Forsters has advised Europa Capital on the sale of a portfolio of retail and office properties to a REIT sponsored by Canaccord Genuity for a sale price of £76.7 million. This is the first purchase by the REIT since it was launched.Read more
The Chancellor has just announced in his Autumn Statement that Stamp Duty Land Tax, in relation to residential assets, in its current form is being abolished from midnight tonight.
There will be no slab system. Instead, the tax will be charged on a progressive basis, as below:Read more
Forsters has advised real estate fund manager Moorfield Group and shopping centre asset manager Plus Shops Retail, in relation to an agreement with Premiere Cinemas to re-open the five screen, 755-seat cinema which forms part of the Capitol Shopping Centre in Cardiff.Read more
Forsters has advised a pension fund managed by LaSalle Investment Management in relation to the £16 million forward funding of a student housing development in the heart of Norwich. The developer is Alumno Developments.Read more
Legal 500 2014 edition cements Forsters reputation as the leading Mayfair real estate and private client firm
Forsters is recommended across 17 practice areas including nine listings for commercial real estate and five for private client – the firms' two core areas of expertise. In 'Real Estate- Commercial Property' the firm has moved up a tier to second place. In 'Private Client Personal tax, trusts and probate' the quote consolidates a growing reputation within the market:Read more
Forsters has advised overseas high net worth investors in relation to the purchase of the long leasehold interest in a prime West End investment property at 17 and 19 Wigmore Street, London W1. The purchase price was £11.3 million.Read more
Forsters has advised a private family trust on the acquisition of 24 St James's Square, W1 for a purchase price of £42 million. The office building has been acquired with vacant possession and fronts onto both St James's Square and Pall Mall.Read more
Forsters advise BA Pension Fund and Evander Properties on award-winning Waitrose dot.com development
Forsters has advised logistics and industrial property specialists, Evander Properties Limited, and longstanding client British Airways Pension Fund in relation to the award-winning development of a bespoke distribution centre located in Coulsdon, south London for the online grocery arm of leading UK supermarket retailer, Waitrose.Read more
Forsters LLP, one of London’s leading law firms, has appointed Smita Edwards as its new Senior Partner.Read more
Commercial Real Estate partners Victoria Towers and Magnus Hassett and their team have advised longstanding client Rockspring Hanover Property Unit Trust on the acquisition of a portfolio of 10 industrial estates and an office park for a purchase price of £62,070,000.Read more
Forsters has announced results for 2013/2014 with fee income rising by 12 per cent to £36.5 million.Read more
Leading Mayfair law firm Forsters has provided a multi-disciplinary team to advise on the acquisition of the luxury 5 star hotel, London Marriott Hotel Grosvenor Square.Read more
Forsters' market leading commercial real estate team has advised long-standing client Scottish Widows Investment Partnership (SWIP), now part of Aberdeen Asset Management, on its disposal of 35 Marylebone High Street, W1.
The building was the former home of BBC London. It has been sold to luxury residential developer the Royalton Group for £75 million.Read more
Oliver Wright, a specialist planning lawyer, has been promoted to partner in the Planning team.Read more
Forsters has advised Auto Trader Limited (which operates in the UK through its flagship brand Auto Trader), in respect of the letting of 60,000 sq ft at Ask Development's Number One First Street in Manchester.Read more
On 24 February, The Court of Appeal delivered a landmark Judgment relating to the recovery of rent from a corporate tenant in administration where the administrators continue to make use of the premises after their appointment.Read more
Leading real estate law firm Forsters LLP is pleased to announce the appointment of Christian Charles to its construction team.
Christian joins Forsters from Hogan Lovells International LLP, where he qualified as a solicitor in 2009. Forsters’ team of construction specialists now consists of two partners, five assistants and one trainee.Read more
A cross-practice group team from Forsters is advising Wrenbridge and Palmer Capital in relation to a £15m speculative industrial scheme in Chingford, north London.Read more