Allen & Overy (A&O) and Freshfields Bruckhaus Deringer are handed coveted roles as LST’s main strategic advisers at the top of a three-tier panel system.
Freshfields banking partner Jeffrey Rubinoff cemented the magic circle’s long-term relationship with the group, while real estate partner Daniel McKimm led the bid for A&O.
City firms Ashurst, Berwin Leighton Paisner, CMS Cameron McKenna and Lovells are named alongside national giant Pinsent Masons on the second-tier panel and will advise on interdisciplinary transactional work including real estate, M&A and private finance initiatives.
The review was completed late last year and was overseen by LST legal director Tom Symes.
LST has also named a third tier of firms to look after regeneration and public private partnerships (PPPs), with top 10 UK firm Eversheds among a clutch of national firms given the nod.
The review comes after a series of major acquisitions – including deals to take over Investors in the Community, AMEC Projects Investments and the Secondary Market Infrastructure Fund – left LST with more than 30 advisers.
LST, a subsidiary of FTSE100 giant Land Securities, is the