Real Estate: London

This real estate group has maintained its impressive reputation for dealing with institutional investors, corporate occupiers and asset managers. Acting for major lenders in the UK, it also continues to successfully manage its hotel and leisure practice. The practice recently added Rockspring UK Value Funds to its client list and advised the fund on the acquisition of a multi-let shopping centre in Essex. The group handles a range of complex work across the real estate sector and also counts Anglo Irish Bank, Guardian Media Group and Threadneedle UK among its clients.

Client Service "They do well at making introductions to other contacts to try and link businesses together. The standard of care has not dropped at all in the recession."

KEY INDIVIDUALS Andrew Shufflebotham leads the firm's retail and consumer markets group and continues to represent high-street names such as Sainsbury's, PizzaExpress and Primark. He advised the last of these recently on the acquisition of a new flagship store on Oxford Street. Leading member of the real estate team Jane Hollinshead regularly works on behalf of Associated British Foods. She concentrates on commercial property, including mixed-use developments, hotels and residential schemes, and is commended by clients for her "excellent working relationships - she is proactive and really listens to what we need."

Allen & Overy's real estate group has been involved in a number of big-ticket real estate investments and lettings of late, and recently represented Goldman Sachs and HSBC as managers and joint lead arrangers on the £1 billion sale and leaseback of Tesco's divestiture of property assets. Other clients include National Asset Management Agency (NAMA) and Westbrook Partners. Sources say: "The lawyers understand the market and adapt their approach to put the client in the best position."

KEY INDIVIDUALS Global head of the firm's real estate practice Adam Cleal continues his representation of Nomura's global property portfolio, providing strong strategic advice. He garners praise for being "user-friendly, technically spot-on and mindful of market realities during negotiations." Daniel McKimm led the team advising Dutch pension fund APG and Canada Pension Plan Investment Board (CPPIB) in a joint venture to purchase a 50% interest in Westfield Stratford City. He also provided key advice to Avestus Capital Partners on the sale of The Estate Knightsbridge for approximately £600 million. Clients are impressed by his broad skill set: "He is able to be involved in the whole transaction rather than just aspects." Imogen Moss comes highly recommended by interviewees: "She is highly commercial, technically excellent and knows how to get the deal done." She has been advising Schroder Exempt Property, alongside colleague Christopher Woolf, on its extensive real estate portfolio, which includes the Moorgate and Mark Lane projects in the City. Both attorneys have extensive experience representing real estate investments.

This real estate powerhouse has the capacity to complete the most complex transactions, effectively marshalling the firm's different departments to meet the needs of clients. Retail, development, portfolio management, corporate deals and joint ventures are just some of the areas in which this team is highly proficient. Among the highlights of the year was advising Westfield Group on the letting arrangements for the site and sale of a 50% interest in Westfield Stratford City. The team's market-leading position is aided by its position as one of the lead panel law firms for both Crossrail and Tesco.

Commercial Awareness "They understand our company and its aims, they have the knowledge, and they are willing to talk about ideas and provide us with new options."

KEY INDIVIDUALS Hugh Lumby recently secured clients Real Estate Opportunities and Treasury Holdings, who will be redeveloping the landmark Battersea Power Station along with a joint venture partner. "He retains a huge amount of knowledge over a long period of time, and excels in his commercial awareness," say sources. Anthony Burnett-Scott has been involved in new development deals over the past year, including a mixed-use redevelopment scheme for long-standing client British Land at 10 Portman Square. "He is not afraid to offer guidance and advice to his clients and he is excellent to deal with," said a source. David Jones recently advised Inter IKEA's development branch Landprop Holding on its acquisition of nearly 13 acres near the London 2012 Olympic Park. Clients are effusive in their praise: "He is first-class and has top technical expertise - he also has the ability to switch between lawyer and businessman." A real highlight for Adrian Dear over the past year was representing new client CBRE Investors in the acquisition of Ford's head office - the debut purchase for its pan-European open-ended fund. He also represents Skechers in the UK and has a wealth of experience regarding retail parks and their acquisition, leasing, funding and development. Gerald Kelly's prestigious clients include Prudential and Berkeley, whom he recently advised on a joint venture. He also represented the latter raising funds for a redevelopment project. "He is thorough and always available for his clients," note sources. Martin Wright enters the rankings following praise for his ability to "negotiate well with people and display impressive patience." He has been advising developer Teighmore in relation to the Shard of Glass, which is set to be Europe's tallest mixed-use building.

Since publication, Simon Cookson has joined DLA Piper UK LLP

Baker & McKenzie continues to grow in the real estate sector, acting for clients ranging from hotels and leisure to retailers, corporate occupiers and lenders. Over the past year, the team has undertaken several major transactions, including ongoing lease agreements. Having an international presence has allowed the team to expand its cross-border work and attract international clients seeking to invest in London. This is reflected in a client list that includes the likes of the Edwardian Group, Sony and GM.

Client Service "The service is first-class - they understand us and what we are trying to do."

KEY INDIVIDUALS Justin Salkeld is quickly making his mark at the firm, having established his niche in the hotel and leisure industry. He recently acted as main corporate adviser to the Employees Provident Fund of Malaysia and its proposed investment in UK property, and has also been advising Gazprom on the development and lease of its new London headquarters in Regent's Place. He is praised for "keeping things simple - he is client-focused and easy to communicate with." Group head Stephen Turner is highly experienced in financings, acquisitions, divestitures and development transactions for commercial property, and regularly represents REITs. He is recognised by sources for his responsiveness and willingness to dedicate his time as necessary. His clients include Canada Life and Gate Gourmet. 

This four-partner team represents a broad range of occupier and public sector clients, with sources commenting that it is "very in tune with the charities sector." The past year has seen the team handle real estate work on behalf of Save the Children, Breakthrough Breast Cancer, YMCA and Ipsos-MORI. It has also made moves to develop its finance and lending expertise.

KEY INDIVIDUALS Nick Ivey co-chairs the commercial property group and regularly handles cases in both the public and private sectors. Clients include Samaritans, English National Opera and Goldsmiths College. "He is easy to work with and does a good job of putting legal jargon into layman's speak," say sources. Anthony Cartmell is the other co-chair and enters the rankings this year following strong praise from clients: "He only brings details that are relevant, that the client needs." He is adept at providing general strategic advice to clients such as the Lawn Tennis Association and the RFU. He also led the team advising GDF SUEZ on further leasing arrangements for various London properties. Clients say Martin Gunson "really understands what his client is trying to achieve and pushes this forward." He focuses mainly on finance, insolvency and corporate property, although he is also skilled in traditional real estate transactions and has played a key role in the sale of surplus land for the Royal Masonic Benevolent Institution.

This commercial giant has a stellar reputation in the market, offering services in every area of real estate law. The comprehensive practice includes a dedicated hotels group of ten partners, which recently acted for RBS in the £470 million sale of Mayfair's Grosvenor House Hotel to an Indian company. The past year has also seen the firm advise Tesco on a £685 million CMBS issuance which took place in conjunction with a joint venture and equity sale. Development, investment, regeneration and sustainability projects all represent areas of focus for this impressive group.

Client Service "The firm is helpful in introducing new contacts and potential new business."

Commercial Awareness "The lawyers' practical application of the law distinguishes the firm from the rest of the market - they give extremely good commercial advice." "The group understands the commercial reality and how to structure deals to ensure it gets the best deal on behalf of clients."

KEY INDIVIDUALS Chris de Pury is highly experienced in, among other things, domestic and overseas property investments and developments. He continues to represent Korean-based Rockspring Investment Managers, recently advising it over the purchase from Hammerson of the majority stake in a French shopping centre. Chair of this firm's hotels group Andrew Little is described by appreciative clients as "the best in his class." His recent practice has included advising Prime Hotels on the Bulgari branding and operating contracts for a high-profile luxury hotel and residential development in Knightsbridge. Robert MacGregor is described by one interviewee as "the best all-round conveyancing lawyer in central London; he is extremely gifted, understands what the client wants and is prepared to give commercial advice." MacGregor continues to advise Canary Wharf on the real estate aspects of its investment in the high-profile development of the 'Walkie Talkie' building. He also worked with colleague Alan Wight, on behalf of JPMorgan Asset Management, to secure the acquisition of Bishops Square from Hammerson and an Omani fund. Wight wins praise for his solution-focused approach and impressively quick turnaround on complex issues. Care homes and motorway service stations are a niche area of focus for David Levy. The well-regarded lawyer regularly advises his clients on a variety of transactions related to the hotels and leisure arena. James Knox has been quick to establish himself on a firm footing in BLP's real estate group. He played a key role in advising GIC Real Estate in its acquisition of the OpernTurm building in Frankfurt for EUR550 million, the result of a joint venture with JPMorgan Asset Management. Peter Rudolf's expertise in commercial real estate is particularly concentrated on development, a market in which he is highly regarded. David Battiscombe earns plaudits for "remaining objective, keeping lines of dialogue open, and remaining clear and firm in his advice." He regularly advises developers and hoteliers on real estate matters, and was recently involved with the redevelopment of the new Hampton by Hilton Hotel at Gatwick airport. Claire Milton is appreciated by clients for her efficiency; she has a broad range of experience to draw upon and is well equipped to handle all manner of real estate transactions and corporate support work. Andrew Sanders recently joined the firm from Hogan Lovells. He is "knowledgeable, hard-working and effective," according to sources. Richard Hopkinson-Woolley wins praise for maintaining strong working relationships with his clients. He has garnered experience in a variety of areas, including representing corporate occupiers in leasing transactions, forward funding across a number of sectors, and development and investment matters. Veronica Metter is well versed in a vast array of real estate development issues, often relating to retail centres based in the UK.

