02 May 2006

Kanter Jules joins Olswang

Continuing the growth of the firm, Kanter Jules, the West End real estate firm specialising in commercial property, joins Olswang boosting the real estate, corporate and litigation practices.

Founded in 1949 by Harry Kanter, who becomes a consultant to Olswang, Kanter Jules is highly regarded in the commercial property industry having acted on a number of complex and high value transactions for a variety of clients, including REIT Asset Management and Apollo Real Estate. Kanter Jules has recently acted on a £290m portfolio sale, the £360m sale of Fosse Park shopping complex in the Midlands and the £300m approx. acquisition and leaseback of 312 UK stores from the Boots Group.

As of 2 May, a total of seven fee earners, including two partners in the real estate and corporate departments, will join Olswang's London headquarters, further strengthening the firm's established offerings. The real estate and corporate groups will grow to 16 and 25 partners respectively, supporting their considerable reputation in the industry, with both groups continuing to grow in size and market share.

The addition of Kanter Jules continues the firm's strategy which began in 2002 when Olswang acquired the Garrett’s office in the Thames Valley, the real estate and MCT practices of DJ Freeman in 2003, and more recently Julian Holy Solicitors in June 2005. The integration of each of these practices has been seamless as the firm continues to grow.

Jonathan Goldstein, Chief Executive of Olswang said, "The arrival of the Kanter Jules team further enhances the strength and quality of both clients and our offering at Olswang. The firm has continued to solidly develop as a market leader and we're proud to retain the core values and attributes on which we were founded 25 years ago. We're looking forward to continuing the excellent service provided by Simon Kanter and his colleagues to their industry leading clients and welcoming the team to the firm."

Simon Kanter said, "The move to Olswang is an exciting one for Kanter Jules. It is also a tremendous accolade to my father Harry Kanter who created and fashioned the firm and the quality of its work.

With leading clients and an established reputation, Olswang was the best firm to help take us to the next platform and continue developing the strength and breadth of our service. Our team and our clients are all looking forward to becoming part of the Olswang culture."

Olswang already boasts an enviable client list of investors and developers and has been involved in a number of notable real estate transactions including acquisitions, refinancing and litigation for clients including Berkeley Homes, Brixton Plc, ING Real Estate, Hypo Real Estate Bank International and Royal Mail Group. Transactions completed in the last 12 months by the real estate group exceed a combined value of £4 billion.

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