News archive
2012Forsters’ results show double digit growth
Forsters has recorded a 13% increase in fees and similar increase in profits in the year to 31 March 2012. Fees were up from £25m to £28m, PEP was up by 11% to £403,000 and EPP (Earnings Per Partner) rose by 14% to £311,000.
Commenting on ... Natasha Rees speaks at conference on enfranchisement & service charge disputes in the LVT
Forsters' property litigation partner, Natasha Rees, is speaking at CLT’s conference on enfranchisement and service charge disputes in the Leasehold Valuation Tribunal to be held in London on 14 June 2012.
Natasha, head of Forsters award wi... Matthew Swainston appointed as Head of Commercial Property Group
Matthew Swainston is Forsters' new Head of Property. He replaces Howard Gill, who steps down after nearly 10 years in the role. Matthew has been a partner since 2005 and his practice includes investment and development work acting for ... Forsters acts on two lettings at Pembroke Building, Kensington Village, London, W14
Forsters LLP has acted on behalf of PG Media Services Limited in respect of the grant of two underleases at Pembroke Building forming part of the Kensington Village development in W14, for terms expiring in 2016. PG Media Services Limited have und... Forsters acts for The Crown Estate on sale of Eon House Piccadilly
Forsters Senior Partner, Guy Jordan, has acted for The Crown Estate in respect of the sale of Eon House, 138 Piccadilly. Eon House is the home of Eon Productions, the company known for producing the James Bond film series, including the... Forsters acts on further letting at Ropemaker Place
The Bank of Tokyo Mitsubishi UFJ Ltd part of the Mitsubishi UFJ Financial Group, has completed a further lease in British Land's Ropemaker Place development in the City. The 20 storey building is one of the City's most sustainable developmen... Four new partners for Forsters
Forsters today announces the appointment of four new partners with effect from 1 April. This brings the total number of partners at Forsters to 41.
The new partners are Victoria Towers, Andrew Parker, Lucy Barber and Chris Myers.
Comm... Forsters acts for British Airways Pension Fund on Wagamama letting
Commercial property partner Magnus Hassett has acted on a letting on behalf of long-standing client, British Airways Pension Fund, at Water's Edge, Brindleyplace, Birmingham. The lease to Wagamama Limited is for a 25 year term.
Wagamama ... Forsters acts on letting for Rockspring Hanover PUT
Commercial property partner Magnus Hassett has acted on the letting of Unit 8 The Pavillion, Queen's Square, Crawley on behalf of Rockspring Hanover PUT. The lease to PoundWorld Retail Limited completed on 28 March 2012. Pou... Four Forsters private client partners selected as leaders in their field for Chambers Global 2012 edition
Four Forsters private client partners have been selected by Chambers to appear as leaders in their field in the 2012 edition of Chambers Global 2012 - The World's Leading Lawyers for Business. They are:
Carole CookPatrick HarneyDavid Robins... Forsters acts for Opus Land on £14m parcel hub development
Commercial property partner Martin Halling has acted for developer Opus Land in respect of a development agreement with The Alternative Parcels Company Limited (APC) , the UK's largest next day delivery network. Opus Land will develop a... Ann Northover shortlisted in prestigious Citywealth Magic Circle Awards 2012
Forsters Head of Family Group, Ann Northover, has been shortlisted in the category ”Woman of the Year” in the 2012 Citywealth Magic Circle Awards.
The winner will be announced at The Citywealth Magic Circle Awards Dinner on 10th... Forsters out in force at The Lawyer 2B Year 12 Careers Day
Three Forsters partners, Sarah Cook, Emily Exton and Peter Golden and trainee Lorna Thomson participated in the 5th Lawyer 2B Year 12 Careers Day at BPP Business School on 8 March.
The event run by Lawyer 2B and BPP Law School, is designed... Forsters MIPIM dinner - Wednesday 7 March 2012
The Forsters team will be hosting a dinner at MIPIM 2012 on Wednesday 7 March 2012 for property industry clients and contacts.
Forsters Attendees:
Andrew Crabbie
Howard Gill
Matthew Swainston
Eugene McMahon
Guests
Andrew Vaughan –... Forsters MIPIM Lunch - Thursday 8 March 2012
The Forsters team will be hosting a lunch at MIPIM 2012 on Thursday 8 March 2012 for property industry clients and contacts.
Forsters Attendees:
Andrew Crabbie
Howard Gill
Matthew Swainston
Eugene McMahon
Guests:
Rob Nelson – Do... Forsters at IHIF 2012
Forsters will be fielding a team of 4 at the International Hotel Investment Forum (IHIF) in Berlin. Please get in touch if you would like to meet up next week 5-7th March 2012.
Contact details:
Penny Elliott
M + 44... More Citywealth Leaders than ever for Forsters
Sixteen Forsters partners have been selected by Citywealth as leaders in their field. The 2012 list has been published today and those included are named below. This represents an outstanding achievement, both for the individual lawyers... Forsters strengthens corporate group with appointment of Craig Thompson
Craig Thompson has joined Forsters as a corporate partner. Craig was previously a corporate partner at Howard Kennedy and prior to that at Olswang.
Craig’s experience includes structuring and transactional advice to private companies, fami... Forsters acts on relocation of Mallett plc to Ely House, Dover Street
Forsters have acted on the acquisition of new premises for renowned antiques specialists Mallett Plc and on the related disposal of their old premises on New Bond Street. Mallett Plc have taken a new lease from Glenalla Properties Holdings L... Forsters acts on £3.5m sales for Rockspring
Forsters has acted on the sale of two petrol filling stations let to Somerfield Stores Limited (trading as the Co-op). The filling stations are both let on 15 year leases from 2006 at current rents of £124,454.00 per annum and £165,750.00 pe... Forsters at MIPIM 2012
Forsters will be fielding a team of four Real Estate partners at MIPIM 2012. Do get in touch if you would like to meet up. They can be contacted on the following numbers:
Tuesday 6 March - Friday 9 March
Matthew Swainston
M +... Forsters advises Soho House on Yucaipa investment
Forsters Corporate and Property teams have been advising Soho House on the sale of a majority stake to Yucaipa, the west coast private equity firm founded by Ron Burkle.
