What the team is known for Recommended for its representation of private equity funds and portfolio managers, often from the USA, in relation to significant asset transactions. Remains strong in the student accommodation and shopping centre spheres.
Strengths (Quotes mainly from clients)
"They burn the midnight oil to achieve what we want."
Work highlights Acted for Brandeaux Advisers on the sale of a number of residential portfolios with a combined value of approximately £1 billion.
Advised Invel Real Estate on the complex purchase of a portfolio of properties and owning companies. The assets were in Italy and the UK.
Simon Kanter is a well-known member of the team who advises on various areas of corporate real estate. "He somehow always manages to make himself available at very short notice should the situation require it," says a client.
Jonathan Lewis covers all aspects of commercial property transactions and has recent experience in a number of complex investment matters. He is the head of the real estate team.
Tim Westhead advises on property investment and development and is particularly active in the student accommodation and shopping centre sectors.
Significant clients Ares Management, Delancey, F&C REIT Asset Management, Benson Elliot, InfraRed Capital Partners.
With Ares Management, Liberty Living, and Delancey among its clients, Olswang LLP became more prominent in this sector, with Tim Westhead assisting Brandeaux Advisers on the sale of £1bn worth of residential portfolios. It also acted for Invel Real Estate Partners on the purchase of a real estate portfolio in Liverpool, the Docklands area, and Italy. Martyn Needham, an ‘excellent negotiator’, is recommended. Jonathan Lewis heads the team.
Olswang LLP’s Carol Griffin is ‘a great asset to the team’ who ‘gets deals done under exceptionally tight deadlines’. Senior associate Stephen Baker is ‘thorough, knowledgeable and helpful’. Notable clients include F&C REIT, Direct Wines and InfraRed Capital Partners.
What the team is known for Acts for private equity funds and institutions on property portfolio sales and acquisitions, as well as single asset deals. Particular expertise on investment in the retail sector. Also handles asset management for institutional landlords.
Strengths (Quotes mainly from clients)
"Olswang are excellent, very commercially minded. They don't tell you the law; they tell you the way forward."
"In terms of resourcing both numerically and in quality terms they've yet to let us down. There's a deep bench there on the various areas of advice we're now seeking from them."
What's new? New clients include Qatari Diar, Kennedy Wilson and Ronson Capital Partners.
Work highlights Acted for F&C REIT Asset Management on its £250 million acquisition of a portfolio of shopping centres.
Advised Capital & Regional on exchange of contracts with Resolution Property for the £71.1 million sale of the Great Northern Warehouse shopping centre, Manchester.
Simon Kanter's caseload includes portfolio transactions, single asset deals and corporate real estate. Clients say: "He has his finger on the pulse and has a good understanding of our affairs. Responsive and very approachable."
Head of department Jonathan Lewis recently acted for Quintain on a £39 million portfolio sale. "He is one of the best lawyers I've ever worked with," enthuses one client, adding: "He's incredibly clever, his contracts are very good and he just knows how to get the other side to agree to what we want."
Tim Westhead advised Oaktree Capital Management on its £40 million acquisition of an office property in Manchester. "Tim is a very practical lawyer," explains one client; "he knows how to get things done, but at the same time if we need to choreograph the pace of a transaction to suit us he can do that too."
Significant clients Delancey, Gamla, Aberdeen Asset Management, Brandeaux, Heron.
Practice head Carol Griffin and senior associate Stephen Baker
act for an impressively broad range of clients from Olswang LLP's
Reading office, including funds such as Aberdeen Asset Management
and UBS Triton Fund.
Olswang LLP gives clients 'an excellent deal team on transactions' and provides 'a seamless service'. It advised F&C REIT on a transaction to acquire the Dollar shopping centre portfolio in a £250m club deal from the Grosvenor Estate. Simon Kanter is 'outstanding', and Jonathan Lewis and Tim Westhead are also recommended.
A well-regarded practice offering advice to banks and non-bank
lenders in the market. A trusted adviser to borrowers in relation
to structured finance. Offers advice on tax and corporate
issues in addition to real estate finance.
Strengths (Quotes mainly from
Clarity: "I like the way they communicate to break down
legally complex matters into something less complicated."
Work highlights: Advised Capital & Regional
and Oaktree Capital Management on the £130 million financing for
the acquisition of Kingfisher Shopping Centre.
Advised lenders Santander and Hypothekenbank on £177 million
facilities issued to Legal & General UK Property Income Fund to
make acquisitions, including the Fix Portfolio.
Significant clients: Lloyds, Aareal Bank,
Nationwide, Delancey, NAMA.
