16 December 2013
Forsters has advised HIFML UK Property Fund managed by Scottish Widows Investment Partnership (SWIP Real Estate) on the acquisition of the newly developed Harlequin Building, 65 Southwark Street, London SE1 from Rockspring UK Value Fund for £40 million in a deal which was conducted off-market in only 7 days.
Read more
16 December 2013
Forsters has acted on behalf of a fund managed by Scottish Widows Investment Partnership (SWIP Real Estate) in relation to the sale of Enterprises House, Uxbridge to M & G Real Estate for around £52 million.
Read more
4 December 2013
Forsters has advised a private overseas investor on the acquisition of landmark city centre office investment, Kings Court in Leeds.
The 47,000 sq ft property is let in its entirety to law firm Walker Morris LLP, who have occupied the building since its development in 1989, with an annual rental income of £891,000.
Read more
6 November 2013
Forsters advise Benson Elliot on acquisition of Quedam Centre, Yeovil
Forsters has advised new client, UK-based private equity real estate fund manager, Benson Elliot Capital Management LLP on the acquisition of the Quedam Shopping Centre in Yeovil, Somerset from UBS Global Asset Management.
Read more
1 October 2013
Forsters has advised a fund managed by Rockspring Property Investment Managers on the sale of Grade A office building, the Stanza Building in Uxbridge, to NFU Mutual Insurance Society for £43.075 million.
Read more
25 September 2013
Forsters continues to advise privately owned property company, Menta Developments, in relation to its regeneration plans to transform the area around East Croydon Station.
Read more
19 September 2013
Forsters has advised a new client, leading Far East multinational Takenaka Corporation and its group companies, on the £112.5 million acquisition of the long leasehold title to One Fleet Place in the City of London, EC4 from LondonMetric.
Read more
2 September 2013
Forsters has acted on behalf of F&C REIT Asset Management in relation to the sale of the freehold interest in 160 – 166 Kensington High Street for £26.4 million.
Read more
15 August 2013
Forsters, one of London's leading Private client and real estate law firms, has decided to 'walk all over cancer' by participating in the Shine Night Time marathon walk, in support of Cancer Research UK on Saturday 28 September 2013.
Forsters Family Law Team and colleagues from other departments have volunteered to show their support for this worthy cause.
Read more
29 July 2013
Forsters has advised a fund managed by Rockspring Property Investment Managers and development partner Bell Hammer on the letting of the whole of the 82,400 sq ft Grade A office building, the Stanza Building in Uxbridge at a rent psf of £32.
Read more
22 July 2013
Forsters has acted for Retail Plus Property Trust, managed by Rockspring Property Investment Managers LLP, on the £14.35 million forward funding of a new hotel and retail development on St Peters Street in the heart of St Albans to Lancashire County Council Pension Fund as clients of Knight Frank Investment Managers.
Read more
19 July 2013
On 1 July 2013, the Leasehold Valuation Tribunal (LVT) in England became a 'First-tier Tribunal (Property Chamber)'. The aim is to bring the LVT more in line with other tribunals and courts in a newly unified system. The new rules should have a significant impact.
Read more
17 July 2013
In the forthcoming Chambers UK Directory 2014 edition, 22 Forsters lawyers have been selected to appear as leaders in their respective fields. Since 1989, Chambers has been researching the UK legal profession and identifying the leading lawyers and law firms through interviews with thousands of lawyers and their clients.
Read more
4 July 2013
Forsters has advised LXB Retail Properties in relation to various transactions which will divest the AIM listed company of the majority of its property interests in the Royal Borough of Greenwich.
Since its IPO in 2009, LXB has made a number of investments in existing retail assets and development sites in the Greenwich area as part of a major retail redevelopment scheme.
Read more
21 June 2013
Cravecrest Ltd v Trustees of the Will of the Second Duke of Westminster and Vowden Investments Limited [2013] EWCA Civ 731
On the 19 June the Court of Appeal gave judgment on an appeal bought by the tenants of a block in Wilton Crescent, London regarding development value.
