Forsters advise Sony Pictures on London HQ relocation
Forsters has advised Sony Pictures Entertainment (“Sony Pictures”) on the pre-letting of 77,200 sq ft of office space at Derwent London’s Brunel Building in Paddington, London.
Read moreGovernment proposes radical changes to leasehold law
On 19th July the Government released details of their new proposal to provide a fairer deal for leasehold owners. An independent legal body is developing a range of measures to make the enfranchisement process easier and cheaper for leaseholders.
Read moreForsters advises long standing client Greybull Capital in respect of British Steel financing
Greybull Capital acquired British Steel, a £1.4 billon turnover UK-based steel manufacturer, in June 2016. During the last two years the business has experienced significant growth. Greybull Capital has secured £90 million of asset-backed financing as part of its long-term strategy for British Steel.
Read moreRockspring acquires eye-opening central London office asset
Forsters has advised clients of Rockspring Property Investment Managers LLP, a Patrizia company, in relation to the purchase of a mixed use office and hospital building.
Read moreForsters advise on speculative logistics development
Forsters has advised Wrenbridge, on behalf of the Palmer Capital Development Fund IV, in relation to a joint venture arrangement with the owner of a site in Basildon for the redevelopment of that site into a new 223,000 sq ft warehouse scheme.
A planning application for the £35 million speculative development is due to be submitted in July for a three-unit scheme.
Read moreForsters advises the Crown Estate on JLL HQ acquisition
Forsters has advised the Crown Estate on the acquisition of the long leasehold interest in 30 Warwick Street, London W1 in a joint venture arrangement with Norges Bank Real Estate Management. The purchase price was £115 million, with the Crown Estate acquiring a 75% interest and Norges the remaining 25%. The Crown Estate also owns the freehold title and will be asset managing the building.
Read moreBespoke Hotels acquires the Mill Hotel in Chester
Forsters' highly regarded Hotels team has recently acted for long-standing client Bespoke Hotels on its long term lease of the Mill Hotel in Chester, following its recent sale.
Read moreForsters advise Bespoke Hotels on four new leases
Forsters has advised longstanding client, Bespoke Hotels, on the management and operation of four luxury regional hotels owned by the Singaporean based Fragrance Group.
Read moreForsters advise on development and sale of urban logistics asset in Reading
Forsters has advised Rockspring Property Investment Managers LLP, a Patrizia company, on behalf of Rockspring TransEuropean Property Limited Partnership V (“TEP V”), in conjunction with its development partner Peel Logistics Property, in relation to the development and sale of the 256,000 sq ft Island Road logistics development in Reading.
Read moreForsters leads on £200 million financing deal for the new Mandarin hotel and 80 luxury flats
Forsters’ Banking and Finance Team have led on a significant development financing loan from two funders for the development of an exciting new luxury boutique hotel and 80 apartments in Mayfair.
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