Real Estate

Nabarro to open second international base with Singapore launch

By Suzi Ring | September 20, 2010

Nabarro is set to launch in Singapore later this year, marking the firm's second office outside of the UK. The firm was granted a licence to practise in the region last week and will relocate construction partner Emerson Holmes to head up the office, which is due to open for business in November.

1 minute read

DWF growth continues with hire of Trowers real estate partner

By Suzi Ring | September 13, 2010

DWF has recruited a real estate partner from Trowers & Hamlins in Manchester as the fast-growing firm continues its expansion drive. Jon Kiddle started at DWF last month after eight years at Trowers, the last four of which he was a partner. He becomes the eleventh real estate partner in the firm's Manchester headquarters and specialises in the pub and leisure, social housing and corporate occupier sectors.

1 minute read

White & Case and Wragges add local lawyers in Paris push

By Suzi Ring | September 8, 2010

White & Case and Wragge & Co have both bulked up their Paris practices, hiring a number of local lawyers. White & Case has joined forces with local litigation boutique Beaussier & Associes, adding a team of two partners, one counsel and four associates. The tie-up gifts the US firm a white-collar practice in its Paris office.

1 minute read

Stephenson Harwood adds partner duo with Travers and Wragges hires

By Suzi Ring | September 6, 2010

Stephenson Harwood has bulked up its City real estate arm with two lateral hires from Travers Smith and Wragge & Co. Neil Murray has joined Stephenson Harwood's real estate finance practice after 11 years as head of banking at Travers. He has been at the firm for the last 25 years. He specialises in property finance, acquisition finance, securitisation, projects, corporate lending and restructuring.

1 minute read

Norton Rose, Ashurst and Hogan Lovells score lead roles on billion-dollar PPP

By Friederike Heine | August 26, 2010

Norton Rose and Ashurst have won lead roles on the largest-ever sports facilities public private partnership (PPP) - the S$1.4bn (£664m) development of a major sports complex in Singapore. Singapore Sports Hub Consortium, which was appointed by the Singapore Government as the preferred bidder in 2008, has instructed Norton Rose as primary legal adviser.

1 minute read

McGrigors signs up 10-strong Hammonds team in raft of new hires

By Claire Ruckin | August 26, 2010

McGrigors has bulked up its ranks across the UK with 15 new recruits, including a contentious construction team from Hammonds. The 10-strong team joins McGrigors as part a total of 12 recent hires for the firm's Manchester office. The Hammonds team includes partners David Moss, Paul Giles and Richard Anderson. Moss, Hammonds' former international head of construction, handed in his notice at the end of March this year, on one of only two days each year on which equity partners are able to resign from the firm.

1 minute read

Walker Morris Leeds headquarters sold to Swiss private trust

By Friederike Heine | August 26, 2010

The Leeds headquarters of national firm Walker Morris has been sold to a Swiss private trust in a multimillion-pound real estate investment deal. Kings Court in Leeds city centre has been sold by a local investment team from property consultancy King Sturge, acting on behalf of Alliance Trust Real Estate Partnership, an investment company based in Dundee.

1 minute read

CC appoints Spain real estate chief to head up global practice

By Sofia Lind | August 24, 2010

Clifford Chance (CC) has elected a new global real estate head with the firm's Spanish practice chief taking on the firmwide remit. Alfonso Benavides will take on the role from 1 September, suceeding Cliff McAuley, who is retiring from the firm. McAuley has led the real estate practice group for more than seven years after first being appointed in January 2003.

1 minute read

Freshfields real estate team breaks off in Hamburg to launch new firm

By Suzi Ring | August 12, 2010

Freshfields Bruckhaus Deringer is set to lose a team of real estate lawyers from its Hamburg office as the group departs to launch a spinoff firm. The team, which is led by partner Erwin von Bressensdorf, will leave Freshfields at the end of the month, leaving three real estate partners in the magic circle firm's Hamburg base and a total of 10 real estate partners across Freshfields' German offices. Bressensdorf has been a partner at the firm since 1989 and specialises in advising domestic and foreign developers, investors and financial institutions on commercial property law.

