Linklaters’ UK real estate head Anne Byrne is to join property investment company Capital & Counties Properties (Capco) as its first legal chief.
Byrne, who advised the company while at the magic circle firm, is set to take on the role in February after becoming the latest in a string of partners to resign from the City property practice this summer (21 June 2012).
Capco said Byrne, in the newly formed role of legal counsel, would be the principal legal adviser to the company’s board and senior management and “play a pivotal part in the development of future corporate strategy”. She will be Capco’s first in-house lawyer.
Capco CEO Ian Hawksworth said in a statement: “Her wealth of experience and knowledge in UK real estate law will be a great addition to the company as we continue to pursue our ambitious strategy going forward.”
Byrne, a Linklaters partner since 2001, advised Capco on a joint venture with entities owned by Hong Kong’s Kwok family last year to develop a 7.5 acre site at Seagrave Road, Earls Court, into a residential complex.
Her other clients included Capital Shopping Centres, ProLogis and UBS.
Readers' comments (8)
Anonymous | 16-Aug-2012 10:14 am
Linklates is such a tough firm, it must be cutting its partners account, no a friendly firms to stay
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Anonymous | 16-Aug-2012 12:58 pm
Indeed
Linklaters seems determined to destroy its formerly market leading smaller departments - real estate, incentives. What next?
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Anonymous | 16-Aug-2012 1:08 pm
I moved out of an MC firm some while back. I did it because I was unhappy there. It made no financial sense, but I'm glad I did. Silly comments like this make me think that I was right to be concerned that people would think I'd been kicked out (though fortunately, they didn't seem to).
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Anonymous | 16-Aug-2012 2:06 pm
Links real estate practice once was an oiled army vessel feared by others, now it has shrunk to a support practice, sacrificed to the profit hunger of the so-called "finance" and "corporate" goeroes...what a shame
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Anonymous | 16-Aug-2012 2:25 pm
Asset Finance and Tax will be next.
There's no shame any more in being asked to leave an MC firm - it's just a question of when. It's a numbers game and the selection processes are rarely meritocratic - it's often the corporate drones who are left behind, and friends of management.....
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Anonymous | 16-Aug-2012 3:38 pm
This looks like a fantastic move for Anne B. Why would any self respecting property lawyer want to stay at a firm where what they do is clearly no longer valued?
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Care bear | 16-Aug-2012 3:52 pm
Asset finance at Links = no partners left, they're being made to do the work by bank clients and trying to exit the market
Not sure Links would exit tax - the team is very good, and the work profitable (or at least it should be). And they're looking to grow litigation and regulatory (at least until M&A returns).
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