Forsters' team was led by corporate partner, Craigie Pearson, ... Forsters acts for Welwyn Hatfield Borough Council in respect of new QE2 Hospital in Welwyn Garden City
Tim Taylor, Head of Planning, at Forsters LLP has acted for Welwyn Hatfield Borough Council in respect of the redevelopment of the new QE2 Hospital at Welwyn Garden City. Tim acted for the Council in respect of the Section 106 Agreement in r... Forsters acts in relation to grant of planning permission at St George's Field, Pinner View, Headstone.
Forsters planning department led by Tim Taylor has acted for The Parish of St George Headstone in relation to a grant of residential planning permission. The London Borough of Harrow has granted outline permission for redevelopment to provid... Forsters acts on leases at The Pavilion Crawley
Forsters has acted for Rockspring Hanover Property Unit Trust in respect of the negotiation of several leases at the Pavillion, Crawley.
A lease of Unit 2 was granted expiring 23 June 2030 at initial rent of £45,000.00 per annum with ... Forsters' Ann Northover interviewed for Citywealth's International Women in Wealth feature
Forsters, Head of Family Group, Ann Northover has been interviewed for Citywealth's Women in Wealth feature. Citywealth, the publication for ultra hight net worth individuals has published a focus piece on women working in private w... Forsters acts on sale of 110-114 Middlesex Street for £19m
Forsters has acted for longstanding clients Danescroft and Palmer Capital in respect of the sale of 110-114 Middlesex Street, London, E1. The building benefits from its prominent location opposite the Bishopsgate entrance to... Forsters acts for Scottish Widows Investment Partnership on £17.75m Brighton Retail Park purchase
Forsters has acted for Scottish Widows Investment Partnership on its purchase of Brighton Retail Park for £17.75m from Legal & General Property represented by Eversheds.
The 42,300 sq ft park with 190 car parking spaces is fully let to Mar... Forsters acts for BA Pensions on 350,000 sq ft warehouse prelet
Forsters has acted for longstanding client BA Pensions on what is said to be the biggest prelet in the north-east for a decade. Distribution company Clipper Logistics will occupy a new 343,000 sq ft warehouse at Wynyard Park, Stock... Forsters acts on £14.05m disposal for Redevco UK
Commercial property partner, Matthew Swainston, acted for long standing client Redevco in respect of the disposal of a retail property at Humberstone Gate, Leicester for £14.05 million. The retail unit was purchased by the occupier Primark S... 2011Forsters acts on redevelopment of Café Royal Site
Forsters continues to act for The Alrov Group in relation to the major redevelopment of the Café Royal Site on Regent Street, London, W1 to include the redevelopment of a major new hotel project with substantial retail units fronting Regent Street... Forsters acts on £40m sale of interests for Clerical Medical Managed Funds Limited
Forsters acted on behalf of Clerical Medical Managed Funds Limited in the sale of their 50% joint venture interest in a recently developed shopping centre at St Catherine’s Walk, Carmarthen. Clerical Medical Managed Funds Limited had funded the de... Forsters acts for Rockspring on speculative project in Staines
Forsters has acted for longstanding client Rockspring Property Investment Managers on the purchase of a site for the speculative development of a 60,000 sq ft office scheme in Staines, Surrey.
On behalf ... Retail Developments for LXB
Forsters acted for LXB Retail Properties Plc in relation to a major retail development scheme at Bugsby's Way, Greenwich including pre-let agreements with Sainsbury and Marks & Spencer. Forsters has provided a full range of services (inc... Forsters completes £30m pension fund deals
Forsters has acted on two transactions for PFA Pensions and ICL Pension Trust Limited; the two deals are worth a total of nearly £30m.
The first, the sale of an office building on Reading's King's Road for PFA, was for £19m. PFA is the largest p... Forsters acts for Bespoke on Cotswold hotel leases
Corporate partner, Craigie Pearson, with Philip Wigg and commercial property senior assistant, Victoria Towers, acted for Bespoke Hotels Limited on its taking of two long leases, one for Cotswold House Hotel and one for the Noel Arms, both in Chip... Forsters acts on £7.65m disposal for Redevco UK
Commercial property partner, Matthew Swainston, has acted for long standing client Redevco UK in respect of the disposal of 180-190 Lewisham High Street which completed on 15 November 2011. A sovereign wealth fund purchased the retail u... Menta granted planning permission for landmark Croydon regeneration scheme
London Borough of Croydon's strategic planning committee has granted planning permission for Menta's landmark mixed use development scheme at Cherry Orchard Road, Croydon, adjacent to East Croydon Station.