The team enters the rankings this year having developed a position as one of the leading providers for public sector clients, including health, housing and local authorities. Despite the change in government and associated spending reviews, the team has remained strong. It has acted on behalf of the NYSE Euronext on the leasing of new office space following its vacation of the Lehman building. Other notable clients include Barts & the London NHS Trust and Buckinghamshire County Council. Sources say the group is "diligent, responsive and down to earth - a real breath of fresh air."

KEY INDIVIDUALS Ian Caplan provides public and private clients with expertise in, among other things, PFI transactions, landlord and tenancy agreements, and the purchase and sale of investment properties. "He is proactive and flexible and he protects his clients by pointing out any and all risks being taken," say sources.

The six-partner team at Bircham Dyson Bell has a focus on commercial property and infrastructure projects - notably transport, leasehold enfranchisement and portfolio management. Sources say: "The attorneys are direct, open and available - and there is no bureaucracy." Representative clients include the likes of Transport for London, Centrepoint Soho and Brompton Estates.

KEY INDIVIDUALS Michael Parker heads up the firm's real estate practice.

This team of eight partners offers expertise across the real estate market and is recommended for "understanding that the client wants the best commercial option to be presented, not just the legal issues." It has particular expertise in real estate finance, construction and energy, advising corporate occupiers and other clients on the full range of issues. Notable clients include Ciena and Interxion.

KEY INDIVIDUALS Linda Fletcher is popular with interviewees for her ability to "explain legalese to laymen and present the client with options." Her focus is on advising corporate tenants on major office leases, although she also has an in-depth understanding of environmental issues and renewable energy projects.

The firm's real estate team is a major component of what clients praise as "a good practice with an all-round property understanding." This year has seen an effort to strengthen in the investment, development and hotel sectors, as evidenced by the range of clients and work. This includes advising Marriott Hotels on its UK operations and representing PMB Holdings and the National Grid Pension Scheme in asset management and investment matters.

KEY INDIVIDUALS Tim Manning represents both developers and investors. Recent highlights for him include advising Bedford Estates on the lease for Heal's and Habitat on Tottenham Court Road. Caroline King impresses clients with her "commercially minded approach and her ability to bring together a strong team." She leads the team's development advice for Grosvenor and is assisted by colleague Manning, who has maintained a long-standing working relationship with this client. Both attorneys are involved in providing ongoing advice to the Grosvenor property group on the £1 billion 'Liverpool One' development project.

This firm's real estate group is able to offer an integrated service thanks to its close relationships with other property-related teams at the firm, such as tax and construction. The group acts for institutional investors, property funds, charities and clients from the telecommunications sector. Representative clients range from Credit Suisse and Xerox Property Fund to Arqiva and Devington Homes. Interviewees enthuse that the lawyers at this firm "react very quickly and are extremely persistent and are therefore able to complete matters swiftly and pragmatically." 

KEY INDIVIDUALS Lynn Povey leads the firm's real estate practice in London and also heads up the group that handles the property needs for numerous charity and non-profit organsiations. The past year has seen her provide ongoing advice to Eton College regarding the use of the college's rowing centre for the Olympics; matters handled include the development agreement, mineral extraction, tax and complex title issues. "Her commercial property legal knowledge is excellent, as is her understanding of clients' requirements across the property spectrum," said a source.

Clifford Chance continues to be a leading firm in the London and international markets. It has a strong presence across the real estate and hospitality sectors and is praised by clients for "providing us with a one-stop shop." The integrated practice works closely with other departments within the firm, maintaining strong links with financial institutions and developers as well as private equity groups. It has recently acted on some high-value sale and letting deals for Canary Wharf Group and continues to advise City of London and Morgan Stanley Real Estate Fund.

Commercial Awareness "They have great expertise and experience and can handle the overseas element seamlessly. They look at the commercial aspects as much as the legal to ensure that we get what we need."

KEY INDIVIDUALS Jonathan Solomon has recently been promoted to lead this firm's real estate practice. According to sources, "he is calm and knowledgeable, the work he does is of the highest order and he works hard to maintain a personal relationship with his clients." His expertise lies in office developments, where he represents tenants, developments and lenders. A recent highlight for Solomon was leading the team's advice to Helical Bar on its acquisition of a hospital that will be available for redevelopment on the completion of the new St Bartholomew's Hospital. Tony Briam recently advised the Canary Wharf Group as it leased space on Bank Street for Shell's new headquarters; he was also instructed by the seller on the disposition of its 150,000 sq ft of prime City office space, Bow Bells House. Interviewees note: "He is approachable, easy to deal with and commercial." He is adept in all manner of real estate developments in the leisure, industrial, retail and office markets. Andrew Carnegie focuses on real estate finance and arrangements, and routinely handles hotel-related transactions and cross-border work. His clients vary from investment banks and borrowers to investors. Franc Pena represents a number of real estate investment funds, among other clients. Specialising in real estate joint ventures and equity investments, he draws compliments for his ability to "see all the issues and deal with them - he is on the ball, methodical and forward-thinking."

On November 1st 2011, Barlow Lyde & Gilbert merged with Clyde & Co. The merged entity will trade under the Clyde & Co banner. The BLG team was noted for its capabilities on big-ticket real estate work. It builds on its reputation for work in the insurance sector and on behalf of corporate occupiers and energy companies, with clients praising its ability to "always provide us with practical advice." Among the highlights this year was the team's role acting for Tullow Oil's new lease in Chiswick Park, which involved the negotiation of progressive environmental clauses. It has also maintained strong relationships with clients such as British Waterways and UPS. Clyde & Co's real estate practice was bolstered by the arrival of the construction and projects team from Shadbolt, giving greater depth and breadth to the services on offer. Pre-merger, Clydes was considered to be a major mid-market player, typically representing development and investment clients, retailers and large occupiers, with Cathedral Group and Carphone Warehouse just two of the standout names. The firm has also developed a notable presence in the Middle East, and has a growing property finance practice representing Credit Suisse. Sources say it is "at the top of the tree."

KEY INDIVIDUALS Martin Quicke concentrates on development and investment work, which includes mixed-use and regeneration projects in both the public and private sectors. Recent work has included establishing a joint venture vehicle and development arrangements for Native Land and Grosvenor on their purchase of a residential site at Holland Park School. Clients say: "He has a strong appreciation of the risks and complexities of the deals he works on." The past year has seen Adam Taylor-Smith act on occupier and development project deals. His practice comprises all manner of commercial real estate transactions. "He is plugged in to the importance of time and deadlines; if he cannot provide a solution he will know the appropriate colleague to use," said a source. Graeme Taylor has considerable experience in both development and investment transactions, and recently advised Spanish group Ponte Gadea on the acquisition of property on Oxford Street. "He is helpful, on top of his cases, and ensures he knows all the details and issues."

This impressive bench has the capacity to deal with complex work across the real estate and hotel and leisure sectors. Its leading real estate insolvency and restructuring practice and impressive UK and pan-European presence have enabled it to maintain its standing during the economic downturn. Appreciative clients assert that "it is a truly excellent group, which is able to grasp complex and unusual concepts, documents and issues, and provide clear and unambiguous advice." It has been involved in some significant transactions over the past year, including representing Enterprise Inns on a refinancing valued at £2 billion.

Client Service "The client care is excellent, the lawyers see the work through from start to finish - and follow up well."

KEY INDIVIDUALS Leading this group's hotel and leisure team is Thomas Page. He offers clients "a no-nonsense approach, constructive and results-oriented advice and good drafting skills - even when complicated financi al ratios and mechanisms are involved." He and colleague Edward Benzecry recently represented Moorfield as a joint venture partner in the purchase of 40% of Birmingham's prestigious mixed-use development, Brindleyplace. Benzecry focuses on real estate investment and finance. Nick Brown's clients vary from developers, investors and retailers to government departments. Taking up a great deal of his practice is his work for the Department for Transport regarding the Channel Tunnel Rail Link, which in the last year has focused on the lease of High Speed 1 to a Canadian pension fund for £2.1 billion. Mark Heighton was recently promoted to head of the real estate group. Clients enjoy working with him because of his "succinct style and ability to provide clear advice without trying to dress it up." He is highly experienced in a broad array of real estate transactions and recently worked with Benzecry on behalf of both the acquisition and disposition of 50% of a retail park in Essex. Nick Hadley "provides excellent client care and is always available no matter how minor the detail." He handles commercial and residential real estate transactions, among other matters, for clients who include high-profile developers, offshore investors and national museums. Chris Harvey offers niche expertise representing overseas investors. His clients include institutions, funds, banks and property companies. He was recently retained to advise on the £100 million refinancing of Rockspring Hanover Property Unit Trust, which involved dual aspects of English and Scottish law. The "responsive and commercial" James Miller offers a wealth of experience regarding hotel leasing. A real highlight for him this year was representing PRUPIM on the purchase of 44 hotels and their subsequent leasing to Travelodge. Louise Wallace is commended for her "good commercial knowledge and for bringing a sense of perspective to documentation." Bolstered by her strong M&A practice, her particular specialism in real estate lies in hotel portfolio transactions. She is the key partner dealing with the Camelot Group.     

