Real Estate Legal News Coverage

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

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

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

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

International Edition

MoD review set to cut two firms from coveted UK projects panel

By Legal Week | September 23, 2009

The Ministry of Defence (MoD) has launched a review of its projects panel, with the overhaul set to see two UK law firms trimmed from the eight-strong roster. Law firms have been invited to tender for the coveted panel, which covers the body's public private partnership and private finance initiative (PFI) work, by the end of October. The four-year contracts are to be awarded in January.

2 minute read

International Edition

A&O sees six departures from firm's Milan office

By Legal Week | September 21, 2009

Allen & Overy (A&O) has lost two teams from its Milan office this month, including the firm's entire Italian employment practice. A&O's Italy head of employment and labour law Piergiovanni Mandruzzato, a senior counsel in the firm's Milan office, has joined Italian boutique Lablaw along with two associates.

2 minute read

International Edition

DWP invites firms to put themselves forward for new £4m contract

By Legal Week | September 17, 2009

The Department for Work and Pensions (DWP) has invited law firms to express an interest in tendering as the organisation gears up for a review of its legal advisers. Expressions of interest are due by 5 October, with invitations to tender sent out by 14 October and a final decision set to be made by the end of the year.

2 minute read

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