New associate director for BNP Paribas Real Estate’s expanding compulsory purchase team

August 10, 2016
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The Bristol-based compulsory purchase and infrastructure team of property agency BNP Paribas Real Estate has continued its expansion with the appointment of Alasdair Lowe as associate director.

Alasdair is an experienced valuer and CPO (compulsory purchase order) surveyor. He joins the office after two years at Birmingham-based Hamer Associates.

Alasdair has represented a diverse range of clients affected by the High Speed 2 (HS2) scheme, ranging from landowners to national housebuilders.

He has also advised promoting bodies on CPO and Transport and Works Act Order schemes in both the Midlands and the North of England.

The compulsory purchase and infrastructure (CP&I) team has a number of significant projects underway including the handling of claims against HS2.

The team has already achieved settlements worth more than £200m for clients affected by Phase One of the project and is handling around a quarter of the property cost estimate in claims for that phase. It has already landed some of the largest claimant instructions for Phase Two in the North.

The team has also acquired all of the land for the only major road scheme built during the recession and will be advising on the largest new rail-freight terminal to be built in the Midlands for decades as well as a re-generation DCO (development consent order) in the North East of national significance.

CP&I team head Chris Selway said: “Alasdair’s appointment is an integral part of our plan to continue attracting and investing in the right people to ensure our clients get the best possible service.

“We are extremely busy as a result of continued spending on infrastructure schemes at national and regional levels. We have an established reputation in our specialist sectors and represent a substantial number of commercial organisations and acquiring authorities running DCO and CPO projects and claims.

“With HS2 re-affirmed by the new prime minister, CrossRail 2, Hinkley Point C, the London Mayoral UDC and a plethora of nationally significant infrastructure projects coming forward across the country, the next 10 years present a challenging opportunity. Alasdair joins a talented, professional team looking forward to meeting that challenge.”

Pictured: BNP’s compulsory purchase and infrastructure team. From left: Alasdair Lowe, Derry Mockett, Julia Lock, Natalie Mockett, John Davies, Chris Selway and Daniel Parry-Jones

 

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