20 Forsters lawyers have been selected by Chambers to appear in the next, 2013, edition of Chambers UK - A Client's Guide to the UK Legal Profession as leaders in their respective fields. They are:
Read moreForsters' market leading property and corporate real estate teams represented Knight Dragon Limited, a company ultimately owned by Dr. Henry Cheng, one of Hong Kong’s leading businessmen, on the acquisition of a 60% stake in the prestigious Greenwich Peninsula development project.
Read moreForsters has acted for The Mayfair Capital Property Unit Trust (MCPUT) , the Jersey Property Unit Trust (JPUT), on its purchase of three further properties taking the portfolio to a total of 18 properties and increasing the NAV to £86 million.
Read moreForsters has acted for a longstanding client, Rockspring Hanover Property Unit Trust in respect of a letting of the third floor and part first floor Verulam Point, St Albans. The tenant, the insurer, Aon Benfield Limited, has taken a total of 21,805 square feet at a rent of £21.50 per square foot.
Forsters has recorded a 13% increase in fees and similar increase in profits in the year to 31 March 2012. Fees were up from £25m to £28m, PEP was up by 11% to £403,000 and EPP (Earnings Per Partner) rose by 14% to £311,000.
Commenting on these results, Forsters' managing partner Paul Roberts said:
Read moreForsters represented the Trustees of One Plantation Place Unit Trust (OPPUT), the owner of landmark building Plantation Place in London EC3, on property matters arising out of the sale of 100% of OPPUT to a consortium of investment funds and companies indirectly owned by the Safra family.
Read moreForsters LLP has acted on behalf of PG Media Services Limited in respect of the grant of two underleases at Pembroke Building forming part of the Kensington Village development in W14, for terms expiring in 2016. PG Media Services Limited have underlet the First Floor to Aspect Education Limited at an initial rent of £234,000.
Read moreForsters Senior Partner, Guy Jordan, has acted for The Crown Estate in respect of the sale of Eon House, 138 Piccadilly. Eon House is the home of Eon Productions, the company known for producing the James Bond film series, including the latest instalment "Skyfall" currently being filmed and starring Daniel Craig.
Read moreThe Bank of Tokyo Mitsubishi UFJ Ltd part of the Mitsubishi UFJ Financial Group, has completed a further lease in British Land's Ropemaker Place development in the City. The 20 storey building is one of the City's most sustainable developments and achieved practical completion in May 2009.
Read moreCommercial property partner Magnus Hassett has acted on a letting on behalf of long-standing client, British Airways Pension Fund, at Water's Edge, Brindleyplace, Birmingham. The lease to Wagamama Limited is for a 25 year term.
Wagamama join Carluccio's, Bank, Piccolino and Pizza Express in vibrant Brindleyplace.
Read more
