2012

7 December 2012

Forsters advises the Crown Estate on sale of Les Ambassadeurs Club

Forsters has acted on behalf of the Crown Estate in relation to the sale of the freehold interest in 5 Hamilton Place, Mayfair, W1.

The £60m sale to a private overseas investor was completed within a tight schedule, including a timeframe of only two days between acceptance of the purchaser's offer and exchange of contracts.

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5 December 2012

Forsters act on Warner Bros. lease renewal

Forsters has advised Warner Bros. Entertainment UK Limited in relation to the renewal of the lease of their central London offices at Warner House, 98 Theobalds Road WC1.

Commercial property assistant Ruth de Maupeou acted on behalf of Warner Bros. The landlord, MT Property Investments LLP, was represented by David Sinclair of Norton Rose.

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19 November 2012

Forsters - What the directories say

Chambers UK - A Client's Guide to the UK Legal Profession 2013 Edition

Forsters has once again been very highly rated by Chambers Guide to the UK Legal Profession in its 2013 edition, with 21 of its lawyers ranked as leading individuals. 

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15 November 2012

Forsters acts on letting of prestigious Michelin House

Commercial property assistant Ruth De Maupeou has acted on behalf of private equity firm Bregal Investments LLP on the letting of the third and fourth floors of landmark building Michelin House on Fulham Road, London.

The distinctively-styled Grade II listed property comprises office, retail and restaurant space and is also home to the Bibendum Restaurant and Oyster Bar.

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24 October 2012

Sophie Hamilton

With great sadness the partners of Forsters announce the death on 19th October of Sophie Hamilton, senior partner of the firm from 2001 to 2008. 

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19 October 2012

Forsters wins seven Lex 100 medals

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 2012/13. The firm was named a "Lex 100 Winner" in seven out of ten categories of.  These are:

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10 October 2012

Landed Estates succeed in Supreme Court

Enfranchisement practitioners have been waiting with bated breath for the outcome of two appeals in the Supreme Court known collectively as “Hosebay”. The appeals, brought by two central London Landed Estates, were challenging a Court of Appeal decision where it had been decided that a property used wholly for commercial purposes could qualify as a “house” for the purposes of enfranchisement.

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17 September 2012

Six new solicitors qualify at Forsters

Today marks the end of their two year training contract for six trainees at Forsters.  Mike Armstrong, Katie Hibbs, Nikolas Ireland, Julia Mirza-Begum, Alastair Robertson and Hugh Wigzell will become solicitors on 17 September. 

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31 July 2012

Forsters acts for "rooftop restaurant"

Forsters has acted for Sushi Samba, the leading sushi restaurant chain from the US which opens for business at the end of this month. Sushi Samba showcases the cultures of Japan, Brazil and Peru through its highly acclaimed menu, music and design. Forsters acted on the lease, construction and financing arrangements for their first restaurant in the UK.

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29 May 2012

Forsters acts on letting for Rockspring Hanover Property Unit Trust

Forsters has acted for a longstanding client, Rockspring Hanover Property Unit Trust in respect of a letting of the third floor and part first floor Verulam Point, St Albans. The tenant, the insurer, Aon Benfield Limited, has taken a total of 21,805 square feet at a rent of £21.50 per square foot.

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3 May 2012

Forsters 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 these results, Forsters' managing partner Paul Roberts said:

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4 April 2012

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 developments and achieved practical completion in May 2009.

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29 February 2012

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 who are named and for the firm as a whole. The Citywealth Leaders list comprises leading individuals working within the private wealth management sector.

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23 February 2012

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 Ltd of Ely House, Dover Street for a fifteen year term.

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20 February 2012

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 per annum respectively. The two properties were sold to Pelham Associates.

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23 January 2012

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 fixed uplifts to £49,050.00 in 2015, and then at 5 yearly intervals to £53,465.00 in 2020 and £58,276 in 2025.

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18 January 2012

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 Liverpool Street Station. The 48,000 square foot multi-let office and restaurant space had been substantially refurbished and re-let in recent years.

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10 January 2012

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, Stockton on Tees, which is scheduled for completion in September 2012, on a new 16 year lease.

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6 January 2012

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 Stores Limited and the sale completed on 6 January 2012.

 

 

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