On November 1st, Davies Arnold Cooper merged with Beachcroft to form DAC Beachcroft LLP. This firm's real estate group is praised for "its understanding of what the client needs and being able to give the relevant advice." It remains strong in commercial, residential and mixed-use development work, and also real estate investment, finance and asset management. The group continues to advise developers such as Taylor Wimpey and Galliford Try, and acts as sole legal adviser to Arab Investments on its UK portfolio. A recent highlight was the firm's involvement in the sale and leaseback of the John Jones Art Centre.

Commercial Awareness "We are impressed by the lawyers. They understand the relevant language and always deal with the key issues."

KEY INDIVIDUALS Robert Lee has a wealth of experience in this field. His focus is development, more specifically, the building of houses, and he is skilled in the negotiation of development agreements with the Homes & Communities Agency. He has led the team's relationship with key clients Crest Nicholson and EDF. Paul McCartney has a wealth of expertise in the hotel arena. He is adept at handling sales, acquisitions, financings and developments for owners, operators and funds. The broadly skilled John Phelps primarily works on landlord and tenancy issues for a range of clients. His expertise is bolstered by his specialist knowledge of VAT, and one of his major concerns at Beachcroft was leading the team's representation of Balfour Beatty in all of its real estate requirements.

The team continues to develop its niches in investment, private equity, development and restructuring, gaining practical support from its planning, environment and construction units. It has a varied client base which includes Marks & Spencer, which it recently advised on the acquisition of a number of retail premises, and Waitrose and Aviva. Interviewees note: "It is a very professional company to deal with - the lawyers are efficient, great to work with and always prompt."

KEY INDIVIDUALS Bill Fryzer represents clients in matters regarding town centre developments, out-of-town retail parks, shopping centres and office portfolios, among other things. His expertise in commercial property includes advising occupiers regarding the acquisition and relocation of headquarters. Andrew Hutchinson offers broad experience in real estate law and represents clients in all capacities, including lenders, developers and owners. One skill he has developed is providing services for landed estates and utilising a variety of structures to tailor projects to meet their income requirements; these have involved energy companies, public entities and private companies.

This nine-partner group provides clients with a comprehensive real estate service. The group's experience extends from a full service in development, from planning onwards, to real estate litigation and tax advice. This deep bench is also strong in matters like negotiating leases and drafting contracts for both landlords and tenants. Clients include L K Bennett. The dedicated real estate finance department is experienced in debt, equity and hybrid investments. 

KEY INDIVIDUALS Catherine Usher is experienced in the project management of particularly complex transactions in a broad variety of transactional areas. She often represents institutional investors such as Unilever UK Pension Fund. Paul Jayson leads the sustainability group of this firm, which involves developing products and strategies for real estate investors. Sources are impressed that he can "think outside the box and deliver." He advises Ocean Outdoor, an outdoor advertising company, on a variety of arrangements for its portfolio. Joanne Owen is described as "competent, confident and responsive; she has a strong relationship link to specialist divisions in the firm." Her practice centres on the leisure and hospitality industries, where she routinely represents owners and developers. The Maybourne Hotel Group and The Blackstone Group are key clients of hers. 

Simon Cookson recently joined the firm from Ashurst. He has advised a number of financial institutions on their real estate portfolios, including issues relating to refinancings, developments and dispute resolution.

This Scottish firm maintains a highly regarded real estate practice which is well positioned in London and well connected with its Scottish offices. The team acts for Scottish Widows Investment Partnership and runs four UK funds exclusively. One recent transaction involved the acquisition of a portfolio of 12 properties valued at £260 million. Other notable clients include RBS, Lloyds TSB and National Grid. John Phelps of DAC Beachcroft LLP

Client Service "We are impressed by how the advice is tailored to meet our needs and those of our business and is delivered in a clear, concise and timely manner."

KEY INDIVIDUALS Richard Lampert is popular with his clients for his commerciality and his accessibility. His expertise includes advising on limited partnerships, asset management, investment, development and fund services. He recently provided Land Securities with strategic advice on its joint venture with The Crown Estate to acquire a shopping centre in Oxford.

This team remains strong due to its London practice as well as its national and international networks. It takes instructions from across the real estate sector - from owners, developers and investment clients. The team continues to advise Aerium Finance, and recently advised on its £180 million acquisition of the Spinningfields office scheme in Manchester. Another highlight of the year was continuing to provide representation for the London Borough of Barnet on its £4.5 billion regeneration.

Client Service "The client care has been great - the access and introductions to relevant people have been very good."

KEY INDIVIDUALS Bruce Dear heads the real estate investment team. He recently advised Legal & General on its acquisition of ING's Covent Garden portfolio - one of numerous strategic sales and purchases for this client. Sources are effusive in their praise: "He is an exceptional lawyer who is passionately committed to our interests and works stupendously hard to deliver our deals for us." Senior partner Stephen Sorrell is highlighted as "highly flexible, approachable, solution-oriented and knowledgeable." He is recognised for his work on urban regeneration projects, and acts as a strategic legal adviser in areas including Brighton, Manchester and Lambeth. He is also working on the legacy use of the Olympic Stadium and the operation of facilities in the Olympic Park following the 2012 Games. William Naunton heads up the team's international real estate practice and represents clients such as BAE Systems in a number of international jurisdictions. Closer to home, he recently acted on behalf of Shaftesbury on the acquisition of a mixed-use portfolio that includes a two-acre development site near Covent Garden. Nicholas Bartlett has an international focus, advising overseas - and domestic - investors, including sovereign funds, on property investments. Concentrating on transactional structuring and complex finance, he advised on the £1.15 billion refinancing of the Shard of Glass development. Sources highlight that he "does a great job of converting legal issues into commercial language and focusing on the matters that need to be dealt with."

Clive Lampard recently joined the firm from Macfarlanes. He brings considerable experience in the corporate property sphere; he is used to dealing with a variety of industry sectors, including hotels, aviation, healthcare, retail and distribution investment.

This firm gained two real estate partners in 2010, signalling a growing practice in commercial and development property law. The team has been providing ongoing advice on a development agreement for London Underground, and represented Age UK on the acquisition of part of a leasehold for a new headquarters. It has a diverse client base, and has maintained a number of charity and non-profit clients, such as WWF, in addition to the entrepreneurial clients it also attracts. 

Client Service "Its lawyers offer top-quality legal advice which is well thought through and straightforward, as well as being detailed. They try to simplify the complex legal issues."

KEY INDIVIDUALS Charles Anderson specialises in development and investment, and has recently been advising on an urban community project for the Joseph Rowntree Housing Trust. "He looks at the property itself as well as the documents; he is exceeding expectations the whole time," said a source. Recent recruit Andrew Bailey, who arrived in 2010, brings with him a wealth of experience in an array of commercial property transactions. His expertise centres on representing developers in acquisitions, disposals and developments, as well as providing both landlord and tenants' counsel for various investors.

The 14 partners here cover a variety of areas, including investment, development, regeneration and public sector work for numerous governmental entities. The team has recently focused on expanding its energy practice, servicing clients such as BP and National Grid Gas. It also continues to provide representation for the Shell Pension Fund, which in the past year has included the disposition of property in Mayfair and Milton Keynes. "A real strength for this firm is that it has the capacity to bring in lawyers from other practice groups," said a source.

Client Service "The group is open and easy to deal with. The lawyers will try to understand the business and tailor the legal advice to the client."

KEY INDIVIDUALS Paul Houston is highly experienced in the hotels and leisure arena. He has been busy with matters such as advising on the disposal of a £100 million mixed-use development at Kings Cross St Pancras. Roger Sargologo is described as "excellent in the technical sense, and fun to work with." He specialises in energy and infrastructure and has recently advised BP Exploration on issues such as pipeline leases and well sites; he also regularly represents BP Oil's leasing, purchase and sale of filling stations. Jayne Elkins leads the investment team and is adept at handling purchases and sales for a variety of clients. She also advises corporate occupiers on tenancy agreements, which involves renegotiations and the acquisition of new leases. Clients highlight that "she is market-focused and approachable."

This team attracts a broad array of clients, including retail, leisure, hotels, financial institutions, developers, investors and local governments. It is adept at handling all manner of commercial real estate. Long-standing client X-Leisure recently engaged the firm to handle the disposition of two of its leisure parks, one in Croydon and the other in Birmingham. Other clients include Pizza Hut and Bella Italia. 

KEY INDIVIDUALS Julian Hindmarsh recently represented new client The Kooples in its purchase of retail stores in a number of London locations. While he is experienced in commercial property transactions in the retail and leisure sector, he has also acted on investment, development and insolvency matters. Stephen Lewis represented an offshore investor client in the recent acquisition of Blakes Hotel, and advised Aspers (Aspinalls) on its bid for the only casino licence near to the Olympic Park. This retail and leisure specialist is "accessible, proactive, practical and communicative."

This group offers a variety of real estate services, covering hotels, leisure, urban regeneration, investment funds and litigation. Its hotels practice remains active, recently representing Splendid Hotel Group in relation to its £75 million refinancing with Bank of China. On the investment side, the group advised the purchasers of two tranches of debt from Credit Suisse, a complex cross-border transaction involving the UK, Germany, Gibraltar and Switzerland. Clients vary from Odeon Cinemas to Save the Children. 

Client Service "They know how to pull out all the stops and are on the ball and thorough."

