Forsters acts for Caudwell in prestigious branded residences agreement at 1 Mayfair with Dorchester Collection
Leading London law firm, Forsters, acted on behalf of super-prime property developer Caudwell on the appointment of Dorchester Collection to provide luxury services to residents at 1 Mayfair. The prestigious scheme on South Audley Street, with a GDV of over £2bn, will bring 29 new residences to market in the latter part of 2026.
Forsters brought together a collaborative cross-firm team including lawyers from its commercial and residential real estate teams, property litigation, and its hotels team to handle the negotiation of the bespoke agreements from both a legal and commercial perspective. The ability to draw on expertise from across Forsters enabled the firm to forward think risk and embed the agreed outcomes in the suite of documents. The Forsters’ hotels team expertise was integral to the negotiations with Dorchester Collection. Dorchester Collection was represented by Dentons; led by partners Chris Bennett and Rick Ross, the Global Chair of the practice.
Dorchester Collection, the mark of distinction reserved for the world’s most extraordinary hotels, including The Dorchester, as well as branded residences will provide bespoke luxury services including, concierge and other hotel-style services for residents.
The bespoke property management agreements will also see the provision of ‘housekeeping services’ from at-home dining and event management to pet care and personalised flower arrangement.
Helen Marsh, Partner, Forsters, said, “Forsters was delighted to work with the Caudwell team on bespoke property management arrangements with Dorchester Collection for 1 Mayfair. The breadth of legal expertise required to manage and finalise this deal is testament to the strength of our real estate practice. The management agreement is the cumulation of years of work with Caudwell, which included advice on the legal structures of the residences and the services provided by Dorchester Collection.”
Richard Bosson, Director of Caudwell, said, “The expertise and service brought to this agreement by the Forsters team was exemplary. The cross-practice team was able to bring a wealth of experience to the table and negotiate an agreement with Dorchester Collection that will ensure that the exceptional amenities and service provided at 1 Mayfair will be to the highest standards.”
1 Mayfair has 24 principal residences including lateral apartments, penthouses and townhouses, five further pied-à-terre and stately home inspired entertaining halls and lounges designed around a central garden. It will be complete with luxury amenities including a health spa featuring a 20-metre (65 ft) swimming pool, gym and treatment rooms, basement parking and 24-hour security, concierge and valet parking managed by Dorchester Collection.
The negotiation of the agreement was led by Helen Streeton, a Partner in the Commercial Real Estate team at Forsters.
