The Lawyer Global Litigation Top 50 report is the only ranking of international law firms by litigation and arbitration revenue and is essential reading for anyone seeking to benchmark their litigation and dispute resolution practices...
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To prove to doubting managing partners that business gets done at Mipim, Nabarro Nathanson has just closed a deal that originated at Mipim 2003.
The firm advised Jones Lang LaSalle (JLL) Corporate Finance on raising in excess of £23m of private equity to fund the 30-storey Bridgewater Place tower development in Leeds city centre. This is the first time JLL has raised funds from private investors, and the work came to Nabarros through a longstanding contact of the deal’s lead partner Simon Staite.
“It was one of the directors, Tony Edgely, who I know from a large job half a dozen years ago,” said Staite. “We first discussed it at a lunch in Mipim last year.”
The project will cost more than £85m, with completion due in 2006. It combines residential and office space, with room for restaurants and retailers. Fifty per cent of the building has already been pre-let to Eversheds on a 20-year lease.
Bridgewater Place was advised by Addleshaw Goddard and Hammonds advised Barclays Bank, which provided the external debt.