KEY INDIVIDUALS Anthony Vaughan focuses on the hotels and leisure arena, which includes representing key advertising clients. Richard Kaufman recently led the team that advised the Shari'a-compliant investment fund Tadhamon Capital on its acquisition of an educational institution that required complicated negotiations and documentation. "He has a full knowledge of the market and is able to take clients through all the issues; he has a persuasive approach to get the client what they want and need from vendors," said a source.

This practice continues to provide high-quality advice to institutional investors in all fields of the property market, including both development and investment work in the big-ticket and mid-market arenas. Property represents the most significant part of this firm's practice, which maintains strong working relationships with major clients like LXB Retail and Gascoyne Holdings, which it worked with in relation to the development of the Hippodrome in London's West End. It has also been growing in numbers and has attracted new business in the form of Mayfair Capital Property and F&C REIT Asset Management.

Client Service "It is highly focused on trying to tailor the service to what the client wants."

KEY INDIVIDUALS Sophie Hamilton has been advising Warner Bros. on its £100 million investment in the Leavesden Studio, and Invista on its disposal of Exchequer Court, located at the foot of the Gherkin building. Touted as "a good team player," she provides clients with a broad range of expertise and decades of experience in commercial property law. Smita Edwards represented Rockspring in its recent purchase of a building comprising office and accommodation space that is leased to tenants for more than £4 million per annum. Sources appreciate her "approachability and explanations that take place in layman's terms rather than lawyer speak." Other clients include McDonald's and Cheshire West & Chester Council. The "smart, proactive and commercially savvy" Eugene McMahon routinely represents institutional investors and property businesses. His practice comprises advising on sales and purchases, providing counsel on landlord and tenancy matters, and acting on development, funding and regeneration projects. Penelope Elliott represents The Rocco Forte boutique hotel operator. Her expertise lies in the hotel arena and in rural property, and she is experienced in handling all property issues concerning agricultural land and landed estates. Howard Gill leads this firm's commercial property group. He has a focus on corporate office relocations and retail and leisure investment. "He is always available, quick to respond and shows great commitment to both the client and the deal," note satisfied interviewees.

Since publication, Tony Patterson has left this practice.

This seven-lawyer team has been acting on a substantial volume of asset management work over the past year. It offers clients a wide variety of expertise and is adept at marshalling expertise from other departments as necessary; particularly corporate, tax and fashion. Formed in 2008, the team has been quick to establish itself in the London real estate market.

KEY INDIVIDUALS Liz Ruff is "responsive, precise and pays good attention to details," according to sources. She has a broad array of experience to draw upon and her involvement in the firm's fashion law practice contributes to her diverse expertise. She counts private individuals, pension funds and investment companies among her clients. Head of real estate Simon Smith gains praise from market sources for his commerciality. He is experienced in investment and development, commercial leasing, secured lending, landlord and tenancy matters and portfolio management. 

Freshfields offers clients a comprehensive real estate service, while its sterling reputation continues to attract new clients such as Candy & Candy and JPMorgan. The team remains the sole official legal adviser to the London 2012 Olympic and Paralympic Games, which has involved negotiating agreements for 16 competition venues and 300,000 sq ft of office space, among numerous other matters. The group is also responsible for the construction and leasing of a West End development for Scottish Widows, which involves office, retail and residential units. 

Client Service "This team is enthusiastic and hard-working. The lawyers think broadly about the role of the client to ensure that all of the issues are covered."

KEY INDIVIDUALS Chris Morris heads the team's international practice group and has recently joined the policy committee of the British Property Federation. Sources recognise that for practice head John Fordham, it is all "about getting the deal done right for the client." He and Morris led the team representing Land Securities in the leasing of its mixed-use development at One New Change in the City. The duo also acted on behalf of this client on a mutual rights agreement with EDF Energy and a development in Victoria. Hospitality and funds specialist Mark Wheelhouse is popular among clients, which include Real IS. Work for the German fund manager includes a recent acquisition on Bloomsbury Street. Emma Kendall has been representing Westinghouse on commercial arrangements with the Nuclear Decommissioning Authority, helping arrange the transfer of ownership of the Springfields nuclear fuel manufacturing site from the public tJohn Phelps of DAC Beachcroft LLPo the private sector. "She thinks broadly and tries to think like her client from a commercial standpoint; she is efficient and good fun to deal with," say interviewees.

This compact three-partner team is highlighted by clients for its international presence and, more particularly, its US securities expertise. The group regularly provides representation for funds buying distressed loans, restructurings and workouts, fund formations and recapitalisations. Clients include Hilton Hotels, British Land and, more recently, Meadow Partners.  

KEY INDIVIDUALS Alan Samson garners great praise: "He is the reason we chose this firm; he has high technical competence and is efficient in the way he deals with clients." His recent work includes representing AREA Property Partners on two joint ventures in London - one acquisition and one financing of a mixed-use development. He offers all manner of real estate finance and commercial real estate expertise.

The pair of property partners of Harbottle & Lewis have a wealth of expertise in the media, leisure and entertainment arenas. Alongside leasing agreements, disposals and corporate support deals, recent highlights for this group include two acquisitions: the purchase of clinic premises on Harley Street for client London Vision Clinic, and the purchase of Olympic Studios on behalf of Empire Holding. Clients say the firm is "clued-up on the market and how it works."

KEY INDIVIDUALS Leading this property team is Robert Reilly.

This well-established team has maintained a focus on the healthcare, public sector, charity and occupier markets. It recently represented the Bradford & Airedale Teaching Primary Care Trust on the disposal of an independent treatment centre to a new service provider. It also continues to represent long-standing client the Legal Services Commission. Clients appreciate the proactive and responsive nature of the group. 

KEY INDIVIDUALS Charles Farrer's "strength is not just his expertise but also his extensive knowledge of the particular matter being dealt with." He is experienced in negotiating development and funding agreements and advising landlords and tenants on letting arrangements. Graham Lea offers a broad range of commercial real estate expertise but specialises in healthcare, third sector and occupier cases. He continues to represent a GP practice on negotiations for a new surgery development in Southwark, and has represented insurance brokers and accountants on negotiations for new headquarters. He is praised for "providing clear advice, always putting the client first and going beyond what would be expected of him."

This legal powerhouse is extremely highly regarded, with the depth and breadth of service to meet all of its clients' real estate requirements. The team was well placed to advise The Carlyle Group in its acquisition of the White Tower portfolio, and has attracted huge transactions such as the £1.5 billion regeneration agreement for Elephant & Castle, for which Herbert Smith is advising Southwark Council. Clients appreciate that "this group is proactive and flexible in managing our client relationship."

KEY INDIVIDUALS Clients affirm that James Barnes "really knows property law." His extensive experience of development projects means he was well positioned to advise London & Continental Railways on the £2.1 billion disposal of High Speed 1, the railway linking London to the Channel Tunnel. Ian Cox leads the real estate team and offers his clients particular experience in property finance, structured finance and development transactions. He wins praise from sources: "He manages his team well, is practical and cuts through the rubbish." Clients consider Donald Rowlands to be "a real 'deal doer' who is great on the big-ticket matters." This general property practitioner is adept at handling a wide range of transactions but has particular experience dealing with large developments and a variety of acquisition and disposal techniques. Richard Forsdyke focuses on property finance and all matters related to investment and development. Jeremy Walden represented Norges Bank in its acquisition of a 25% stake in The Crown Estate's Regent Street portfolio. He has a variety of experience in commercial property and is well known for providing property advice pertaining to corporate transactions, joint ventures, development work and investment in retail space. Julian Pollock's practice comprises a variety of specialisms that include office and transport investment, development, structured acquisitions, funds and landlord and tenancy agreements. Clients enthuse: "He really seeks to ensure that the key points are obtained and that negotiations are simple; he deals with what is relevant, not the small issues." Associate David Rosen is described as "young and bright - he has an exceptional ability to organise the work and meet deadlines."

The firm's recent merger has considerably extended its international reach, and resulted in the growth of its hotel and leisure and real estate insolvency practices. The 13-partner team has a strong focus on the REIT sector, which it regards as key to generating new work. The struggling economic climate has also meant an increased concentration on the distressed side of the market - particularly attracting overseas investors. 

Client Service "Lovells demonstrates a terrific spirit across disciplines, teams and geography, with a focus always upon client service."

Commercial Awareness "They offer good commercial options and really know how to help clients achieve their aims."

KEY INDIVIDUALS Michael Stancombe recently led the team's representation of M1 Real Estate in its acquisition of Victoria House in Bloomsbury Square, a key addition to its already impressive portfolio. He also continues to advise John Lewis Partnership on various real estate concerns. Dion Panambalana counts BMW and the Canadian investment fund HOOPP among his clients. Work for the latter includes negotiating a joint venture partnership with The Crown Estate for a significant redevelopment in London's West End, the fund's first international direct investment. His experience is varied and includes mixed-use development and regeneration, and structured sale and leasebacks. Sources describe managing partner of the real estate group Jackie Newstead as a "breath of fresh air." Her clients, which range from Estée Lauder to PRUPIM, can rely on a broad base of expertise.

The group has found its recent focus to lie in residential development and some industrial property transactions. It is adept at collaborating with other departments within the firm - including banking, construction, planning, tax and litigation - to provide clients with a comprehensive real estate service. One niche area where the team excels is creating innovative structures for condo-hotels and fractionals.

