Real Estate News
Berwin Leighton Paisner (BLP), Clifford Chance and Taylor Wessing were among a lineup of five firms that advised on the largest property deal ever completed on London’s South Bank, the £550m Shell Centre redevelopment by Centrepoint owner Almacantar.
Financial services giant Prudential is currently in the process of reviewing its legal panel with the line-up set to be announced imminently.
Trowers & Hamlins’ international net profit has plummeted by 96 per cent from £2.5m to £100,000 in the last financial year.
Housing associations Thirteen Group and Midland Heart have both announced their intention to create new legal panels.
US firm Greenberg Traurig has picked up Olswang’s Berlin team to launch in Germany, its fourth European office.
DAC Beachcroft has named its new leadership team with insurance head David Pollitt and Leeds senior partner Virginia Clegg taking over as managing and senior partner respectively.
Real Estate Briefings
Exoneration for the nation – the capricious remedy download subscription
Equity of exoneration is still open to the interpretation of the judge.
Residence permits for investors in Greece download subscription
Travelling throughout the Schengen area and receiving rent are just two advantages.
Is happiness really a room without a roof? download subscription
Come on all you commercial tenants with full repairing leases – get happy!
Boodle Hatfield may have set a trend when it vacated its 300-year Mayfair seat, with firms – both in London and nationwide – being forced by soaring property prices to get creative with their real estate.
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
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.