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Law firm Wilson Nesbitt sponsors Belfast delegation at world's largest real estate conference

Business Telegraph talks to law firm Wilson Nesbitt about a hectic year for the practice and its sponsorship of a new category, Large Company of the Year, in the 2020 Belfast Telegraph Business Awards in partnership with Ulster Bank

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Wilson Nesbitt’s property team won awards in last year’s Estate Agent of the Year Awards. From left: Kristina Peacock, Ian Creighton, Lauren Burns, host Phil Spencer, Claire Smyth and Hannah-Louisa Ellison

Wilson Nesbitt’s property team won awards in last year’s Estate Agent of the Year Awards. From left: Kristina Peacock, Ian Creighton, Lauren Burns, host Phil Spencer, Claire Smyth and Hannah-Louisa Ellison

Wilson Nesbitt’s property team won awards in last year’s Estate Agent of the Year Awards. From left: Kristina Peacock, Ian Creighton, Lauren Burns, host Phil Spencer, Claire Smyth and Hannah-Louisa Ellison

The year 2019 was a busy year for Wilson Nesbitt, a law firm focused on advising the real estate, banking and finance and wealth and family sectors.

And as the firm embarks on its 70th year of trading, partner Neil Logan says it does so "on the back of a disruptive 2019 for many businesses in the banking and finance and real estate sectors".

"The uncertainty over Brexit negotiations undoubtedly led to fluctuations in the currency markets and a cautious approach when making capital investments," he explains.

"This was coupled with structural changes in the retail market undermining extant investments."

However, 2020 already feels different. Political uncertainty, both at Westminster and Stormont, has, at least in the short-term, abated and been replaced by a political direction which provides a better environment for investment and credit decisions. Brexit negotiations, whilst far from over, have laid the foundations for Northern Ireland to become the gateway to both the UK and Europe.

Combined with a tech cluster which continues to grow due to the work of economic development agency Invest NI and ambition from Belfast City Council to see 66,000 new residents by 2035, there is an opportunity for growth in both the banking and finance and real estate sectors of the economy.

Belfast is open for business.

To play its part in helping Belfast to promote those opportunities on the international stage, Wilson Nesbitt is sponsoring the Belfast delegation to MIPIM.

MIPIM is the largest real estate conference in the world and sees 30,000 investors, developers and funders descend on Cannes in France in March to bring projects to market and hear what internationally focused cities have to offer.

Partner Drew Nesbitt says: "We are delighted to be sponsoring the Belfast delegation at MIPIM. This is a sign of our commitment to help the NI real estate sector attract international investment."

Gilbert Nesbitt, also a partner in the firm, says: "Belfast has a great opportunity to be an international hub, attracting and exporting talent globally, and it is important our city is represented at events like this to allow it to showcase its opportunities.

"Our local expertise, coupled with our international connections and sector specific knowledge, means we are able to add value to our client's businesses and the local economy."

Wilson Nesbitt is also delighted to sponsor the Best Large Business category at the 2020 Belfast Telegraph Business Awards.

Mr Logan says: "Having been a category sponsor last year, we are delighted to be supporting this great event once again.

"The awards really are a celebration of all that is good about our local economy and we look forward to presenting the Best Large Business award on the night.

"We wish all the entrants good luck and are delighted to be able to help showcase local talent."

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