A public-private affordable housing partnership on which Trowers & Hamlins advised has picked up the award for 'Best Alternative Deal Structure' at the Partnerships Awards 2013, organised by Partnerships Bulletin and PPP Bulletin International. Project Edsel, described by the judging panel as 'unlocking a new source of funding for much needed affordable housing in the UK', was one of seven UK and international projects shortlisted in the category. The awards ceremony took place on 23 May 2013 at the Park Plaza Westminster Bridge in London.
Trowers & Hamlins and the Royal Institute of Chartered Surveyors, Bahrain, have teamed up to offer a series of seminars for members of RICS Bahrain and their guests. The tailored seminars will address the complexities of operating in the Kingdom of Bahrain and provide practical insight into legal issues affecting businesses and professionals in Bahrain.
Trowers & Hamlins has advised on a second joint venture between residential developer Mount Anvil and leading national housing provider, Affinity Sutton, which has secured funding from Barclays for a £100 million luxury residential scheme in west London.
Jennifer Bibbings, partner in Trowers & Hamlins' Dubai office, has been named one of the most influential Brits in the UAE in the inaugural Arabian Business Brit List. She is listed as 24th in the rankings and is one of only nine women ranked overall.
Ned Beale, partner in Commercial Litigation, is one of the General Editors of a recently published textbook called Dispute Resolution Clauses in International Contracts: a Global Guide.
Trowers & Hamlins has been shortlisted for Real Estate Team of the Year in The Lawyer Awards 2013 for its work for longstanding client Aviva Investors’ REaLM Fund on an investment of £25m into 411 units of tenanted social housing last year.
Trowers & Hamlins is delighted to announce that its client, Thanet District Council, has defended its successful Compulsory Purchase Order (CPO) decision after an application in the High Court which sought to quash the CPO for the purchase of the lands comprising the site of the former Dreamland Amusement Park in Margate.
3BM, an innovative employee-led mutual to provide School Support Services in Hammersmith & Fulham, the Royal Borough of Kensington and Chelsea and Westminster City Council, launched on 24 April 2013. Estimated to save £1million over four years, the mutualisation project has been supported by the Cabinet Office which designated Hammersmith & Fulham Council as a national Pathfinder in 2010 to explore new ways of delivering public services more efficiently.
Trowers & Hamlins has acted for Jafton Properties Limited in a key case on collective enfranchisement. Judgment in the county court case was handed down on 16 April 2013 in Smith and Dennis v Jafton Properties Limited.
Trowers & Hamlins has advised One Housing Group on the first Islamic financing into the social housing sector, as one of the Group's development subsidiaries obtained £20m of development finance under a master murabaha agreement with Bank of London and the Middle East plc.