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 moreOn 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 moreIn 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 moreForsters 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.
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 moreAlloyMtd 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 moreForsters LLP, one of London’s leading private client law firms, has appointed Fiona Smith to head its rapidly expanding Private Client Practice
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 moreForsters 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.
