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Olswang buys up Kanter Jules in real estate push.
(From The Lawyer)
Olswang is kicking off its new financial year with the acquisition of property boutique Kanter Jules.
In total, nine fee-earners will join Olswang this week, with four signing up as partners. The new arrivals are chiefly in real estate, but include corporate and litigation specialists.
The deal will add some GBP4.5m to Olswang's revenue. The firm also added GBP3.5m with the acquisition of Julian Holy Solicitors in June 2005.
Kanter Jules' best-known clients are Reit Asset Management and US firm Apollo Real Estate Advisors. The former, which manages a property portfolio worth around GBP2bn, uses Kanter Jules almost exclusively for its property work but uses other firms for corporate matters. Olswang will aim to leverage its property ...
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