Property & Construction UK

  • January 15, 2026

    Irish Housebuilder Glenveagh Launches €25M Share Buyback

    Irish construction company Glenveagh Properties said on Thursday that it has launched a share buyback program worth up to €25 million ($29 million) as it looks to lower its share capital.

  • January 14, 2026

    Sixth Street Closes European Fund With €3.75B In Tow

    Private equity shop Sixth Street, advised by Cleary Gottlieb Steen & Hamilton LLP, on Wednesday announced that it wrapped its third European direct lending fund at its hard cap with €3.75 billion ($4.37 billion) of committed capital.

  • January 14, 2026

    Fuel Trader Fights For Release Of Oil After $33M Judgment

    A fuel trader has asked a court to order the company of a Nigerian oil magnate to hand over oil stored on the trader's behalf, arguing that the businessman's firm had refused access after a $33 million judgment.

  • January 14, 2026

    Saba Capital Urges Workspace To Start Managed Wind-Down

    U.S. hedge fund Saba Capital Management LP has called on the board of Workspace Group PLC, a U.K. provider of flexible office space, to pursue a structured end to the troubled company's operations.

  • January 13, 2026

    LondonMetric Buys 9 Premier Inns For £89M

    LondonMetric Property PLC said Tuesday that it has acquired nine Premier Inn hotels for £89 million ($110 million) from Whitbread PLC, increasing the total number of hotels under the U.K.'s largest budget hotel chain brand in its portfolio to 22.

  • January 12, 2026

    UK Developers To Face Class Action For Inflating Home Prices

    A group of the U.K.'s largest house builders are set to face a class action case over allegations that they swapped sensitive information and drove up the prices of newly built homes.

  • January 12, 2026

    Engineering Firm Botched Manager's Sex Harassment Probe

    A tribunal has ruled that an aerospace engineering company unfairly fired a manager amid allegations that he'd sexually harassed a female subordinate, labeling its investigation into the matter as "wholly inadequate."

  • January 12, 2026

    REIT Abrdn Logistics Sells 2 French Assets For €15.6M

    ​Real estate investor Abrdn European Logistics Income said Monday that it has finalized the sale of two French warehouses for €15.6 million ($18.2 million) as it continues to wind down its portfolio of logistics assets on the Continent.

  • January 09, 2026

    UK Litigation Roundup: Here's What You Missed In London

    This past week in London has seen a collapsed investment firm revive a $15 million dispute with a hedge fund, major Hollywood studios bring an IP claim against the U.K.'s largest internet providers over illegal streaming, and the Department of Health and Social Care sue the law firm and barrister representing it in a pharma competition damages case.

  • January 08, 2026

    CMA Fast-Tracks In-Depth Probe Into Kingsmill, Hovis Deal

    The antitrust authority said Thursday that it has agreed to accelerate its formal investigation into the proposed acquisition of British breadmaking company Hovis by Associated British Foods PLC, which already owns Kingsmill, another rival bread brand.

  • January 08, 2026

    REIT Palace Capital Disputes Shareholder's Call To Oust Chair

    Palace Capital PLC hit back on Thursday against a call by its largest shareholder to remove the U.K. real estate investor's executive chair over concerns about his "excessive" salary and leadership as the business winds down.

  • January 07, 2026

    Ayanda Denies PR Firm Is Owed Fee For £225M PPE Deal

    An investment company has denied that it is liable to a public relations company for contractual fees after it was part of a joint venture that won a £225 million ($303.5 million) contract to supply face masks to the U.K. government in the early stages of the COVID-19 pandemic.

  • January 07, 2026

    Simpson Thacher Advises As Data Center Biz Gets $1.9B

    Investment firm KKR and private equity firm Oak Hill Capital on Wednesday said they will contribute approximately $1.9 billion in investments for European data center company Global Technical Realty, with Simpson Thacher & Bartlett LLP advising.

  • January 07, 2026

    Ex-Jefferies Banker To Face 2028 Trial For Insider Dealing

    A former Jefferies International adviser and his alleged associate denied committing insider dealing to make £70,000 ($94,000) from the £969 million takeover of a real estate investment trust when they appeared at a London court on Wednesday.

  • January 07, 2026

    Great Portland Estates Buys West End Property For £51M

    Great Portland Estates, a real estate investor with a listing in London, said Wednesday that it has snapped up a West End property for £51 million ($69 million) to expand its inner-city portfolio.

  • January 13, 2026

    Latham & Watkins Adds 3 A&O Shearman Pros In London

    Latham & Watkins LLP said Tuesday that it has hired three finance partners from A&O Shearman in London, taking to 14 the number of lawyers who have joined its ranks from its rival since June.

  • January 06, 2026

    Saudi Businessman Sues Ex-Partner In Property Deal Dispute

    A Saudi businessman has sued his former business partner in a London court over multiple alleged failures to return funds provided for real estate investments, alleging that he owes him more than 89 million riyals ($24 million).

  • January 06, 2026

    BNP Paribas Estate Agent Faces £8M Negligence Case

    Strutt & Parker, an estate agent owned by BNP Paribas, is facing an £8 million ($10.8 million) claim from the trustees of farm land who allege the company and a surveyor negligently undervalued the property, leading to a sale at a significant loss.

  • January 05, 2026

    Monthly Merger Review Snapshot

    Prolonged Federal Trade Commission reviews forced the abandonment of two mergers, the U.S. Department of Justice sparred with Live Nation and defended a merger settlement, and both agencies agreed to let multibillion-dollar transactions move forward. Here, Law360 looks at the major merger review developments from December.

  • January 02, 2026

    John Wood Seals $151M Sale Of 50% Stake In Energy Biz

    John Wood said Friday that a subsidiary has sold half its interest in a gas turbine maintenance venture to its partner, a unit of Siemens Energy, for $151 million in cash as the Scottish engineering consultancy continues to streamline operations.

  • January 01, 2026

    BigLaw Leaders Tackle Growth, AI, Remote Work In New Year

    Rapid business growth, cultural changes caused by remote work and generative AI are creating challenges and opportunities for law firm leaders going into the New Year. Here, seven top firm leaders share what’s running through their minds as they lie awake at night.

  • January 01, 2026

    UK Legal Sector Braces For M&A Surge, AI Boom In 2026

    The year ahead is set to accelerate the transformation of the legal sector, with developments including a surge in mergers and acquisitions and artificial intelligence moving beyond hype.

  • December 23, 2025

    UK M&A Advisers Use Creative Solutions Amid 2025 Turmoil

    Advisers often had to get creative when they helped sponsors to find ways to complete deals during the M&A doldrums and geopolitical storms in 2025.

  • December 23, 2025

    Dubai Bank, Developer Deny £260M Deal Sabotage Allegations

    A property developer and a Dubai bank have hit back at a claim from a real estate business that alleges they undermined a £260 million ($351.2 million) refinancing deal, saying that there was no chance of the transaction going ahead.

  • December 23, 2025

    Ørsted Sells 55% In Taiwan Wind Project To Cathay For $788M

    Ørsted AS said Tuesday that it has sold a 55% stake in its Taiwanese wind project to life insurer Cathay for 5 billion Danish kroner ($788 million) as the Danish renewables company looks to shore up the business after setbacks in the U.S.

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