Law firm’s move to boost confidence in the property market
Law company Pinsent Masons is close to agreeing terms for the letting of a new office at Belfast’s Waterfront, the Belfast Telegraph understands.
The practice is expected to relocate from Bridge Street in the city to The Soloist on Lanyon Place this summer.
Pinsent Masons employs around 60 lawyers in Belfast since the London-based international commercial practice merged with McGrigors.
The latter had established a presence in Northern Ireland after acquiring Belfast firm L’Estrange and Brett in 2009.
Pinsent Masons refused to comment on the move. BTW Shiells and Colliers are both dealing with the lettings of the building but no one was available for comment at either agency.
Cloud computing and mobile technology specialist Aepona will also lease the second floor of the five-storey, £15m scheme and is due to move its 70 staff into the building in March. The Soloist was designed by Norwegian architects Niels Torp, also responsible for the British Airways headquarters at Waterside, Heathrow, and the Royal Jordanian Airlines headquarters at Amman, Jordan.
Its marketing literature describes it as having “the highest level of finishes yet seen within the Belfast office market place”.
Occupation of The Soloist, built by Ewart Properties, is expected to give encouragement to the |commercial property market.
No one was available for comment from Ewart Properties. A note in the company’s last filed accounts for year ending December 31 2010, filed in March last year, commented that some bank loans had been “only recently” transferred to another provider.