1 minute read

MoJ cost savings spark fears of widespread job losses

By Claire Ruckin | August 11, 2010

A third of the Ministry of Justice's (MoJ) 80,000 staff could see their jobs at risk under plans to cut £2bn from the department's annual budget, a union has warned. The Public and Commercial Services Union (PCS) has expressed fears that £2bn of the MoJ's £9bn budget will be axed within the first two years of the next spending review, which will be announced on 20 October. The union fears that 15,000 of the MoJ's 80,000 staff could be at risk of losing their jobs under the cuts, which it says are the equivalent of the entire budget for prisons.

1 minute read

Daily Business Review

Demand for Class A Space Strengthens in South Florida's Industrial Market

By Melea VanOstrand | October 26, 2022

As inventory is running out in Miami-Dade, Broward County is seeing an uptick in migration from tenants in the Miami area.

4 minute read

Daily Business Review

Competition for Land Is Fierce as Multifamily Developer Secures $15 Million Brickell Deal

By Melea VanOstrand | October 26, 2022

Due to the scarcity of development sites in Brickell, it was a unique opportunity for the developer as it was one of the last parcels to trade at record prices.

3 minute read

Connecticut Law Tribune

Murky? Connecticut Supreme Court Ruling Raises Questions About Statutory Interpretation

By Emily Cousins | October 26, 2022

"Broadly speaking, I thought Justice Ecker's concerns potentially open the door to a little more looking at how we describe what's ambiguous and what's not, to really wrestle with that a lot more," plaintiff's attorney Brenden P. Leydon said.

4 minute read

Daily Business Review

Borrowing Money to Comply With Amendments to Fla. Condominium Statute?: What to Know

By Steven Carlyle Cronig and Morgan E. Metzger | October 26, 2022

The new laws impose new obligations and liability upon condominium associations regarding structural inspections of their condominiums, disclosure of the results of those structural inspections and the obligation to collect reserves to pay for maintenance and repairs of the structural components of the condominiums.

6 minute read

Daily Business Review

'Cautious Optimism': Businesses Attracted to Broward's Development Opportunities, Class A Office Space

By Melea VanOstrand | October 25, 2022

"The major advantage Broward County has is its central location between Miami and Palm Beach. Companies can attract labor from both neighboring counties," according to Zach Talbot, a principal at Cresa South Florida.

5 minute read

New York Law Journal

Realty Law Digest

By Scott Mollen | October 25, 2022

This week in his Realty Law Digest column, Scott Mollen discusses "Haimovici v. Castle Vil. Owners Corp.," a lease termination action where records of the tenant's misconduct precluded a preliminary injunction, and "Application of Voice of Gowanus v. City of New York," where a challenge to Gowanus rezoning was dismissed due to a failure to show that the environmental review was capricious.

16 minute read

Connecticut Law Tribune

Attorney Fees Vacated as Connecticut Supreme Court Rules in Land Dispute

By Emily Cousins | October 25, 2022

Defendants brought evidence from deeds dating back to May 28, 1886.

4 minute read

New York Law Journal

Congress Extends Limitation on Deduction of Business Losses

By Ezra Dyckman and Charles S. Nelson | October 25, 2022

On Aug. 16, President Joe Biden into law the "Inflation Reduction Act," which, among other things, extended the limitation on the deduction of certain business losses from Jan. 1, 2027 to Jan. 1, 2029. The authors believe that this extension provision, although not highly publicized, could have a significant effect on businesses that have tax losses, including rental real estate businesses.

4 minute read

Daily Business Review

What Happens When a Gated Community Goes Resort-Rental?

By Nick Falcone | October 25, 2022

Changing attitudes about vacation and business travel, plus the growing number of work-from-anywhere employees and freelancers are transforming gated communities in Florida and around the world. A new model is emerging where developers, investors, property managers and hospitality companies are coming together to meet a new form of consumer demand.

5 minute read

Law.com

How I Made Real Estate Partner: 'It Is Important to Keep Working on Business Development Every Day,' Says Lisa S. Lim of Akerman

By Tasha Norman | October 25, 2022

"It is the process of getting complex deals done under pressing time frames so that a project with a public purpose can get financed, completed and utilized that drives me."

3 minute read