Forsters is continuing to pr... Forsters acts for BA Pension Fund in £32m sale of 50% stake in Bristol retail park
Forsters has acted for longstanding client BA Pension Fund on the sale to National Grid UK Pension Scheme of a 50% stake in its Avonmeads Retail Park in Bristol for £32.5m. The retail park comprises 165,000 sq ft and has an unrestricted... Forsters working to raise £10,000 for Centrepoint
Forsters’ Howard Gill, Craigie
Pearson, Peter Golden and Andrew Parker joined 650 hardy volunteers last night
to sleep out for the firm’s charity, Centrepoint, at London Broadgate's
Exchange House (where Herbert Smith have their office... Forsters acts on sale of prominent Norwich freehold retail investment for £6m
Forsters has acted for a syndicate of Irish investors in connection with the sale of 11-17 Castle Street & 8-10 Castle Meadow, Norwich for circa £6m. The property, situated in the heart of Norwich city centre, is within... Forsters' Natasha Rees in Court of Appeal leasehold enfranchisement win
Court of Appeal considers what constitutes a qualifying tenant in a collective enfranchisement claim
On 2 November 2011, the Court of Appeal gave judgment in relation to a legal issue arising on a collective enfranchisement claim u... Forsters acts on redevelopment of 25 Great Pulteney Street, London W1
Forsters acted for F&C Commercial Property Trust Limited in relation to the redevelopment of 25 Great Pulteney Street, London, W1. This redevelopment of 33,000 square feet of Grade A specification offices was completed both on time and o... Forsters acts on £11.65m sale of Carthusian Court, 12 Carthusian Street, EC1
Commercial property partner Andrew Crabbie acted for The Chamber of Shipping on its sale of Carthusian Court, 12 Carthusian Street, London EC1 to The Property Trust Group. This prime mixed use building totalling 31.031sq m compris... Forsters - What the directories say
Chambers UK - A Client's Guide to the UK Legal Profession 2012 Edition
Forsters has once again been very highly rated by Chambers Guide to the UK Legal Profession in its 2012 edition, with 20 of its lawyers ranked as leading individuals.&nb... Forsters sleeps rough for Centrepoint
Four volunteers from Forsters are planning to sleep rough on the streets of London on the night of 10 November in aid of Centrepoint, the firm’s chosen charity.
Howard Gill, Craigie Pearson, Peter Golden and Andrew Parker a... Forsters lets prime Kensington High Street property to Altimus
Forsters has acted on the letting of British outdoor clothing retailer Altimus' first dedicated store in London, representing the Trustees of the Phillimore Kensington Estate. The prime retail 5,800 sq ft store at 138 Kensington High Street has be... Forsters acts on £14.7m acquisition for Mayer Real Estate
Commercial property partner, Matthew Swainston, has acted for Mayer Real Estate in respect of the acquisition of Peter House, Peter Square, Manchester which completed on 5 October 2011. Mayer paid £14.7 million for the Central Mancheste... What the directories say - The Legal 500 - The Clients' Guide to the UK Legal Profession 2011
Forsters has been highly rated by the Legal 500 in its 2011 Guide with Forsters' commercial litigation team for the first time promoted to the guide's rankings. Forsters is now recommended in 16 practice areas, with 7 lawyers listed in the elite... Forsters' Peter Golden scoops Private Client Practitioner award
Peter Golden, a partner in the private client team, has been named for the second time as a leading private client professional in Private Client Practitioner's "Top 35 under 35" survey. The aim of Private Clien... Forsters acts in relation to grant of planning permission for new luxury hotel on City Road, London, EC1.
Tim Taylor, Head of Planning at Forsters, has acted for Soneva Properties providing advice in respect of their proposed new hotel development. Planning permission was granted by the London Borough of Hackney on 19 September 2011 for a n... Patrick Harney speaks at conference on trust-related issues on the sale of company shares
Forsters' Private Client partner Patrick Harney is speaking at Offshore Professional Conference's symposium on "Duties and Liabilities for Trustees:Investment Strategies and Trust Disputes " to be held in the&nb... F&C Commercial Property Trust Limited's development of student accommodation in Winchester
Forsters has acted for F&C Commercial Property Trust Limited in relation to the forward funding of a development of a five block, 499 bed student hall of residence with ground floor café, gym and launderette in Winchester.
Forsters acted... Forsters act on re-financing of the Ladysmith Shopping Centre Ashton-under-Lyne
Forsters acted for Lathe Investments in relation to a £36 million loan from the Co-operative Bank to refinance its, Ladysmith Shopping Centre in Ashton Under Lyne, Greater Manchester. This shopping centre was built in the 1960's and was refu... Forsters acts for Helical on £5.8m sale
Forsters has acted for Helical (Aldridge) Limited on the sale of land and buildings at Westgate, West Point, Aldridge. The property was sold to Charter House Investments LLP for £5.8 million and the sale completed on 16 August 2011. The prop... Menta one step closer to landmark Croydon regeneration scheme
London Borough of Croydon's strategic planning committee has made a resolution to grant planning permission for Menta's landmark mixed use development scheme at Cherry Orchard Road, Croydon, adjacent to East Croydon Station.
Forst... Forsters acts for Rocco Forte & Family Ltd on refinancing
Forsters acted for Rocco Forte & Family Ltd in relation to a refinancing and financial restructuring agreed with Bank of Scotland.
This restructuring included a four year debt facility and Rocco Forte’s buyout of Bank of Scotland’s share ... Forsters acts on £30m Pinnacle investment
Forsters (led by Penny Elliott and assisted by Lianne Baker) has acted for a group of investors who have acquired a controlling stake in Pinnacle Regeneration Group.
The investors who are Chow Tai Fook Enterprises (CTFE), the privately-held hold... Regeneration Scheme at Cherry Orchard Road, East Croydon
Forsters acted for Menta Developments in relation to a regeneration scheme at Cherry Orchard Road, East Croydon, a landmark mixed use development scheme adjacent to East Croydon station. Forsters continues to provide property, planning and f... Forsters acts for BA Pension Fund on 400,000 sq ft ft Waitrose let
Forsters has acted for the British Airways pension fund on a pre-let to Waitrose of a c400,000 sq feet distribution warehouse at Matrix Park in Chorley, Lancashire, to be developed by Evander Properties.