KEY INDIVIDUALS Eric Gummers specialises in the hotels and leisure markets, and has recently been advising on the conversion of Café Royal into a luxury hotel. Other work includes acting on management agreements for Holiday Inn, Accor and Mandarin Oriental. He garners praise from his clients for being "humble and intelligent - he has his clients' interests at heart." Paul Springall is highly experienced in leisure, office, industrial, retail and residential real estate transactions. He advised Antler on the disposal of its leasehold portfolio. His clients appreciate that "he delegates well - he does the complex work and the easier issues are handled by his impressive team."

This firm's real estate team has grown by 16 lawyers in the past year, four of whom were previously partners at SJ Berwin. It is working hard to establish a name among London real estate practices, and can already claim a number of prestigious clients, including Gazeley, Honda and CBRE Investors.

KEY INDIVIDUALS Head of the practice Jon Vivian manages all of the team's working relationships with clients. Sources regard him as "hard-working, commercial and straightforward to deal with." Rob Thompson is noted as someone who "sees above the normal level of detail - he can take both the commercial and the legal approach." He specialises in development and investment and regularly advises on corporate real estate transactions.

This group has maintained a strong real estate presence over the past year, catering to long-standing real estate clients on investment and development transactions. Retail investment is a growing trend for the team, which recently represented Metro Shopping Fund on its sale of the N1 shopping centre for £112 million and advised Metric on the purchase of five retail parks across the country. The team also represents five REITs, including British Land and Hansteen. 

KEY INDIVIDUALS Satisfied clients report David Roberts is "technically very strong with good all-round knowledge." He has a broad range of experience but his practice centres mainly on commercial property development and joint ventures. His recent engagements include advising REIT client London & Stamford on its purchase of a portfolio of distribution centres from Warner; this was supported by the acquisitions of another ten distribution centres in two separate transactions. 

Well regarded for its working relationships and client care, this 13-partner team offers a full service in the real estate arena. Its expanding international presence is demonstrated by its recent work acquiring property for the logistical operations of CB Richard Ellis Realty Trust in the UK and Europe. The team also recently advised investor clients on the purchase of distressed companies that own leaseholds within Smithfield Market. "It is professional, friendly, hugely enthusiastic and willing to put in the effort to break boundaries, implement cutting-edge ideas and meet a challenge," enthuse clients.

KEY INDIVIDUALS Piers Coleman offers clients a wide range of services, and has recently been advising Action For Children on strategic planning provisions for a mixed-use development in North London. He primarily represents institutional or owner-managed investors and developers. Wayne Smith leads the real estate group and focuses on providing institutional investors with representation for sales, purchases and portfolio management. 

Kennedys is popular among its clients and earns recognition for providing practical and commercially astute advice. Its diverse workload varies from matters such as the litigation and disposal of 80 pub properties for a group going into administration, to advising a Danish investment group on the development and leasing agreements for a mixed-use property in North London. 

KEY INDIVIDUALS Sally Morris-Smith has attracted the business of Scarborough Group's office and warehouse UK portfolios as a result of the firm's new Sheffield office. She has also been appointed to advise upon the commercial property of Sheffield United FC. Interviewees are quick to praise her: "She is fantastic; she is straightforward, commercial and energetic."

This full-service 22-partner real estate team acts for a number of institutional clients and corporate occupiers, including names such as Hermes, AXA Sun Life and BMW. The team has acted on sale and leasebacks, portfolio acquisitions and corporate restructurings. Clients draw attention to the firm's promptness and particularly appreciate that "its aim is to complete deals swiftly without wasting time."

KEY INDIVIDUALS Development specialist Jon Lloyd handles all aspects of projects as well as purchases, sales and leasing agreements. "He is a talented commercial lawyer who is supported by a strong team," say clients. He recently represented Development Securities in its £60 million-plus acquisition of Manchester Evening News Complex. He chairs the real estate group alongside colleague Rabinder Chaggar, who wins praise for being "fantastic - he ensures the deadline is met and is straightforward to deal with." Chaggar recently advised Sainsbury's on a new superstore development that is part of the Bicester Town regeneration project.

 This team is experienced handling large development and regeneration projects for mixed-use complexes, among other things. It has recently advised Rio Tinto on the leasing of its headquarters in London, and Notting Hill Housing Trust on the acquisition of headquarters in King's Cross. The group also continues to attract overseas clients, such as Spanish hotel group Equity Point, whom it recently advised on its first UK investment. 

KEY INDIVIDUALS Leonard Goodrich leads the property, housing and construction group. His practice covers commercial property, academy development, planning and regeneration. Clients include News International and Electronic Arts. 

This real estate powerhouse attracts the really big-ticket transactions and has a substantial bench of 19 partners to cater to all real estate needs. The past year has been successful in terms of attracting new and diverse clientele, maintaining its position at the top of the market and bringing in some of the most significant deals in the real estate arena. Clients are thoroughly impressed by the team's ability "to fine-tune advice for both commercial needs and legal."

KEY INDIVIDUALS Martin Elliott's expertise lies primarily in retail and leisure sector developments. He has recently been involved in representing Lend Lease's entrance into a regeneration agreement for Elephant & Castle's £1.5 billion redevelopment scheme. Simon Clark leads the European sector and co-chairs the global real estate practice. Trustee to the Urban Land Institute and two educational charities, he has a broad range of expertise and a wealth of experience to draw upon. The past year saw Patrick Plant step down from his managerial role leading the global and UK teams, to act as a full-time practitioner. He is proficient at handling a number of key client relationships with developers, investors and occupiers. According to clients, Anne Byrne is "exceptional, responsive, knowledgeable and brilliant in negotiations." Her year has included advising the purchasers on the acquisition of the Trafford Centre by Capital Shopping Centres; she was also key in advising UBS on the £1 billion development of its new headquarters in the City. She has been head of the UK real estate team since January 2011. Julian Innes-Taylor has focused recently on headquarters developments and letting agreements; he also has extensive experience dealing with landlord and tenancy agreements. While he predominantly focuses on foreign investment into the UK, Joe Conder recently advised Union Investment on the disposal of a prime office building that has increased in value by over £40 million just one year after its original purchase. "He has a strong commercial approach, is technically very able and is excellent under pressure," state his clients. Christopher Coombe is highly experienced in development and investment transactions. He represents a number of livery companies who own land in the City of London, in addition to clients such as JPMorgan and KPMG. 

This well-established team has shifted its real estate focus towards the corporate market, although it still offers a broad range of expertise in all areas. Clients note the firm is "highly entrepreneurial, has good strength and depth and is good at advising on risks." It has recently been representing institutional clients, such as Invista and AXA, and has also acted for AIB Investment Managers on the disposal of property on the King's Road. New clients include Tesco Pension Fund and NAMA. 

Commercial Awareness "They understand the market and provide advice that ensures cost and market conditions are taken into consideration."

KEY INDIVIDUALS Rachel Booth focuses on development and investment work but has broad real estate expertise; her recent highlights include representing Canadian asset manager Brookfield on its move to a new headquarters in Hanover Square. Clients say she is "proactive, helpful and tries to limit costs for the client." Sources say Dominic Cunliffe "is always on the button - he is involved throughout the deal." He has recently been advising Delancey Real Estate Asset Management on the sale of the arc shopping centre in Bury St Edmunds. He has particular expertise in development funding, complex property holding structures and taxation mitigation. David Sanders "applies his legal expertise in a way that makes you feel part of the team; he is extremely solid to deal with and is down to earth." He handles real estate issues in the office, industrial and retail sectors. Charles Horsfield has been busy advising clients on the development of four Premier Inn hotels around Heathrow, Gatwick and Stansted. His client base spans institutional investors, corporate occupiers, landowners, family trusts and high net worth individuals. Interviewees state: "He is extremely commercially aware and takes care to introduce us to useful contacts."

Clive Lampard recently left the firm to join Eversheds LLP.

This group's multidisciplinary approach, which encompasses property, tax, planning, construction and corporate law, means it is able to offer clients a comprehensive service in the real estate sector. Construction and projects are areas in which the team has a particularly strong focus, and its real estate practice is bolstered significantly by its impressive reputation in the retail sector. 

KEY INDIVIDUALS Leading this real estate team is Louis Manches.

This niche commercial property practice focuses on investment, acquisitions and representing fund management; it recently added Rockspring to a client list that already included the likes of Endemol and Norwich Union. The group has received numerous instructions from Legal & General, including advising on the acquisition of the LXB retail and leisure portfolio. Satisfied clients highlight that this 12-partner team is made up of "property lawyers not lawyers who do property."

KEY INDIVIDUALS Declan Power is touted as an attorney with "all-round sound judgement; he is thorough and gives good commercial advice." He regularly represents property companies and developers on all aspects of real estate law, ranging from rights of light and planning to joint ventures and construction. "Genuine property lawyer" Mark Bryan impresses clients with his depth of knowledge. He leads this commercial property group and counts RSA and Lloyds TSB among his clients. In addition to his development and investment expertise, he has a wealth of experience dealing with the purchase and sale of property portfolios. Development and investment specialist Neil Sagoo is experienced in dealing with a variety of properties, including hotels, pubs, wind farms and data centres.

Maxwell Winward has a solid base of institutional clients and offers particular expertise in structuring and offshore partnerships. Its real estate structures group functions to provide creative solutions for clients that include co-ownership schemes. The team has advised on numerous disposals for LaSalle Investment Management, and regularly provides representation for Aberdeen Asset Management's clients and advises on the management of its portfolio. 

