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International Edition

Iberia: Building the road ahead

Portugal currently has a significant public-private partnership (PPP) market, with several projects already concluded and many more in the pipeline. As a percentage of gross domestic product, the country has the highest level of investment in PPP/private finance initiatives (PFI) in the EU. Although the road sector is the most active, there is also a variety of other projects in sectors including energy, railways, waste, prisons, healthcare and airports.
8 minute read

International Edition

Iberia: Remodelling the real estate market

The Bill introducing the long-awaited Sociedades Cotizadas de Inversion en el Mercado Inmobiliario (SOCIMIs) in Spain - similar to the UK's Real Estate Investment Trust (REITs) - was finally passed on 26 October 2009 after a complete change in circumstances resulting from the real estate crisis. Although the Spanish Government has been heavily criticised for not introducing REITs when the real estate market was at its peak, some experts consider that the introduction of SOCIMIs could be the appropriate incentive to restart the Spanish market.
7 minute read

International Edition

Eversheds public sector partner makes switch to Beachcroft

Beachcroft has expanded its public sector team with the hire of Eversheds partner Eve Gregory. Gregory joins the national firm today (1 March) as a partner in the Leeds office after serving nine years as a partner at Eversheds, where she was responsible for the UK top 10 firm's health estates group in the north.
2 minute read

International Edition

Field Fisher Hamburg partner duo quit to launch new business

Field Fisher Waterhouse has seen two of the founding members of its German practice leave the firm. Partners Frank Moerchen and Thomas Demmel, who helped to launch the firm's Hamburg office in 2007, are leaving Field Fisher to set up their own business. The pair will launch CORE Business Lawyers in early March. The new business will focus on corporate and real estate transactions.
2 minute read

International Edition

Camerons real estate chief in Bristol move as firm aims to compete with nationals

CMS Cameron McKenna's real estate head Edward Benzecry is set to relocate to Bristol as he steps down from leading the practice group. Benzecry, who was not eligible to stand for a third four-year term leading the real estate practice, is due to relocate on 1 May.
2 minute read

International Edition

A&O set to launch new office in Qatar with transfer of City partner

Allen & Overy (A&O) is set to launch an office in Qatar with the relocation of City real estate partner Robert Porter. The magic circle firm received approval from the Qatar Financial Centre Regulatory Authority earlier today (15 February), allowing it to practise both international and local law from the office.
3 minute read

International Edition

Manches real estate partner in Cripps switch

Cripps Harries Hall has expanded its real estate team with the hire of Matthew Cox from Manches. Cox joined the firm's Tunbridge Wells office as a partner in the property team last month (1 January) after serving almost eight years as a non-contentious partner at Manches' London arm.
2 minute read

International Edition

Reed Smith invests in City real estate with Olswang partner hire

Reed Smith has bolstered its London real estate practice, making its second lateral hire into the group within a month. Real estate partner Philip Olmer is set to join the international firm next month from Olswang, where he has been a partner for more than a decade.
2 minute read

International Edition

Government infrastructure body names Linklaters as sole legal adviser

Linklaters has been named as the sole legal adviser to a new Government body intended to co-ordinate infrastructure projects in the UK and aid private sector investment. The magic circle firm has been appointed to advise Infrastructure UK (IUK), which was set up towards the end of last year as part of the Pre-Budget Report in a bid to prioritise and fund infrastructure in the UK over the next 50 years.
2 minute read

International Edition

Eight partners to join Clydes as firm confirms Shadbolt merger details

Clyde & Co has finalised plans to acquire parts of construction boutique Shadbolt, it was announced today (25 January). The UK top 20 firm is set to take over Shadbolt's London-based construction and infrastructure projects and disputes groups, as well as its UK corporate practice and Paris office.
3 minute read

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