Pinsent MasonsPinsent Masons Hits K&L Gates for Double Partner Hire
The hires deliver a boost to the firm's property practice.
November 15, 2024 at 07:47 AM
2 minute read
Pinsent Masons has hired two real estate partners to strengthen its property offering in London.
Partners Tim Webb and Emma Maher are joining the firm's property practice from K&L Gates.
The pair specialise in advising on corporate real estate transactions, particularly in the residential build-to-rent sector.
According to the head of Pinsent Masons’ property group, Richard Griffiths, the Labour government’s new housing targets, combined with an anticipated decline in interest rates, have made the U.K. an attractive market for investors.
The hires come not long after the firm Pinsent Masons posted a 7% uptick in revenue to £649.6 million.
The firm's profit per equity partner dipped by half a percentage point to £793,000. In 2023, the figure was £797,000.
Webb said: “This wave of activity needs to be supported by changing legislation and regulation to speed up the delivery of these important housing projects across the UK. Investors and developers will need to make sure they’re on top of these changes to realise their full benefits.”
Maher said: “Joining a firm with such a strong sector-led focus allows clients to benefit from a truly unified, holistic approach, including planning and tax as well as facilitating corporate wrappers for real estate projects.”
K&L Gates has not responded to a request for comment.
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