Read more
20 June 2013
AlloyMtd Group, a leading Asian infrastructure conglomerate headquartered in Kuala Lumpur, has today announced that it has completed on the purchase of the strategic and landmark freehold of UBS’s development site at One Crown Place, London, EC2, located in Central London.
Read more
19 June 2013
Forsters LLP, one of London’s leading private client law firms, has appointed Fiona Smith to head its rapidly expanding Private Client Practice
Read more
12 June 2013
The Supreme Court has found in favour of Mrs Prest, with the size of her award at £17.5m remaining unchanged. What is of particular interest in this case, is the interplay of family and corporate law, and the remarks made in the Court of Appeal that the family court could not run by its own set of rules, but must be consistent with other divisions of the High Court.
Read more
30 May 2013
Forsters has advised HIFML UK Property Fund managed by (SWIP) Scottish Widows Investment Partnership in relation to the £17.5 million funding of a hotel and retail development in a prime site located next to South London transport hub, Vauxhall Station Interchange. The developer was Salmon Harvester Properties, a joint venture between Salmon Developments and NFU Mutual.
Read more
7 May 2013
Forsters’ head of leasehold enfranchisement, partner Natasha Rees, is speaking at the LEASE Annual Conference on 21 May 2013.
Read more
3 May 2013
Stuart Henley & Anr v Emmanuel Cohen [2013]
The Court of Appeal has further reduced the scope of the Leasehold Reform Act 1967 by ruling that a shop with a residential flat above does not constitute a “house”.
Read more
1 May 2013
Forsters has seen strong growth across the business for the third year running in spite of challenging market conditions.
The firm has reported an impressive increase in fee income, with fee income up 16% year on year. Fees are up ahead of budget from £28 million to £32.5 million.
Read more
30 April 2013
Forsters strengthens its Private Client and Real Estate teams with two partner promotions.
Read more
18 April 2013
David Smith and Jonathan Dennis v Jafton Properties Ltd [2013]
The decision related to a block in Clerkenwell that was converted a number of years ago into loft style apartments. Two of the flats were let to Mr Smith and two to Mr Dennis. At the date of the claim the apartments were being sub-let to a company that used them as “serviced apartments” .
Read more
15 April 2013
Jonathan Ross, Forsters head of property litigation, has been shortlisted for the new Chambers 100, “a ranking of the UK's top 100 business lawyers, the crème de la crème – ranked according to their legal capability and the service they provide to their clients” The shortlist of nominees for the 100 is drawn from all the main commercial areas of practi
Read more
15 April 2013
Forsters has acted on behalf of a Fund managed by Rockspring Property Investment Managers in relation to the £12.27m forward funding of a supermarket development in Milton Keynes. Frontier Estates is Rockspring's development partner for the project.
Read more
3 April 2013
Durham Law School has announced the introduction of a new examination prize to their existing prizes and scholarships portfolio. The Forsters Prize in Land Law is an annual examination prize established by Forsters LLP. Under the terms of the prize, the top three students based on exam performance will receive financial prizes of £1,200 (1st place), £600 (2nd place) and £200 (3rd place).
Read more
6 March 2013
The Supreme Court has today handed down its decision in the case of Daejan Investments Ltd v Benson & Others [2013]. The Court has overruled the decisions of the LVT, the Upper Tribunal and the Court of Appeal by granting Daejan Investments Ltd, the landlord, dispensation from the consultation requirements under Section 20 of the LTA 1985.
Read more
4 March 2013
Forsters has advised Hoare Lea in relation to the completion of a lease of part of the Western Transit Shed. Hoare Lea are the first commercial occupier to move into the 67 acre King's Cross development scheme. The building features a brand new N1C postcode.
Read more
27 February 2013
Eighteen Forsters lawyers have been selected by Citywealth as leaders in their field. The 2013 list has just been published and those included are named below. Two additional Forsters lawyers have been named this year as leaders; Laura Brown and Xavier Nicholas. This represents an outstanding achievement, both for all the individual lawyers who are named and for the firm as a whole.
Read more
27 February 2013
Forsters has recently won an instruction from the iconic world leading"home of dance music and the world's best nightclub" Ministry of Sound in relation to the proposed development of a 41-storey residential tower block directly opposite the club.
Read more