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Real Estate & Construction

Bruntwood signs deal to increase 4G connectivity to Greater Manchester

21 May 2014

Bruntwood has signed a deal with Cornerstone Telecommunications Infrastructure Limited (CTIL), that will enhance 4G mobile coverage for Greater Manchester businesses and residents.

CTIL is the company created to manage the single grid network of installations previously belonging to Vodafone and Telefónica. The 10 year contract will see CTIL place 4G telecoms apparatus on 17 of Bruntwood's buildings across the region.

Macfarlanes advises Legal & General on second UK Property Income Fund launch, £150m senior banking facility and Overgate shopping centre acquisition

20 May 2014

Macfarlanes has advised Legal & General Property, one of the UK’s largest and most established property fund managers, on the establishment of its second UK Property Income Fund (PIF II), a fund targeting a gross asset value of £750m and established for the purpose of investing in an income-focused diversified portfolio of UK commercial property.

City Estates Land Sale To Bring Major New Sainsbury’s Store To Gedling, Nottingham

19 May 2014

Real estate lawyers at Irwin Mitchell’s Sheffield office have advised City Estates (UK) Ltd on its sale of land in Gedling, Nottingham to supermarket giant Sainsbury’s, in a move which will see both the creation of jobs and one of the retailer’s largest stores in the country.

The sale of the former industrial land at Colwick Industrial Estate for an undisclosed sum is also expected to lead to the construction of a service station, family diner and fast food facilities on the site – with both the new development and its construction creating new jobs in the area.

Shoosmiths help CBRE move up to Temple Row

19 May 2014

Shoosmiths has advised global real estate services firm CBRE on their move to 55 Temple Row in the city. 100 CBRE staff will move from the real estate firm's current Cornwall Court offices on Edmund Street to their new base opposite Birmingham Cathedral later this summer.

55 Temple Row is the former Birmingham branch of the Bank of England and is a landmark building in the city centre. Clad in Portland stone and with copper-clad beams, the offices can be seen from almost every part of Cathedral Square.

Sentinel advised by Trowers & Hamlins on trio of housing projects

15 May 2014

Sentinel Housing Association is on track to complete a trio of significant housing projects which will see much-needed homes created across the north Hampshire area.  These latest projects undertaken by the Basingstoke-based not-for-profit association will deliver over 650 new homes, increasing Sentinel's locally managed portfolio to more than 9,000 properties.

DWF advises Norwepp as HCA invests in Liverpool Innovation Park

15 May 2014

DWF has advised Norwepp on the sale of Liverpool Innovation Park and Exchange Station, a recently-refurbished office in the city centre, to the Homes and Communities Agency (HCA).

The HCA has announced its investment in these two major commercial developments in Liverpool following an agreement between the HCA and Aviva Investors to close the North West property joint venture Norwepp.

Nabarro advises on acquisition of Sainsbury's headquarters

14 May 2014

Nabarro has successfully advised on the purchase of the well-known Holborn headquarters of Sainsbury’s. The firm provided advice on the real estate and finance aspects of the deal through new client Tishman Speyer. Tishman Speyer represented a consortium of members and Nabarro’s Funds & Indirect Real Estate partner Amanda Howard also acted for one of the consortium members.

DLA Piper advises on US $5 billion construction of Peruvian Metro

13 May 2014

DLA Piper has acted for the Nuevo Metro de Lima consortium on its winning bid for the US $5 billion Lima Metro Line 2 project in Peru. The consortium will be responsible for the design, finance and construction of the Metro, as well as the operation and maintenance of the project.

DLA Piper has acted for the Nuevo Metro de Lima consortium on its winning bid for the US $5 billion Lima Metro Line 2 project in Peru. The consortium will be responsible for the design, finance and construction of the Metro, as well as the operation and maintenance of the project.

Nabarro advises Urban&Civic on strongly oversubscribed listing of new £325m property force

12 May 2014

Nabarro has advised longstanding client, Urban&Civic, on its listing on the Official List through a reverse takeover of AIM-traded Terrace Hill Group.

Urban&Civic was founded in 2009 by a successful team led by Nigel Hugill and Robin Butler, who previously ran Chelsfield and Lend Lease. It has gone on to acquire strategic land assets at Alconbury, Cambridge and Rugby, Warwickshire with backing from GI Partners.