Solicitor, Real Estate

Employer
Ashurst
Location
London (Central), London (Greater)
Salary
Competitive
Closing date
4 Mar 2022

View more

Vacancy Type
Solicitors – Private Practice
Contract Type
Permanent
Practice Area
Real Estate
Experience Level
0-2yrs PQE
Role Classification
Lawyer
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Job Details

About Ashurst

Ashurst is a leading global law firm with a history spanning almost 200 years, and clear strategy for our future growth. Our in-depth understanding of our clients and commitment to providing exceptional standards of service have seen us become a trusted adviser to local and global corporates, financial institutions and governments in all areas of commercial law. To find out more please visit here .

In order to comply with regulatory and client requirements, Ashurst will undertake appropriate vetting of staff. When applicants accept a job offer, Ashurst, alongside a specialist provider, will undertake professional verification and background checks. These checks are only undertaken with consent, and in accordance with our legal and regulatory obligations.

Team overview:

Ashurst is one of a handful of major global law firms for which real estate remains a key area of focus and of strategic importance.

Ashurst's real estate team is extremely well known and respected in the London market. We have recently been voted the Best Real Estate Law Firm Europe by the 2018 Property Funds World Global Awards which is a testament to our quality across the key European jurisdictions.

The real estate group operates as a single global team providing new and longstanding clients with advice from our network of international offices on all types of real estate driven transactions including large scale urban regeneration projects (including residential schemes, office buildings, shopping centres, hotels, business parks, leisure projects and industrial sites), direct and indirect investment, joint ventures and co-investment structures and real estate funds.

We act for clients in every part of the real estate sector: financiers, governments, investors (with a strong focus on inbound capital from overseas), pension funds, developers, contractors, operators and asset managers.

The team are recruiting for a senior associate with post admission experience of real estate work to focus on high-end multidisciplinary real estate work.

"Strong on a variety of complex, high-end real estate work. Areas of expertise include urban regeneration projects as well as other development matters, and substantial investment and leasing transactions. Chambers 2017"

"They have a good, cohesive team and they don't fight silly clauses. They take a practical view of what needs to be challenged and protected without wasting time over-analysing or debating issues that we can take the risk or compromise on." Chambers 2017"

Job overview:

A newly qualified or qualifying solicitor. You will be involved in a variety of client teams and will have the opportunity to participate in some of the biggest deals in the market. You will also have access to a great training programme to assist development.

Essential skills and experience:

  • You have had a seat or experience of working in a busy Real Estate team and you are keen to develop your skills and career working in a progressive market leading practice and see a long term future in this sector.
  • You will take day to day responsibility for running transactions with minimal partner input. You will be able to demonstrate excellent drafting skills
  • You will be confident and effective in negotiations with counterparts
  • You will be effective in communicating with clients in order to understand their needs and how best to meet them. You will also have the ability to assist clients in arriving at practical and cost effective solutions
  • You will be able to demonstrate a track record in building client relationships
  • You will have excellent attention to detail, identifying inconsistencies that indicate problems with quality of work or a misunderstanding of clients' needs
  • You will gather information from a variety of sources to identify your own strengths and weaknesses
  • You will be ambitious and highly motivated and be willing to go the extra mile in your contribution to the wider real estate group
  • You will be a team-player who can work effectively with colleagues at all levels
  • You will have experience in managing a transaction team and be able to demonstrate an interest in developing more junior members of the team
  • You will have a commercial approach

Recent Work:

  • A major Singaporean investor on the acquisition of logistics portfolios.
  • Korean investors on multiple acquisitions including 70 Mark Lane, Cannon Bridge House, 20 Old Bailey and 200 Aldersgate.
  • TH Real Estate on the sale of One Kingdom Street, London, for £292 million.
  • Greenland Group on the acquisition and development of the Ram Brewery site in Wandsworth, south-west London, from Minerva and on the acquisition and development of the Spire, Europe's tallest residential tower.
  • Lendlease on the redevelopment of Euston station.
  • DWS (formerly Deutsche Asset Management) on the acquisition of 2 and 3 Bankside.
  • Oxford Properties on the investment acquisition and financing of a 50% stake in MidCity Place, King Edward Court (Paternoster Row, the site of the London Stock Exchange), and St Martin's Court at Paternoster Square, London. Also on the joint venture with Brockton Capital for the redevelopment of the former Royal Mail sorting office on the New Oxford Street Island site and on a joint venture acquisition with RLG Real Estate of 48-50 New Bond Street.
  • Oxford Properties on the joint venture structuring for its c. £1 billion acquisition of the Sony Centre, Berlin.
  • Oxford Properties on the joint venture structuring for a portfolio of three properties in Paris.
  • Samsung SRA Asset Management on the investment acquisition (together with Cushman & Wakefield Investors) of 30 Crown Place, London EC2.
  • Starwood Capital on a £95m development facility in respect of Baltimore Wharf Tower, a residential development situated in Docklands, London.
  • The Berkeley Group on various large scale long term strategic landholding co-investments with landowners around the country to secure opportunities for future developments.
  • Telereal Trillium on the sale of the Hyperion Portfolio to, a portfolio of 55 assets, to Legal and General (L&G) for £550 million.
  • CDL Hospitality Trust on the acquisition of LR Cambridge, a UK company owning and operating the Cambridge City Hotel.
  • BP on the sale and leaseback of the 33 acre BP International Centre for Business and Technology in Sunbury-upon-Thames.
  • Westfield on their major retail led developments at White City, Stratford and Croydon.
  • Stanhope on the major retail led, mixed use development at Elwick Road, Ashford.
  • Transport for London on a number of overstation development projects including at Moorgate, Farringdon East and Farringdon West and Tottenham Court Road.
  • Balfour Beatty and Places for People on the East Wick and Sweetwater development at the site of the Queen Elizabeth Olympic Park.
  • Norges Bank on the asset management of its London portfolio.

Representative Clients:

Oxford Properties, Samsung, TH Real Estate, Beacon Capital Partners, Grosvenor, Westfield, British Land, Lendlease, BP, Transport for London, Stanhope, Invesco, Berkeley Homes, First Panattoni, Norges Bank, DWS.

Career advancement:

An established Associate Career Path Framework is in place clearly defining expectations and outlining opportunities for promotion.

Secondment opportunities:

Opportunities often arise for associates to spend time on secondment in house with a key client of the firm. From time to time, secondment opportunities also come up within other Ashurst offices in Europe, North America, Asia and Australia.

Salary: Competitive

Company

Ashurst is a leading international law firm with world class capability and a prestigious global client base. The firm's in-depth understanding of its clients and commitment to providing exceptional standards of service has seen it become a trusted adviser to local and global corporates, financial institutions and governments on all areas of commercial law. The firm's people are its greatest asset and it brings together lawyers of the highest calibre with the technical knowledge, industry experience and regional know-how to provide the incisive advice clients need.

Ashurst has 25 offices in 15 countries and offers the reach and insight of a global network, combined with the knowledge and understanding of local markets. With 400 partners and 1,200 lawyers working across 10 different time zones, the firm is able to respond to clients wherever and whenever required. As a global team, Ashurst has a reputation for successfully managing large and complex multi-jurisdictional transactions, disputes and projects and delivering outstanding outcomes for clients.

Find Us
Telephone
+44 20 7638 1111
Location
London Fruit & Wool Exchange
1 Duval Square
London
E1 6PW
United Kingdom
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