Waitrose will lease the site from BA Pensi... Forsters acts for Mayfair Capital Property Unit Trust on further acquisitions for £100m fund
Forsters has acted for Mayfair Capital Property Unit Trust (MCPUT), the Jersey Property Unit Trust (JPUT) with £100m of equity from Schroders Property Investment on further acquisitions.
The Mayfair Capital Property Unit Trust acquired a further ... 20 Forsters lawyers selected as leaders in their field for Chambers UK Directory 2012 edition
A total of 20 Forsters lawyers have been selected by Chambers to appear in the next, 2012, edition of Chambers UK - A Client's Guide to the UK Legal Profession as leaders in their respective fields. They are:
Shona Alexander - Family / Matrimonia... Forsters supports Centrepoint at Newbury charity race day
Forsters guests joined senior partner Guy Jordan at Newbury charity race day last Thursday in support of homeless charity Centrepoint.
Seven races took place during the evening, including the Forsters LLP Fillies Handicap Stake.
... Forsters' shortlisted for prestigious STEP private client award
Forsters private client team has been shortlisted by the Society of Trust and Estate Practitioners (STEP) for their London Legal Team of the Year award. The prestigious STEP private client awards highlight excellence and innovation among private c... Forsters supports Centrepoint at Arsenal's star-studded Charity Ball
As corporate sponsors of Centrepoint, partners of Forsters and our "Gooner" guests had a table at Arsenal's Annual Charity Ball for 2010/11.
Each season the club chooses a single charity to benefit from its "Be a Gooner, Be a Giver" campaign a... Forsters featured in latest edition of the Mayfair Times
Forsters award-winning residential property and private client teams are featured in the June edition of the Mayfair Times published today.
The glossy monthly "covers one of the best-known and highest-value districts of any city in the world" w... Forsters supports Prince Harry's efforts to raise funds for Centrepoint at Cirencester Polo Day
Forsters clients and contacts were out in force at Cirencester Polo Park on Sunday to support homeless charity Centrepoint.
The highlight of the afternoon was a match for the Jerudong Park Trophy involving a Cirencester Park home team led by&nbs... Forsters' leasehold enfranchisement team wins London Solicitors of the Year award
Forsters has been named London Solicitors of the Year in The Enfranchisement and Right to Manage Awards 2011.
The Enfranchisement and Right to Manage Awards highlight excellence and professionalism amongst enfranchisement and right to manage pro... Forsters posts 20% increase in PEP on the back of 12% increase in revenue
Forsters has posted its results for 2010 – 2011. Fee income was up by £2.65m to £25m, which was a 12% increase. Profits were up by 20%, with PEP increasing from £300,000 to just over £360,000.
Commenting on the results Paul Roberts said:
... Forsters shortlisted for The Lawyer award for private client team of the year 2011
The Lawyer has shortlisted Forsters for its prestigious private client team of the year award, to be announced at a ceremony on Tuesday 21 June at The Grosvenor House Hotel.
The award, which recognises outstanding achievement in ... Budget 2011
George Osborne declared Britain "open for business" in his Budget speech on 23rd March. The headline change was the reduction of corporation tax by 2% and the doubling of the lifetime allowance for entrepreneurs' relief, both measures in... £350 million redevelopment of the East West Centre Stoke-on-Trent
Forsters acted for Realis Estates as Developer in relation to the £350 million redevelopment of the East West Centre in Stoke- on-Trent. The development will provide a new regional shopping centre with over 600,000 square feet, including a d... SDLT : 5% Residential : 6 April 2011
A reminder that land transactions in respect of residential property with both an effective date on or after 6 April 2011 and chargeable consideration of more than £1m, will attract a 5% SDLT rate.
There is a very narrow exemptions for transactio... Forsters Real Estate Group at MIPIM 2011
Forsters will be fielding a team of six Real Estate partners at MIPIM 2011. Do get in touch if you would like to meet up. They can be contacted on the following numbers:
Tuesday 8 March - Friday 11 March
• Matthew Swainston +44 (0) 7901 94... Three new partners for Forsters
Forsters today announces the appointment of three new partners with effect from 1 April. This brings the total number of partners at Forsters to 39.
The new appointments are Tim Taylor, who becomes partner and head of the planning group in succe... Forsters acts for Sushi Samba on debut UK restaurant signing
Forsters has acted for Sushi Samba, a leading sushi restaurant chain from the US, in exchanging a conditional agreement for their first restaurant in the UK, on levels 38/40 of the Heron Tower.
Once completed, Heron Tower, situated at Bishop... Forsters acts for Mayer Real Estate on its debut UK property purchase
Forsters has acted for Mayer Real Estate (MRE) on its first UK property acquisition. MRE is part of the privately owned Mayer Group which is the largest auto and transport group in Israel. MRE coordinates the Mayer Group’s activities in ... Forsters acts for Doherty Baines LLP on St James St letting
Forsters has acted for Doherty Baines LLP who have taken a lease for a term of 10 years from the Prudential of the second floor, Byron House, 7-9 St James Street, London SW1.
The premises comprise the entire second floor (4,300 sq feet) of ... Forsters lawyers stand out in Citywealth Leaders List
Citywealth Magazine has ranked thirteen Forsters' lawyers as leaders in their field.
In the category of private wealth lawyers, Carole Cook, Patrick Harney, Kelly Noel-Smith, Ann Northover, Charles Pike, David Robinson, Andrew Lane,Catherine Hi... Forsters acts on £12.67m sale of industrial estate
Forsters has acted for Trehaven Group on the sale of Court Lane Industrial Estate in Iver in Buckinghamshire for £12.67m to Rockspring Hanover Property Unit Trust.