Wide expertise in construction matters, particularly on the
contentious side. The team is adept at handling matters in a
variety of areas, including retail, residential, sport,
education and commercial. It also has international
Strengths(Quotes mainly from clients):
Client service:"They work in tandem with the client and it's almost
like they're in-house and there to do the job how you want."
Client service:"They're extremely helpful;
I'm delighted with the service they offer."
What's new? New clients include Benson
Elliott Capital Management, Dastur Trading
Work highlights: Acted for Capital &
Regional on construction matters related to its acquisition of
the Kingfisher Shopping Centre in Redditch.
Acted for Liberty Living on the construction aspects of its
purchase of student accommodation in Newcastle.
is the key contact.
Significant clients: UBS Global Asset
Management, Aberdeen Asset Management, Tottenham Hotspur, F&C
Reit, Benson Elliott.
Focuses on investment, development and corporate occupiers. Particularly active in hotels and shopping centre work.
What's new? New clients include BP, DEVK and Melia Hotels International.
Work highlights: Acted for Legal & General on the £100 million sale of St Martin's Court.
Advised Capital & Regional on its £130 million acquisition of Kingfisher Shopping Centre in Redditch.
Simon Kanter acts for international and domestic investors. He specialises in structured real estate, with recent work including the £70 million acquisition of Lanes Shopping Centre and other properties for a limited partnership.
Jonathan Lewis advises investors and developers on real estate matters in the industrial, office, retail and hospitality spaces.
Tim Westhead focuses on development, portfolio acquisitions, joint ventures and structuring. He is active in the student accommodation and retail sectors.
Significant clients: F&C REIT, UBS, Delancey, Heron, Aberdeen Asset Management.
Sizeable property litigation specialist team that acts
for major property developers and investors in large-scale
Work highlights: Acted on a high-profile
break options case for Intergraph UK, achieving a High Court
Instructed by Legal & General to obtain possession of a
property which had been unlawfully let to another party.
Barclay has particular expertise in rent reviews. His
clients include Legal & General and Delancey.
Cameron Lawes has recent experience of advising on
landlord and tenant matters.
Significant clients: BP, Capital & Regional
Group, Delancey, Legal & General Property, UBS.
Olswang LLP's 'exceptional' team includes recommended Carol
Griffin and Stephen Baker, who is 'an excellent problem-solver and
negotiator'. Clients include institutional investors such as
F&C REIT and InfraRed Capital Partners.
Olswang LLP has a 'good ability to cross-refer to other areas of
the firm for specialist advice'. It acted for Capital &
Regional on the £130m acquisition of Kingfisher Shopping Centre,
Redditch. Hotels work included acting for Melia as future tenant
and occupier of a 208-bedroom hotel in Manchester. Jonathan Lewis,
Tim Westhead and Simon Kanter 'know their stuff and are very
Olswang's real estate team has a strong client base of investors, developers and banks which it advises on acquisitions, disposals and developments. The firm has particular expertise in advising on shopping centre investments, while sources also note its international capabilities. One particular highlight has been the firm's advice to Delancey on its £557 million purchase of the Olympic Village in Stratford. Clients say: "They are responsive to our needs and know our business and ethos. We get a quick response at the right level of seniority and have open access to them at all times." Key clients include Delancey, Legal & General and Nationwide.
KEY INDIVIDUALS Simon Kanter is described by admiring peers as "one of the best legal brains in property." He has advised on numerous high-value acquisitions and sales, including recent advice to F&C REIT Asset Management on its £165 million disposal of St Katherine's Dock, London.
Jonathan Lewis is a key partner in this team, and he has been active on a number of transactions, including representing Ronson Capital Partners in a £62.5 million purchase of an office building on Chiltern Street in London.
Tim Westhead is hugely experienced in corporate and finance work, and his recent workload has included advising Liberty Living on its £200 million refinancing of a student accommodation portfolio.
Clients say that Martyn Needham "knows his stuff and explains it very well." He is particularly expert in the handling of retail sector transactions, which has recently included advice to Aberdeen Property UK Retail Parks Partnership on its £40 million disposal of St John's Retail Park, Wolverhampton.
Olswang's 'overall level of service is
excellent with great sector knowledge'. The firm acted on over
£5bn-worth of transactions, including the £165m sale of St
Katharine's Dock. Hotels and leisure work increased with
transactions for Melia Hotels International, Guoman Hotels and Soho
House Group. The team has 'outstanding commercial acumen', and
includes Tim Westhead, Simon Kanter and Jonathan Lewis.
Real estate lawyers at Olswang "are completely on the
ball at the time - they are efficient, timely, responsive and
professional". Expertise in corporate, real estate, tax and
litigation ensures that this multifaceted group is equipped to act
on the most challenging transactions.