Real Estate News
Weil Gotshal & Manges and McDermott Will & Emery have acted on the Barclay brothers’ sale of Claridges, the Berkeley and the Connaught to Qatar-owned Constellation Hotels, ending years of litigation concerning the ownership of the hotels.
Eversheds has lost a team of nine lawyers, including four partners, who all depart for King & Wood Mallesons (KWM) on Thursday (23 April).
Berwin Leighton Paisner (BLP) has advised Round Hill Capital on the £600m sale of its Nido student accommodation real estate portfolio to Greystar Real Estate Partners, represented by Jones Day.
General Electric (GE) has called on Hogan Lovells to advise on the $26.5bn (£18.07bn) sale of its real estate business GE Capital Real Estate to Blackstone Group, advised by Simpson Thacher & Bartlett, and Wells Fargo, advised by Dechert.
Exclusive: Gateley hit by multi-million pound professional negligence suit from property development client
Property developer Empirical Property Group (EPG) has filed a claim to sue Gateley for breach of contract and professional negligence.
Law firms that moved to King’s Cross and Southbank for cheaper rents and business rates could see their bills increase by up to 25 per cent following the Government rental valuation assessment, which starts in April.
Real Estate Briefings
When a housing association sought possession against a tenant with severe mental health problems…
First-time buyers ‘need inheritance windfalls’ download subscription
Almost half of parents believe their children will only be able to buy their first home through an inheritance windfall, new research reveals.
Are you ready for the Mortgage Credit Directive? subscription
The aim of the directive is to ensure that consumers who purchase a property are protected against the risks. It also introduces EU harmonisation requirements on lenders.
Despite a growing momentum in favour of alternative and ‘agile’ working models, many firms are still struggling to find a way to fit their working practices around reducing their property costs.
In association with Fox Rodney, Saunderson House and Thomson Reuters
Panellists at The Lawyer ’s recent Romania briefing heard much to encourage them to get involved in the country
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.