances looking up in 2011/12, when Addleshaws reported a 30 per cent increase in net profit, it has shown no notable compound growth in turnover since 2007/08.