Commercial Awareness "They appreciate the way we operate and the commercial needs of the company; they work with us rather than simply providing a service."

KEY INDIVIDUALS Raymond Levine has experience in applying varied investment fund structures and joint ventures to individual and portfolio investments; he heads up the group, which incorporates real estate, tax, corporate and finance expertise. Neil Stafford is popular with clients for being easy to deal with and providing good commercial advice. He is an experienced practitioner who is used to handling retail park redevelopment, as well as sales and acquisitions, and leasing of offices, retail space and industrial properties. He recently acted for Hermes Real Estate on the regear and sale of a property in Milton Keynes.

This practice continues to focus on attracting work from specific sectors; these are data centres, hotel and leisure, and structured and corporate real estate. It has been acting on behalf of a number of inbound Asian and Far East investors, and has seen a growth in the volume of its hotels work. The 25 lawyers who focus on real estate have a wide global network to draw upon as well as a strong base of other disciplines.

KEY INDIVIDUALS Clients state that Jeremy Clay "is good at keeping things in context; he thinks laterally about points and doesn't take silly positions." Despite his role as chair of the global real estate group, the highly regarded Clay retains an active practice, and the past year has seen him dealing with British Land and Credit Suisse among others. The impressive James Dodsworth advised Colt on its recent acquisition of the largest single data site in the UK. Also representing the world's largest data centre developer, Digital Realty Trust, his niche expertise in this field is often crucial to his successful representation of developers, investors and tenants.

This US firm established its UK presence in 2009 following its merger with the smaller, London-based Grundberg Mocatta Rakison LLP, and enters the rankings this year following high praise from clients. The compact team comprises seven lawyers and utilises its numerous international connections to attract overseas investment in UK real estate; as a result, the team has developed particular expertise on the complex tax issues for foreign investors. In a different vein, the group was recently instructed by the Danish embassy on a leasing matter. John Phelps of DAC Beachcroft LLP

KEY INDIVIDUALS Petar Orlic's recent practice has involved representing a number of inbound foreign investments; he has been representing US company Telmar Communications on a new office lease and advised Manolo Blahnik on its letting of a new UK headquarters in Kensington. He also represented Canadian fund IBI Income on its acquisition of an international architects' practice. Interviewees note: "He makes things easy for the client; he gets rid of the rubbish and deals with the issues involved."

This six-partner group regularly advises retailers, owners, banks, developers and other clients on a comprehensive range of real estate matters. It is described as "always up to speed and clued-up." It is retained by long-standing client the Royal Bank of Canada to act on most of its secured lending on residential investments in the UK.  

KEY INDIVIDUALS Nicola Kravitz is well regarded in the market, particularly for her commerciality and her expertise in the retail sector. She continues to act for Deloitte on the disposal of retail property following the Woolworths administration. Her practice style is appreciated by sources: "She knows when to be aggressive to get the best result for her client."

This real estate group has continued to add new partners to its real estate departments, including tax and residential property. It has attracted a number of key investor and developer clients, such as Earls Court & Olympia Group and UBS Global Asset Management. The team's long-standing client Matterhorn Capital recently instructed it on the sale of the O2 retail centre to Land Securities, while the group also advised retailer Net-A-Porter on its lease of additional office space in Westfield. 

Commercial Awareness "It is a core strength of this firm; it really gets the industry and understands the client's business and the London real estate market."

KEY INDIVIDUALS Practice head Nick Doffman garners praise from his clients: "He is good, commercial, capable and very accessible." He is adept at handling landlord and tenant agreements, structuring sales and purchases, and development issues. He was recently successful in advising William Pears/LaSalle Investment Management on its joint venture acquisition of the mixed-use Notting Hill Estate. Nick Minkoff deals with all aspects of commercial real estate. "He has a positive attitude and gets things done; he is clever, non-confrontational and gets the right results," say sources. Together with Stephen Hughes, he represented Delancey on its letting of office space to Weil, Gotshal & Manges LLP in the Rolls Building. Hughes is experienced in all manner of commercial real estate; his expertise includes portfolio purchases and sales and joint ventures. Interviewees say: "He has good instincts and a quick mind to deal with complex transactions comfortably." Ian Paul focuses on the acquisition, disposal, leasing and development of commercial property. His recent work includes acting for a new offshore client on its acquisition of St James's Hotel & Club; he also continues to lead the advice for Manhattan Loft's hotel redevelopment in Marylebone. "He couples substantial commercial property knowledge with good strategic advice," state sources.

The extremely deep bench at Nabarro means it is well placed to offer a full service catering to all types of traditional and nuanced real estate. It maintains a strong and diverse client base. Sources are particularly appreciative that the lawyers "have a good sense of when it's crunch time." The team represented Great Portland Estates in the creation of a partnership with Starwood Capital and its subsequent purchase of two buildings in the City, and advised CB Richard Ellis on the West End lease for its headquarters. 

Commercial Awareness "It is very commercial, it knows what issues to fight over and how to be protected in a contract."

KEY INDIVIDUALS Leading the indirect investment group, the popular Amanda Howard is highly experienced in structuring real estate funds, joint ventures and corporate wrapped property transactions. Practice head Deborah Parry was recently involved in the sale of 20 Fenchurch Street, or 'Walkie Talkie' Tower, to its client, Land Securities, in a joint venture with the Canary Wharf Group. She specialises in foreign inbound investment, development and project financing, and has a niche in German funds investing in the UK. Simon Staite regularly represents development funds and developers; he is also experienced in advising clients from the education sector on a variety of commercial real estate matters. Recent work includes representing Hammerson on a number of acquisitions, including Leadenhall Court and 10 Gresham Street, the latter the result of a second joint venture with Canada Pension Plan Investment. "He comes up with imaginative ideas to get all of the parties what they want," enthuse clients. Kevin Stimpson is highlighted by clients as "a good all-rounder who is great to work with." He focuses on investment, development and financing projects, particularly in the City and other central London areas where geared leasehold agreements become relevant. Ciaran Carvalho is described as "very good at understanding how an investment firm thinks and operates." He routinely advises both international and domestic investors and developers.

The Norton Rose real estate team comprises 26 partners with a diverse range of experience. Recent areas of growth include development, investment from overseas parties and renewable energy work. ING REIT recently instructed the group on the property aspects of the complex takeover of RUGBY REIT, while Friends Provident is among the clients acquired over the past year. Sources say the team provides a "one-stop shop that covers all of our needs."

KEY INDIVIDUALS Lindsay Morgan recently advised on the overseas inbound investment of a Saudi Arabian private client who acquired two mixed-use properties in London. She leads the global real estate team and is skilled in both the development and investment arenas. Head of the London department David Sinclair is highly experienced in all commercial real estate concerns. His recent highlights include representing DP World in the ongoing development of London Gateway, a project valued at ��1.5 billion, and advising Europa S.À.R.L. on its disposal of Fremlin Walk Shopping Centre for £90 million. Office developments and retail parks are fields of experience for Daniel Wagerfield. He is also experienced representing investors and acted for one of Royal London Mutual's funds on the purchase and sale of a variety of properties. He is complimented by clients for his leadership skills and for "giving options which are understandable to the client." Wasim Khan is notable among clients for his commerciality: "He realises the company's position and its aims." His expertise lies in large-scale infrastructure projects, Islamic-compliant real estate transactions, office moves and joint ventures. Renewables are another area where Khan is experienced; he represented Drax Power in its joint venture with Siemens on a biomass power station development.

This well-regarded group counts Royal Mail and Legal & General among its clients. It recently represented a new client, a Swedish insurance fund, on the surrender of a lease in New Bond Street and the subsequent new letting agreement for a flagship store for Chanel. Interviewees note: "They are good at adapting the service to the needs of the client; they offer the full range of services needed by a real estate business."

KEY INDIVIDUALS Leading the team is Gary Watson, who has decades of experience in all areas of commercial real estate. The "commercial and loyal" Simon Kanter is described as having "immense and valuable knowledge." He has broad experience in commercial property transactions and has represented clients operating in a diverse range of areas, including petrol stations, nursing homes and town centres. Tim Westhead recently led the real estate financing team advising Eurohypo's funding of real estate portfolios that have an aggregate value of more than £500 million. "He is proactive and incisive and has fantastic legal property knowledge," agree clients. Jonathan Lewis is commended as "one of the easiest lawyers to deal with." His recent highlights include advising Kaupthing on the redevelopment of the three-acre old Middlesex Hospital space. He represents both public and private companies on a broad range of commercial real estate law. Martyn Needham was instructed by HSBC European Fund regarding the £57 million disposal of a warehouse park. He is particularly focused on the retail centre sector and has extensive experience in investment and landlord and tenancy agreements.

Clients have commented that Osborne Clarke's real estate group is "an extension of our team; it complements our staff and the collaboration is seamless." It provides a high level of expertise in all sectors of the practice, and has been active this year in, among other things, commercial development, investment and student accommodation. A real highlight was advising The Airport Property Partnership, a joint venture comprising Aviva and SEGRO, on the purchase of a series of properties around Heathrow and Gatwick for £237 million. The team continues to represent long-standing client Eurostar International on matters such as the restructuring of leasehold interests at St Pancras.

Commercial Awareness "This group really knows how to advise the client on the best course of action to protect its company."