The 37,000 square feet of buildings are housed within 14 acres of land in a m... Forsters acts for Cheshire West and Chester Borough Council Pension Fund on £17m retail park purchase
Forsters has acted for Cheshire West and Chester Borough Council Pension Fund (clients of Rockspring Property Investment Managers LLP) on their purchase of Maybrook Retail Park, Canterbury from Downham Properties.
The 62,800 sq ft r... Sale of Castlegate Shopping Centre, Stockton-on-Tees
Forsters has acted for a longstanding client, Lathe Investments, in relation to the sale of the Castlegate Shopping Centre, Stockton-on-Tees for £27.8 million.
The 340,000 square foot shopping centre comprises 60 retail units with a market hall, ... 2010Forsters acts for Salix Trust Limited on £3.225m sale
Forsters Andrew Crabbie acted for Salix Trust Limited (Bank of Ireland Staff Pension Fund) on its sale of 41-43 Fargate, Sheffield to Alstom Pension Trust Limited for £3.225million.
Pinsent Masons LLP acted for the buyer.
... Christmas and New Year office opening
Season's Greetings from all at Forsters
Friday 24 December
Office closed but swichboard manned and office open for deliveries until 4.30pm
Monday 27 December
Office closed
Tuesday 28 ... Forsters acts on £100m Warner Bros. Studios Leavesden Investment
Forsters is acting for Warner Bros. in connection with its in excess of £100m investment in Warner Bros. Studios Leavesden.
Forsters has advised Warner Bros. on a contract, conditional on planning, for the purchase of Warner Bros. Stud... Leasehold Enfranchisement - Upper Tribunal rules on deferment rate Appeals for sub-20 year leases
Forsters acts for three appellants
The Tribunal have today given judgment on 8 conjoined appeals concerning the correct deferment rate for sub-20 year leases. The appeals arose because the guidance in Sportelli only relates to ... Forsters hosts Philanthropy Seminar with Cause4 - Secretary of State Jeremy Hunt gives the key-note address
The Philanthropic Challenge in the Age of Austerity
Jeremy Hunt (Secretary of State for Culture, Media and Sport) was one of a number of distinguished guests who appeared at Cause4's Philanthropy Seminar hosted by Forsters on 11 November 2010.
... Forsters sleeps rough for Centrepoint
Five partners from Forsters volunteered to sleep rough on the streets of London on the night of 11 November in aid of Centrepoint, the firm’s chosen charity.
Partners Guy Jordan, Paul Roberts, Sharon Mulroney, Penny Elliott and Andrew Head t... Forsters acts on £104m sale of Burlington Arcade
Forsters has acted for a private family trust on the sale of the West End’s famous Burlington Arcade for £104m. The buyers are Meyer Bergman, the European real estate investment management firm, and Thor Equities, the US based real estat... What the directories say
Chambers UK - A Client's Guide to the UK Legal Profession 2011 Edition
Forsters has once again been very highly rated by Chambers Guide to the UK Legal Profession in its 2011 edition, with 20 of its lawyers ranked as leading individuals.&nbs... Forsters named Lex 100 winner again
Forsters has had yet another glowing write-up in the latest edition of "Lex 100" – the student guide to the UK's premier law firms for 2010/11. The firm was named a "Lex 100 Winner" in categories of "vacation scheme", "social life" and "stress lev... Forsters sleeps rough for Centrepoint
Five volunteers from Forsters are planning to sleep rough on the streets of London on the night of 11 November in aid of Centrepoint, the firm’s chosen charity.
Partners Guy Jordan, Paul Roberts, Sharon Mulroney, Penny Elliott and And... Forsters wins Mayfair Capital quiz
A team of five fielded by Forsters and its clients and contacts last night won the annual Mayfair Capital Property quiz.
The event was in aid of "Chance to Shine" a charity run by the Cricket Foundation charity, the single biggest scho... Forsters private client team shortlisted for British Legal Awards
Forsters has been shortlisted in the category of private client /family team of the year in the prestigious British Legal Awards organised by Legal Week.
The submission for the Private Client & Family Team of the year award drew attenti... Forsters scoops two Private Client Practitioner awards
Forsters' Rupert Mead and Carol Teale have been named for the second year running as leading private client professionals in Private Client Practitioner's "Top 35 under 35" survey. The aim of Private Client Practitioner's Top 35 Un... Forsters acts for Invista Fund on further acquisitions
Forsters has acted for Invista fund, HIFML UK Property Fund, on its two latest acquisitions in Penge and Bexleyheath.
The Fund has purchased Blenheim Centre, Penge and Market Place, Bexleyheath.
The 47,500 sq ft Blenheim Centre in P... Forsters acts on Invista letting to Coca Cola
Forsters has advised Invista Real Estate Investment Management (acting on behalf of Clerical Medical Investment Group Limited) on a 109,000 sq ft pre-let at New Bakers Court, Uxbridge to fizzy drinks giant Coca Cola.
Coca Cola ha... Forsters enfranchisement seminar
Forsters held the latest of its regular enfranchisement seminars last week .
Slides from the three presentations can be found via the links below:
Commercial properties and enfranchisement - Forsters' Natasha Rees
A résumé of rece... Forsters acts on £47.15m sale
Forsters has acted for Danish pension fund PFA Invest in connection with its sale of Watling Court, Cannon Street, London EC4 for £47.15m. The purchaser is a private investor.
The property comprises three buildings totalling 97,000 sq ft let t... September meeting of Forsters' Private Client Network
We held our fourth meeting of PCN, co-hosted with Charles Stanley last night. To view the presentations please click on the links below:
Recent developments in the law relating to charities - Harriet Atkinson
The unique invest... Forsters advises Bespoke in management contract of former Merchant Inns hotels
Forsters hotel specialist, Craigie Pearson, has acted for boutique hotel operator, Bespoke Hotels, in the negotiation and completion of a three year management contract to run six four-star former Merchant Inns hotels. The company, foun... Forsters strengthens Real Estate practice with appointment of Robin Cole as consultant
Forsters has appointed Robin Cole as a consultant to its market leading commercial real estate practice.
