Real Estate Legal News Coverage

International Edition

UK trio win out in Standard Life Investments panel review

By Legal Week | October 26, 2009

Dundas & Wilson, Herbert Smith and Addleshaw Goddard have all been reappointed to Standard Life Investments' real estate funds panel. The firms successfully tendered to remain on the real estate funds panel for another three years, with Dundas & Wilson set to carry out all property work in Scotland, while Herbert Smith and Addleshaws will continue to advise on property work in England.

2 minute read

International Edition

Linklaters signs up Spanish public law partner from CMS member firm

By Legal Week | October 23, 2009

Linklaters has bolstered its Spanish public law and regulated sectors practice with the hire of Jose Gimenez from CMS Albinana & Suarez de Lezo. Gimenez will join Linklaters' Madrid arm as a partner next week (26 October) and will head up the firm's public law and regulated sectors practice.

2 minute read

International Edition

CC real estate chief McAuley voted in for second term

By Legal Week | October 16, 2009

Clifford Chance (CC) has re-elected global real estate chief Cliff McAuley for another term. McAuley, who has been a partner with the firm for 14 years, was first voted into the role in 2003. The election was uncontested, with the new term beginning on 1 January.

2 minute read

International Edition

Linklaters lands Government role on £16bn asset sell-off

By Legal Week | October 12, 2009

Linklaters has been drafted in by the Government to advise on the potential sale of £16bn worth of assets over the next two years in a bid to reduce the UK's budget deficit. The magic circle firm is understood to be one of a number of top law firms in line to benefit from the UK Government's plans to sell a portfolio of assets including the student loan book and the Dartford Crossing.

2 minute read

International Edition

Sixteen firms win roles on unified London borough councils panel

By Legal Week | October 12, 2009

Sixteen firms including Eversheds, Pinsent Masons and Kennedys have won spots on the first panel of advisers assembled by the London Boroughs Legal Alliance (LBLA). The firms will be appointed for three years to provide legal services to six London boroughs - Camden, Harrow, Hammersmith & Fulham, Hillingdon and Hounslow London Borough Councils and the Royal Borough of Kensington & Chelsea - which have clubbed together to pool their legal services in a bid to reduce legal costs.

2 minute read

International Edition

Barratt Homes almost halves regional panel

By Legal Week | October 06, 2009

Barratt Homes has put the finishing touches to its regional legal panel, with the housebuilder almost halving the number of firms on its roster. The company has cut its panel - which does not cover mainstream corporate work - down from around 40 firms to 19 as a result of the review, which was completed over the summer. All of the successful firms will sit on the panel for three years.

2 minute read

International Edition

Hammonds loses three more partners as trio hand in notice

By Legal Week | October 02, 2009

Hammonds is to lose two equity partners with construction partner Rupert Cowen and real estate partner Martin Fleckenstein set to leave the national firm. Both partners handed in their notice earlier this week (30 September), on one of only two days each year on which equity partners are able to resign from Hammonds.

2 minute read

Legal Week

Commentary: Trophy deals help real estate lawyers dream of better days

By Legal Week | September 30, 2009

If there's one practice in desperate need of a boost, it's real estate. With the sector the first to feel the pain of the credit crunch, deals have been painfully thin on the ground for two years now. And news last month that Eversheds was to make more property job cuts was a reminder that many are not expecting a rapid rebound. But those real estate advisers lucky enough to still have a job may be able to start breathing a little more easily as the signs are finally pointing towards some form of recovery in the commercial property sector. In particular, Blackstone Group's joint venture with British Land in the £2.13bn Broadgate Circle estate in London was probably the most visible indication of the kind of trophy deal that has been missing but there have been some other signs.

9 minute read

International Edition

Commentary: Trophy deals help real estate lawyers dream of better days

By Legal Week | September 30, 2009

If there's one practice in desperate need of a boost, it's real estate. With the sector the first to feel the pain of the credit crunch, deals have been painfully thin on the ground for two years now. And news last month that Eversheds was to make more property job cuts was a reminder that many are not expecting a rapid rebound. But those real estate advisers lucky enough to still have a job may be able to start breathing a little more easily as the signs are finally pointing towards some form of recovery in the commercial property sector. In particular, Blackstone Group's joint venture with British Land in the £2.13bn Broadgate Circle estate in London was probably the most visible indication of the kind of trophy deal that has been missing but there have been some other signs.

3 minute read

International Edition

Bevan Brittan, Shoosmiths miss out as Zurich cuts back adviser roster

By Legal Week | September 23, 2009

Bevan Brittan and Shoosmiths have lost their places on Zurich's non-claims related legal panel after the financial services company completed a review of its legal advisers. Beachcroft and Pinsent Masons retain their spots as the two main firms on the panel, while Tanners has been retained to carry out some real estate work.

2 minute read

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