KEY INDIVIDUALS Colin Kearney is popular in the market: "He offers all the things you want from a lawyer and is well connected in the industry." The past year has seen him advise Thames Water on a number of sales, and corporate occupier The British Standards Institution on the lease of its headquarters in Chiswick. Associate William Gay wins high praise also: "He is uncomplicated and makes issues simple for the client; he doesn't waffle and gets to the heart of the issue." His focus currently lies in the development arena, and clients include the likes of Gazeley. He also recently represented Welbeck Strategic Land in acquiring over 1,000 acres of strategic residential land. 

The property team at Penningtons has grown in strength over the past year, and has benefited also from the firm's recent merger with Dawsons. It has recently been advising on distressed loans as well as commercial loans to education and healthcare sector borrowers, which included one of the largest student accommodation developments in 2010. Another highlight was representing Aviva Investors Pensions in the funding of a new Sainsbury's supermarket and petrol filling station in County Durham. Clients like the commerciality that results from the fostering of long-term working relationships.  

KEY INDIVIDUALS Peter McElligott is highlighted for his "can-do attitude; he is completely reliable and client-focused." His extensive experience covers a wide variety of industry sectors and ranges from property securitisations and leasing agreements to onshore and offshore investment vehicles. He recently advised the developer seeking planning permission to regenerate Streatham town centre. According to clients, Catriona Smith's "particular strength is that she understands the business, the client and how the client interacts with their agents." She focuses on property investment and acted on behalf of an offshore fund whose two most recent acquisitions total approximately £60 million. 

Clients have "only ever been impressed" by Pinsent Masons and note: "The team has been good at finding solutions and thinking outside the box." One recent highlight for this full-service team was advising Homes & Communities Agency on matters regarding the redevelopment of an ex-military site in Aldershot. The team also shows growing capabilities in the hotel sector and recently advised Redefine International on the purchase of five Holiday Inn hotels. Accor and Berkeley Homes are other notable clients, all of which can make use of the firm's strategic international alliance with Salans.

On 1st May 2012 Pinsent Masons merged with McGrigors LLP - the merged entity is known as Pinsent Masons.

KEY INDIVIDUALS Dual-qualified as a chartered surveyor and solicitor, Claire Hughes focuses on the investment side of commercial real estate, and regularly represents clients from the hotels arena. "She stands firm and conveys what the client wants very clearly and thoroughly - she is prompt, clear and precise," attest clients. Adrian Barlow leads the group and has a specialisation in the implementation of portfolio change management and project strategy. Clients continue to appreciate his expertise: "He understands how property law applies to government bodies and has the creativity to find the solutions to various problems." Nicholas Berry is praised by clients for "his excellent market knowledge and experience." He is often involved in urban regeneration projects and formed part of the team advising clients Earls Court & Olympia/Capital & Counties on the multibillion regeneration of Earls Court. John Phelps of DAC Beachcroft LLP

This real estate practice's recent growth in partner strength means it now services a number of significant new clients, including Laura Ashley, London & Regional and Reuben Brothers. The team recently advised the latter on a £150 million refinancing with Lloyds TSB involving 16 properties. The team provides the full range of commercial real estate capabilities and clients are consistently impressed by the value for money.

Commercial Awareness "The commercial awareness of the lawyers is exceptional and a major reason why we use them - they really think through the repercussions of the advice given."

KEY INDIVIDUALS Andrew Jenkinson has a dual focus on traditional real estate and property disputes. Highlights include advising Telereal Trillium on the real estate aspects of the Royal Mail's refinancing by Barclays. He is praised for his "detailed and deep commercial and technical knowledge that he makes intelligible for the client." Mark Hargreaves concentrates on investments. He is highly experienced in dealing with the transactions of industrial estate portfolios and was recently instructed by Barley Industrial Portfolio M7 Real Estate on its acquisition of 14 light industrial estates from UBS Triton Fund. He is "well informed and on the ball," say sources. Lawrence Radley's clients include the Daily Mail Group and Naxos Capital. He provides a broad range of expertise across investment, development, landlord and tenancy agreements and retail. A recent highlight was advising on the sale of a Hoxton-based student accommodation redevelopment.

This group advises a variety of clients, including, among others, corporate occupiers, investors and developers. Recent work includes representing easyHotel on the acquisition of its new headquarters and advising Watford Borough Council on the redevelopment of the Charter Place Shopping Centre. Sources say the team is "strong technically with great commercial insight - and it is approachable!"

KEY INDIVIDUALS Clients consider Sarah Cassidy's key strength to be "her ability to distil the complex issues so they are understood by laymen." An interesting engagement for her was advising RWE npower on two new pipeline projects, both concerning land rights and one needing development consent. Her specialist expertise lies in representing industrial and energy companies in all real estate issues regarding their sites, including waste disposal, utilities infrastructure and mineral rights. 

This 12-partner group has seen an increase in instructions from its traditional investor clients, while new tenders include Mitsubishi Electric Europe and Matalan. It provides a full range of commercial property advice and has recently acted for Sirosa Liberty on the sale and leaseback of the Liberty Building. It also represented SportsDirect.com on the acquisition of its first retail site in Southwark. Sources value its advice, which takes into account the interests of the company: "It's good at remembering the ultimate business goal."

KEY INDIVIDUALS Chair of the commercial property team Peter Dawson wins praise for maintaining strong working relationships with his clients. He led the team advising Standard Bank Offshore Trust Company Jersey on the due diligence, negotiations for environmental and utilities responsibility, and planning permission on the acquisition of brownfield and greenfield sites. Helen Edwards focuses on development, investment and retail. Interviewees comment that "she is assertive and gives advice with options of what can be done."

This group remains a successfully established presence in the London real estate market, and forms part of the firm's extensive global group. It provides a significant breadth of experience to both domestic clients and those based outside the UK. The team recently advised Wellington Market Company on its grant for the lease of Old Spitalfields Market. 

KEY INDIVIDUALS Dan Larkin is a key point of contact.

SGH enters the mid-market rankings this year following enthusiastic recommendations and a burgeoning list of retail and leisure clients. Its high level of activity in the discount retail arena has enabled the group to grow over the past year, with two new partners joining the practice. Sources say the six-partner team "offers more than just legal advice." On 1st December 2011, Sprecher Grier Halberstam merged with Martineau to form SGH Martineau LLP.

KEY INDIVIDUALS Recent recruit Julian Joseph continues to advise new client 99p Stores on the time-pressured real estate matters of its expanding business. This year saw the purchase of ten new stores and a substantial warehouse. "He is able to pre-empt what the client needs and provide answers," say sources. Michael Shapiro offers a broad range of services to clients, combining property expertise with a strong commercial background. He has been advising J D Wetherspoon in over 30 acquisitions of existing pubs and high-profile buildings. 

Higher education institutions continue to make up a significant portion of this team's clientele, although recently it has seen a growing interest from other areas of the public sector. It is active on the panel for the London Development Agency and in the past year has conducted a thorough audit of its property portfolio.

KEY INDIVIDUALS The well-established Andrew Bond is experienced in an array of commercial property matters. He has recently been advising Westcourt Real Estate, which includes backing from a number of Middle Eastern sovereign funds, on investment in the UK's hotel and leisure sector.

Sectors in which this group has been working include life sciences, energy and infrastructure, TMT and financial institutions. The past year has seen it represent long-standing client Threadneedle UK on a number of transactions, and advise both the Ministry of Defence and the Ministry of Justice. Clients appreciate the team's "brilliant speed of response and its taking the time to listen to client concerns."

KEY INDIVIDUALS Nick Jones heads up this real estate practice in London and internationally.

This team maintains its position in the market despite a reduction in partner numbers and the departure of its department head. The remaining 12 partners continue to offer an impressive array of commercial real estate services from their London office. Recent highlights include advising British Land on numerous leasing agreements; representing investment company Evans Randall on its acquisition of City office complex Drapers Gardens; and acting for The Crown Estate on a joint venture with a Canadian fund for the redevelopment of the block between Piccadilly, Jermyn Street and Lower Regent Street. 

KEY INDIVIDUALS David Ryland has dual responsibilities as the head of both the hotels and corporate real estate divisions of the team. His previous year's work includes advising Hilton Hotels on new leases at Berlin airport and Newcastle airport and representing Invesco on the formation of a UK real estate opportunity fund based in Luxembourg. Clients appreciate his approach: "He is very practical; he does not get wound up in the legal aspect and tries to make deals happen; he is proactive in his research and in trying to find solutions." Bryan Pickup has recommenced his leadership role and now co-chairs this commercial property practice. His clients include Candy & Candy and The Crown Estate, the latter of which he continues to advise on its development on Regent Street, which includes the former Café Royal. Interviewees praise his "strong organisational and technical skills." William Boss is described by clients as "willing to understand the issues and provide constructive responses." He acts as the client partner to a host of impressive names; these include Marks & Spencer and London City Airport. He is also leading the group's representation of Southgate in its mixed-use redevelopment scheme in a World Heritage site.

This real estate practice attracts a variety of clients, some of whom also instruct the firm's extremely impressive corporate group. It offers specialist services in all areas of real estate and can confidently rely upon the firm's other departments to support the wide range of transactions in which it gets involved. Clients particularly appreciate the availability of partners and their business sense.