For the last nine years he has been running his own practice in Mayfair and was previously a partner at Hammonds and Richards Butler. ... Forsters' Property Team Promoted in Legal 500 Guide
Legal 500, in The Clients' Guide to the Legal Profession 2010, ranks Forsters amongst the top firms for real estate work. This year the Guide promotes Forsters to the third tier of London firms for commercial property work. Forste... What the directories say - The Legal 500 - The Clients' Guide to the UK Legal Profession 2010
Forsters has been highly rated by the Legal 500 in its 2010 Guide with Forsters' property and private client teams both promoted in the Guide's ranking. Commenting on the firm's overall performance, the Legal 500 says that:
Property:Commercial P... Forsters acts on £52.2m purchase for Rockspring Hanover Property Unit Trust
Forsters has acted for longstanding client Rockspring Hanover Property Unit Trust on its purchase of Fox Court, 14-22 Gray's Inn Road, London WC1 for £52.2m for the freehold.
The landmark midtown building situated at the junction of Gra... Forsters acts on super-prime Lancasters pre-sales of £230m
Forsters is acting for longstanding joint venture clients, Minerva and Northacre, on the sale of their super-prime development, The Lancasters, Hyde Park.
Pre-sales totalling approximately £230m have now been achieved. This represents jus... 20 Forsters lawyers selected as leaders in their field for Chambers UK Directory 2011 edition
A total of 20 Forsters lawyers have been selected by Chambers to appear in the next, 2011, edition of Chambers UK - A Client's Guide to the UK Legal Profession as leaders in their respective fields. They are:
Shona Alexander - Family / Matri... Forsters acts for LXB Retail on further Greenwich purchase
Forsters has acted for LXB Retail on its purchase of two further retail sites in Greenwich, SE10.
LXB has paid in excess of £21m for the sites which are adjacent to the Bugsby's Way Retail Park which LXB bought earlier this year. Forsters a... Forsters recruits five new lawyers to property team
Forsters has completed the recruitment of five new lawyers to its market leading property team.
Peter Selwyn and Ben Brayford, who both qualified in 2007 join Forsters after working at Mayer Brown and Denton Wilde Sapte respectively. Both have ... Emergency Budget 2010
Billed as "tough but fair", the Coalition’s first Budget sets out the first steps towards balancing the UK’s enormous structural deficit by 2016. The measures announced by the Chancellor were not as hard on private individuals as might have ... Forsters supports Bush Theatre
Forsters is delighted to announce its sponsorship of London's Bush Theatre at its Art Antiques London First Night Party today.
For nearly forty years, The Bush Theatre has pursued its vision of "risk,discovery and entertainme... Forsters supports Centrepoint's award winning garden at RHS Chelsea Flower Show
Forsters-sponsored garden presented by the homeless charity Centrepoint won a Bronze Lindley award last week for exhibits of special scientific or educational interest. The garden demonstrated how superfoo... Forsters' leasehold enfranchisement team highly commended in News on the Block awards
Forsters has been highly commended in the category London Solicitors of the Year in the News on the Block awards.
The News on the Block awards highlight excellence and professionalism amongst enfranchisement and right to manage pro... Forsters supports Centrepoint's garden at RHS Chelsea Flower Show
Forsters is sponsoring the garden presented by the leading homeless charity Centrepoint at RHS Chelsea Flower Show from 25-29 May 2010. The garden demonstrates how superfoods are vital for healing and health, and will showcase the work c... Forsters acts on sale of 98 Kensington High Street
Forsters has acted for longstanding client, The Trustees of The Phillimore Kensington Estate, on the sale of 98 Kensington High Street for £3.65m reflecting a net initial yield of 3.99%. This followed the acquisition of an int... Forsters succeeds in landmark Court of Appeal ruling
Forsters' Natasha Rees has succeeded in winning a landmark decision relating to the assessment of rent under the Housing Act 1988.
On 27 April 2010 the Court of Appeal gave judgment in an appeal brought by a tenant against a d... Forsters acts on Next letting
Forsters has acted for longstanding client Moorfield on its letting of 22,000 sq ft of shop space to fashion retailer Next.
Next is to open a store in Moorfield’s Cornmill Shopping Centre in Darlington at 12-16 Northgate. The Northgate space was ... Forsters acts on Mirabaud relocation to Grosvenor Place
Howard Gill, Head of Commercial Property at Forsters LLP, acted for longstanding client, stockbroker Mirabaud Pereire Holdings Limited, which has taken an assignment of a lease from Capital International Limited of 29,350 sq ft at 33 Grosvenor Pla... Four new partners for Forsters
Forsters today announces the appointment of four new partners with effect from 1 April. This brings the total number of partners at Forsters to 41.
Commenting on these appointments, Forsters’ Managing Partner Paul Roberts said:
“These appoin... Budget 2010
On Wednesday 24th March Alistair Darling made his Budget speech to the House. Despite incorporating an amusing reference to Belize, it was a low-impact event with core tax rates changing very little. Contrary to some of the more pessimistic predic... Charities - Budget News
In his Budget on 24 March, the Chancellor announced important extensions to charity tax relief. Following the European Court of Justice decision in the case of Persche –v- Finanzamt Lüdenscheid, a change in UK law regarding the tax treatment... Real Estate - Budget News
The Spring Budget 2010 was perhaps not as revolutionary as some people had anticipated. The Budget Deficit has not been plugged by either a 3% income tax hike or a dramatic increase in VAT up to either 21% or 25% or other politically damaging meas... Forsters Real Estate Group at MIPIM 2010
Forsters will be fielding a team of five Real Estate partners at MIPIM 2010 who can be contacted on the following numbers:
Tuesday 16 March - Friday 19 March
Matthew Swainston +44 (0) 7901 940579
Andrew Crabbie +... Forsters acts for LXB Retail on debut purchase
Forsters has acted for AIM listed LXB Retail on its first acquisition.
The group, which floated in October last year with an initial offering of £110m, has purchased the long leasehold interest of two existing retail assets and a develo... Forsters acts on relocation for major world financial group
The Bank of Tokyo-Mitsubishi UFJ, Ltd. and Mitsubishi UFJ Securities International plc have completed leases for 20.5 years under their pre-letting agreement signed in April 2009 comprising in total 181,360 sq ft of accommodation across nine ... Forsters completes sale of 25 Hanover Square
Forsters has completed the sale of landmark building 25 Hanover Square, London W1 on behalf of a longstanding private investor client via a share sale. The sale was to a foreign investment company.The prestigious 25 Hanover Square property compris... Forsters acts on £275m shopping centre development for Realis Estates
Realis Estates signs development agreement with Stoke-on-Trent City Council
Forsters has achieved a milestone for its longstanding client Realis Estates with the negotiation and signature of a development agreement paving the way for the regenera... Forsters acts on redevelopment and restoration of central London's landmark Hippodrome
Forsters has acted for the freeholder of London's historic Hippodrome in relation to a development agreement for the £20m plus refurbishment of the Grade II listed building. One of the West End's most popular landm... 2009Season's Greetings from all at Forsters
Christmas and New Year office opening
The offices will be closed on Thursday 24 December (Christmas Eve) and will reopen after the Christmas holiday on Tuesday 29 December.
The office will be closed on New Year's Day. The Pre-Budget Report 2009
Personal Taxation
Overview
Despite widespread speculation about an increased capital gains tax rate and the abolition of inheritance tax reliefs, the main change that will immediately affect some private clients, albeit indirectly, is the... Forsters achieves Carbon Neutral status
Forsters is delighted to announce that it has just achieved carbon neutral status. This was done with the help of the Carbon Neutral Company, who helped us measure our carbon footprint and source a project in the developing world to offset em... Forsters' lawyers honoured in Citywealth awards
Citywealth Magazine has ranked seven Forsters' lawyers as leaders in their field.
In the category of private wealth lawyers, Carole Cook, Patrick Harney, Charles Pike and David Robinson were all awarded "honours". Whilst Ann North... Forsters rings up three retail sales worth £56m
Forsters has completed three significant retail sales for long-term client Invista Real Estate Investment Management, and funds under its management owned by Clerical Medical. The properties in Nottingham, Tonbridge and Leicester were sold f... Team Forsters at Centrepoint Sleep Out
On the evening of Thursday 12 November, Team Forsters (Glenn Dunn, Martin Halling, Simon Ralphs and Vicki Towers) took part in the Centrepoint Sleep Out at Spitalfields Old Market.Recounting the experience, commercial property partn... What the directories say
Chambers UK - A Client's Guide to the UK Legal Profession 2010 Edition
Forsters has once again been very highly rated by Chambers Guide to the UK Legal Profession in its 2010 edition, with 15 of its lawyers ranked as leading individuals.&nbs... Forsters completes double acquisition for ICL Pension Trust
Forsters has completed two acquisitions on behalf of new client ICL Pension Trust Limited; a retail warehouse park in Bicester and several light industrial and wholesale warehouses in Harlow with a total value of circa £18m. These are the first pr... Soho House appoints Forsters for property work on expanding porfolio of hotels and restaurants
Soho House, the high profile group of upmarket members clubs, hotels and restaurants, has appointed Forsters to act on a number of matters relating to its growing property portfolio. The Soho House group is expanding rapidly in the UK, Europe and ... Forsters acts on record retail letting to Barclays on Kensington High Street
Forsters has acted for its long-standing client, the Trustees of the Phillimore Kensington Estate, on the grant of a new lease to Barclays Bank PLC at Hornton Court on Kensington High Street. The rent of £560,000 per year – an equivalent to £252... Forsters acts on sale of Centrum Park Cheltenham
Forsters has advised longstanding client Invista on the sale of Centrum Park, Cheltenham to Threadneedle Property Investments Limited for £26.7m. The retail park is anchored by Homebase and several other occupiers including Kentucky Fr... Forsters completes £50m of retail purchases for British Airways Pension Fund
Forsters has completed two retail park acquisitions in Oxford and Guildford for the British Airways Pension Fund, with a total value of more than £50 million.
In the first deal BA Pensions purchased the Seacourt Retail Park in Oxford from Hammers... Forsters named Lex 100 winner again
Forsters has had a glowing write-up in the latest edition of 'Lex 100' – the student guide to the UK's premier law firms for 2009/10. The firm scored well on all the assessed criteria and was named a 'Lex 100 Winner' in the following five categori... Forsters acts for Canmoor on £103.75m joint venture with Harbert
Forsters has acted for Canmoor Asset Management on its joint venture with US fund manager Harbert that resulted in the acquisition of four industrial estates from Segro for £103.75m.
Under the terms of the joint venture Canmoor will hand... Sarah Rushton shortlisted for British Legal Awards assistant solicitor of the year award
Forsters' Head of Employment Sarah Rushton has been shortlisted for The British Legal Awards prestigious assistant solicitor of the year award, to be announced at a ceremony on 3 December 2009 at Old Billingsgate Market.