KEY INDIVIDUALS Dermot Rice recently represented Santander in its acquisition of 311 RBS branches in England and Wales and seven NatWest branches in Scotland for £1.65 billion. Other work includes representing AMF Bowling in its purchase of Hollywood Bowl, a deal that makes his client the market leader in tenpin bowling. He is experienced in all aspects of commercial and corporate real estate. John Nevin's broad practice includes advising on real estate matters for corporate and finance transactions. He remains part of the team advising Lend Lease on its infrastructure development of the Olympic Village. "He is an excellent lawyer - he is available and has good commercial awareness," note sources. Jane Edwarde has been advising new client Limited Brands on its lease of a new flagship retail space for Victoria's Secret. More recently, she represented established client Derwent London on its acquisition of a mixed-use site with retail space facing Tottenham Court Road. 

This team maintains its position in the real estate arena following last year's merger. Utilities and investment remain key areas of strength, as does the retail market, evidenced by clients who include Home Retail Group and Sainsbury's. The team recently advised the latter on the complex transfer and leaseback of a number of stores, the value of which aggregates £750 million. 

KEY INDIVIDUALS Richard Budge is adept at handling joint ventures between public and private companies, alongside a wide range of real estate matters. He has recently been advising Southampton Council on its plans to redevelop the Royal Pier and Waterfront. "He has a good manner with the other side and is great at protecting the client," say interviewees.

This firm, also the subject of a recent merger, remains strong in the mid-market field, where it wins support from its solid corporate occupier client base. Its focus lies in investment, development and regeneration schemes, particularly those funded by foreign sources. Recent highlights include advising the Howard de Walden Estate on the purchase of a property on Harley Street and a West London mews from The Crown Estate. It has also been representing Explore Living on the Brighton Marina redevelopment.

Commercial Awareness "They are not lawyers just looking to mitigate risk, they help to show the client how to increase or enhance their value in the short, medium and long term."

KEY INDIVIDUALS Charles Palmer leads the team's involvement with long-standing client RBS. He concentrates on advising on a variety of urban regeneration projects and dealing with the real estate issues of company headquarters. Lee Medlock earns recognition in the market for his skills in landlord and tenancy matters. He is also extremely familiar with investment, development and leasing transactions, in which he regularly deals with US-based clients. The past year saw him advise the developer Fairgate Group on a 40,000 sq ft development in Leicester.

On 1 January 2011 US-based firm Squire, Sanders & Dempsey merged with Hammonds of the UK to form this new, transatlantic operation. The move is likely to bring in new work for the real estate team, which continues to represent its institutional clients in all manner of real estate transactions. It has recently been advising Aviva Investors on relocation issues for stores within a retail park in Durham, and it represented the South East England Development Agency on a development agreement for residential property on the Isle of Wight.

KEY INDIVIDUALS Christopher Brigstocke has particular expertise in urban regeneration projects, renewable energy and infrastructure developments. Clients consider him "commercial, effective and a safe pair of hands."

This team has an established presence in the hotel arena as well as a solid mid-market position in traditional real estate matters. Its broad client base includes public sector clients and private sector clients such as EDF Energy, which the team continues to advise on lease agreements for the electricity network at the Olympic Park. It has also won a new client in the form of a newly launched REIT, Metric Property Investments. Sources say the practice is keen to nurture long-standing working relationships.

KEY INDIVIDUALS Robert Newman leads the hotels and leisure team, representing long-standing client Accor, although his expertise extends to other areas. Recent work includes advising Liberum Capital on taking a lease of premium office space at British Land's newest skyscraper, Ropemaker Place. Stephen Laud impresses clients with his experience and ability to deliver work to a deadline. He divides his time between the buying and selling of real estate investments and landlord and tenancy work; he has advised SABMiller on several different leasing arrangements over the past year. Marcel Haniff heads up the real estate practice and focuses on regeneration and development projects.

This group's diverse client base and strong international network has enabled it to weather the economic storm impressively. It has been acting on behalf of a number of supermarket developers and pension fund investors, as well as advising on property portfolios for international clients such as the US-based Illinois Tool Works.

Client Service "The client care is exceptional, the best we have ever come across."

KEY INDIVIDUALS Matthew Farmer commands strong client loyalty and wins substantial praise for his pragmatism. He has been advising Rokeby Developments on a variety of matters for two retail parks; these include construction, funding and development issues. Demonstrating the variety of his practice, he has also recently advised on a solar energy farm development. Brendan Patterson is managing partner of this firm's London office. His practice spans all manner of commercial real estate, but he primarily focuses on development and investment for clients such as Raven Russia. "He is good at understanding the client, has a good commercial attitude and can explain the real estate issues to those who are not specialists in his field," say sources. He and recently made partner Sam Kelly advised Telecity Group on the purchase of new space and the management of existing space. Kelly is popular with clients and is adept at handling a wide variety of commercial real estate work.

This real estate team holds a strong position in the real estate market and offers a wide array of services. Recent highlights include acting for Heron International on a number of new developments across London: a mixed-use property in Bishopsgate, a 35-storey tower and an office development in Victoria. The group also advised investment portfolios Canada Life and HSBC European Active Real Estate Fund on several transactions.

KEY INDIVIDUALS Heading up the firm's hotels group is Richard Bursby, who focuses exclusively in this area. His array of expertise extends from hotel-related M&A and joint ventures to management and franchise agreements. Keith Barnett leads the real estate team and is described by sources as being "highly commercial and caring about his clients' interests." He counts Brookfield Europe and London & Regional among his clients. Richard Grosse focuses on development and real estate investment. His clients include Derwent London.

The team's management of property portfolios for clients such as AXA Sun Life and Maplin Electronics remains a key part of the practice. In addition, the past year has seen the group advise on, among other things, purchases, sales, leasebacks and lease renewals. Sources appreciate the group's willingness to take suggestions on board and be pragmatic in its approach. 

KEY INDIVIDUALS Balbit Thandi is praised for "being proactive, making minimal fuss and being informative - she explains the complexities in a commercial and simple way." She is instructed by clients on an array of matters - in particular, she attracts a large number of banking clients like HSBC and NatWest for her expertise in secured lending.

This compact group has a solid foothold in London's real estate market and regularly represents both overseas and domestic funds in their real estate investments. The team has had a buoyant year and continues to be instructed by satisfied clients who are keen to point out the team's strengths: "The lawyers always represent our positions strongly without jeopardising the transactions."

KEY INDIVIDUALS Practice head Julian Bass continues to service clients in a range of areas. Together with James Styles, he advised the Peel Group on the sale of a significant portion of assets in three airports across England. Styles's clients predominantly hail from the investment arena. A real highlight for him was successfully representing HIH Global Investment in the £110 million acquisition of 100 New Bridge Street. Anthony Judge earns plaudits for "understanding the bigger picture rather than just the niceties of law - he understands commercial realities." His practice has recently focused on the retail sector and he advised European investment fund Meyer Bergman on its purchase of The Exchange shopping centre in Ilford.

Clients say this team is "set apart by its agility and attention to detail." It is well placed in the market to advise clients on all aspects of real estate transactions and counts investors, financiers and contractors among its clients. It assisted the London Borough of Brent in its acquisition of a leasehold for a new civic centre near Wembley, and has advised London International Exhibition Centre on the development and funding of a new hotel in London's Docklands. 

KEY INDIVIDUALS Jeremy Joiner leads the commercial property group. His practice is slanted towards development work but he is also highly experienced in the hotels and leisure sector. Relatively unusual work this past year saw him advise Gatehouse Bank on the acquisition of BT's headquarters in Leeds; this £40.1 million transaction involved Shari'a-compliant financing.

This well-established group, comprising ten partners, offers a wide variety of real estate expertise. It recently advised Warburg-Henderson KAG on its purchase of the N1 Shopping Centre in Islington. It also advised long-standing clients CALA Homes and Athos Group on the first phase of development of over 200 residential units and a joint venture with The Carlyle Group, respectively. Clients appreciate this team's solution-oriented practice and its strong commercial awareness.

KEY INDIVIDUALS Leading this firm's commercial property group is Justin Lewis-Vivas.

This group regularly works on joint ventures between the public and private sectors; social housing work and regeneration projects make up a substantial portion of the practice. A highlight this past year was representing Barratt/Wilson Bowden in negotiations over its role in the £1 billion regeneration project of Basildon town centre. Satisfied clients note: "They are dependable, professional and have good integrity."

KEY INDIVIDUALS Francesco Ferrari is described by sources as "highly knowledgeable about both the client side and the legal issues." He focuses on development and regeneration projects, often in relation to social housing matters. He advised on the disposal of property for Springboard Housing Association in a deal that had to be completed in a short timeframe for the purchaser to secure funding; the sheltered and assured tenants involved made this a particularly tricky transaction.

This highly regarded group concentrates largely on investment work, but offers clients the full spectrum of real estate expertise. A recent highlight was the team's role representing AREA/Sovereign Land on the leasing arrangements of a new retail development in Wakefield; this follows its acquisition from administration in 2009. JPMorgan Real Estate Fund is also among the team's impressive roster of clients.

KEY INDIVIDUALS Peter Thorne leads this London real estate group and is popular in the market, with clients noting: "He has a strong work and service ethic and is a good manager of his team." He was recently key in advising St Modwen on a joint venture with Persimmon to develop 2,000 homes in England and Wales. Heading up the international real estate team is Sally Pinkerton, who "provides great advice" according to clients. She advised on the sale of Scottish Gartmore House by Hines, the US-based developer, and represented German investment fund Pradera on the acquisition of retail parks in the UK.