The judg... Forsters scoops three Private Client Practitioner awards
Forsters' Harriet Atkinson, Rupert Mead and Carol Teale have all been named as leading private client professionals in Private Client Practitioner's "Top 35 under 35" survey. The aim of Private Client Practitioner's inaugural Top 35... Forsters strengthens tax group with partner appointment.
New partner will head Corporate and Property Tax Team
Elizabeth Small joins Forsters today as a partner specialising in real estate and corporate tax. Elizabeth, previously a tax partner at Halliwells, becomes Forsters’ 37th partner. She joins th... Forsters' trainee scoops five awards!
Forsters' trainee Katherine Elkers, who joined the firm this month, is celebrating a record number of five prizes awarded by The College of Law, York for the Legal Practice Course this year. This is the first time that one trainee has won so... What the directories say - The Legal 500 - The Clients' Guide to the UK Legal Profession 2009
Forsters has once again been highly rated by the Legal 500, with several partners mentioned as "leading individuals" in their specialist areas.
Commenting on the firm's overall performance, the Legal 500 says that:
"With 33 partners based in its... Forsters continues growth of private client group with appointment of new partner
Appointment strengthens Forsters’ offshore tax and trust team
Kelly Noel-Smith joins Forsters today as a partner in the offshore tax and trust team, which has seen rapid growth in the last two years under partners Carole Cook and Patrick Harney... Forsters partner leaves to join client
Corporate lawyer Craig Eadie joins Forsters' client PCP Capital Partners on a full time basis from 1 September 2009, retiring as a partner from Forsters.
As one of its founding partners, Craig joined Forsters in 1998 and was head of ... 15 Forsters' lawyers selected as leaders in their field for Chambers UK Directory 2010 edition
A total of 15 Forsters' lawyers have been selected by Chambers to appear in the next, 2010, edition of Chambers UK - A Client's Guide to the UK Legal Profession as leaders in their respective fields. They are:
Sarah Cook - ConstructionMichael Cun... Forsters builds on sustainability policies
Forsters has launched its sustainability strategy designed to reduce the firm's "carbon footprint". The strategy, which acknowledges the firm's responsibilities to reduce its use of natural resources and promote sustainable working practices, defi... Forsters announces completion of team move from Withers
Forsters is pleased to announce that Andrew Lane and Craigie Pearson become partners on 30 June. Their arrival completes the move of four partners who left Withers in 2008. The other two, Penny Elliott and Catherine Hill joined in August 200... Media in the Family Courts
As of 27 April 2009 the rules relating to media attendance at family hearings in the County Court and High Court changed to allow accredited members of the press and other people permitted by the Court to attend these hearings. These new rules rel... Forsters' partners stand out in Citywealth Awards.
At the recent awards ceremony held by Citywealth Magazine five Forsters' partners were singled out as leading lawyers in their fields.
In the category of leading private wealth lawyers Carole Cook, Patrick Harney and Charles Pike were all ... Forsters wins National Theatre appointment
Forsters has been appointed as legal adviser to the National Theatre in relation to their master plan for the development of the NT site over the next four years. The appointment took effect on 18 May 2009. This is the first time that Forsters has... Forsters sells £37.5m retail parks for Invista
Portfolio sale to PHF Investments Limited
Forsters has acted for clients of Invista Real Estate Management on the sale of portfolio of retail parks to PHF Investments Limited for £37.5 million. Clerical Medical and Halifax Life sold the Flare Por... Natasha Rees shortlisted for "The Lawyer" partner of the year award
The Lawyer has shortlisted Leasehold Enfranchisement partner, Natasha Rees, for its prestigious Partner of the Year award, to be announced at a ceremony on Tuesday 23 June at The Grosvenor House Hotel.
The judging criteria f... Budget 2009
The Chancellor presented the 2009 Budget on Wednesday, 22 April. It contained several welcome measures, including a change to the "substantial donors" rules regarding gifts to charities and also an extension of the scope of agricultural prop... Catherine Hill becomes Private Client Partner at Forsters
Private Client and Landed Estates specialist Catherine Hill becomes a partner of Forsters on 31 March.
Catherine was formerly a partner at Withers. Catherine specialises in advising UK landowning families on succession and tax planni... Penny Elliott speaks at Landed Estates conference
Forsters' Landed Estates partner Penny Elliott is speaking at Lexis Nexis' /Tolley's conference on "Tax Planning for Landed Estates" to be held in London on 30 April and in Leeds on 7 May.
Penny, who is recognised as a leader in ... Forsters acts on landmark Freedom of Information Act case
The House of Lords has today handed down opinions in the latest stage of Steven Sugar’s action against the BBC for disclosure of the Balen Report on its Middle East coverage.
In the first case on the Freedom of Information Act 2000 (the &nb... Forsters acts for Clerical Medical on £50m property transfer to new fund
Forsters has acted on the transfer of property owned by Clerical Medical as part of its initial injection of £50 million into a new fund to be established by HBOS and managed by Invista Real Estate Investment Management. Forsters will continue to ... Private Client lawyer wins STEP President's prize
Harriet Atkinson, a solicitor in Forsters’ private client team, has been awarded the ‘STEP President’s Prize, Qualified Practitioner Student of the Year’ for her Taxation Thesis paper taken in 2008. The award is a major achievement and is on... Forsters wins two new bank panel appointments
Forsters have recently been appointed to the panel of two banks, namely AIB Group (UK) plc and Lloyds TSB Bank plc (large corporate (property finance) panel).
This strengthens Forsters’ increasing lender practice with the firm acting for Ulster B... Forsters - Lancasters
Welcome to billionaires’ row
The Candy brothers’ One Hyde Park was London’s ultimate super-prime project — but now it has an equally swanky rival. We get a sneak preview
The Lancasters - a sneak preview
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