Ashurst regularly advises clients on high value investment transactions, of both single assets and property portfolios, involving cross border considerations. It is particularly well-placed to assist Korean clients. The firm is also well-versed in growing sectors of the market, especially logistics and build-to-rent. The team is led by Sarah Sivyour, David Jones and Richard Vernon. Sivyour is experienced in logistics asset transactions, whilst Jones is frequently instructed by South Korean investors entering Europe. Tim Regis is a noted member of the practice, working on joint ventures within the UK. Melanie Jordan advises on acquisitions and forward fundings of major development sites. Chris Benbow is another key member of the team, and advises foreign investors on transactions and joint ventures.
Commercial property: investment in London
Ashurst
Practice head(s):
Sarah Sivyour; David Jones; Richard Vernon
Other key lawyers:
Jamie Chapman; Henry Moss; Melanie Jordan; Tim Regis; Chris Benbow
Testimonials
‘Tim Regis provides great insight, and balances risk vs reward in order to provide the right outcome and a way forward on contract negotiations.’
‘The Ashurst real estate team benefits from a deep bench of high quality solicitors and is headed by a world-class operator, Sarah Sivyour.’
‘Sarah and the team are excellent at providing, timely, concise and commercial advice. Distilling complex issues into easy to digest advice.’
Key clients
La Francaise
Savills
Pontegadea
Deutsche Bank
Oxford Properties
Lendlease Group
Invesco
Panattoni
Mirae Asset Global Investment
Barings
City Developments Limited
McLaren Group
CDLHT
Intermediate Capital Group
Cain International
The Berkeley Group
Stanhope
Almacantar
British Land
Tritax Group
Work highlights
- Advised longstanding client Vestas Investment Management on the £150m corporate Sale of 125 Shaftesbury Avenue, London, an 180,000 sq ft retail and office building in the West End of London.
- Advised Hines on the £155m acquisition of a landmark building in Central London with 8,700m² of office space and 836m² of restaurant space at Film House in Wardour Street, Soho.
- Advised Pontegadea, Spanish billionaire Amancio Ortega’s real estate business, purchase of 33 Foley Street, a former BBC office redeveloped by Kier in London’s Fitzrovia from abrdn.
Bryan Cave Leighton Paisner
Maintaining an ‘outstanding’ standard of individuals within the practice, Bryan Cave Leighton Paisner handles complicated transactions and joint ventures, supplementing its investment expertise with its wider real estate capabilities, including construction, planning and real estate finance. The firm is well-versed in alternative asset classes, handling purpose-built student accommodation, build-to-rent, logistics, and life sciences asset transactions. Nazir Dewji and Samant Narula, who advises private equity real estate funds and international institutional investors, oversee the practice. Within the team, Chris de Pury advises on structured investments and disposals. Adam Bogdanor is an expert in the hotels sector. Celia Berg focuses on residential and student accommodation. Claire Milton is another key member of the practice, well-versed in real estate finance and site acquisitions. Daniel Burnard and Janany Kathirgamanathan made partner in January 2024.
Practice head(s):
Nazir Dewji; Samant Narula
Other key lawyers:
Juliet Thomas; Adam Bogdanor; Chris de Pury; Celia Berg; Claire Milton; Verity Waington; Simon Kenley; Richard Brearley; Daniel Burnand; Janany Kathirgamanathan
Testimonials
‘The team are technically excellent and provide good commercial advice. The team remains consistent throughout the project, which is essential to avoid having to explain things again.’
‘The standard of individuals who deal with instructions is simply outstanding. They find solutions and make things happen.’
‘Very experienced, large team. Capable of handling all different sizes of transactions.’
‘Well rounded experience – the right balance of detailed and precise combined with commercial pragmatism.’
‘The individuals are knowledgeable and efficient.’
‘Chris de Pury is extremely commercial in all dealings, very pragmatic and direct with advice. A clear thinker and someone you would wish to have on your side.’
‘Adam Bogdanor comes with buckets of experience, which makes his advice and expertise meaningful.’
‘Samant Narula is very well plugged into the UK CRE market.’
Key clients
KWAP
EDGE
Landsec
Oxford Properties
Tristan Capital Partners
The Unite Group
Sable Capital Partners
The Crown Estate
Federated Hermes
KKR
BlackRock
AXA
Ares Management
Work highlights
- Advised Ares Management on the circa £200 million acquisition of eight stabilised logistics assets in England from Royal London Mutual Insurance Society.
- Advising Tristan Capital Partners on the creation of a £750 million purpose-built student accommodation platform.
- Advised Landsec on the sale of 1 New Street Square to Chinachem Group, a Hong Kong-based property developer, for £350m.
CMS
CMS advises clients on portfolio and single asset transactions across a broad spectrum of sectors, including the office, logistics, life sciences and residential sectors. The practice, led by Marie Scott, John Cumpson, Andrew Banton and Chris Rae, has recently seen major growth. In April 2023, Paul Paling and Melanie Hughes joined from Michelmores LLP; in July 2023, Michael Buchanan joined from Eversheds Sutherland (International) LLP; in October 2023, Barry Edgar joined from Dentons; and in January 2024, Rebecca Moore joined from Bryan Cave Leighton Paisner. Caroline Maude advises on office and mixed-use investments. Alan Crawford is well-versed in assisting Middle Eastern investors in their UK investments. Amit Unadkat assists international clients in inward investments into Europe. Leilah Rawle has especial energy expertise. Amanda Howard is another key name in the practice. In April 2023, Scott Curtis and Irfaan Khaliq were promoted to partner. Ciaran Carvalho left the practice in April 2024.
Practice head(s):
Marie Scott; John Cumpson; Andrew Banton; Chris Rae
Other key lawyers:
Jules Needleman; Mark Heighton; Caroline Maude; David Wilkinson; Amanda Howard; Alan Crawford; Amit Unadkat; Leilah Rawle; Lindsey Barrett; James Miller; Hugh Picton Phillipps; David Crossley; Paul Paling; Melanie Hughes; Michael Buchanan; Barry Edgar; Rebecca Moore; Scott Curtis; Irfaan Khaliq
Testimonials
‘The CMS team are always very professional, pragmatic and commercial. They are quick to identify “red flags” on any transactions and also very adept at finding solutions. They work in a timely manner and are a key asset to any transaction team. ’
‘They work well with other teams within CMS when other expertise from the firm is needed.’
‘Jules Needleman takes time to understand the business and the team. He provides an excellent service.’
‘Alan Crawford provides strong strategic advice and commercial acumen.’
Key clients
AimCo
Annington Group
Blackstone
Columbia Threadneedle
Federated Hermes
GPE
HB Reavis
Herstshen Group
InfraRed Capital Partners
Mitsubishi Estate London Limited
Newlands Developments
Nuveen Real Estate
Savills Investment Management
SEGRO Plc
Signal Capital
Tristan Capital Partners
Triton Limited
UBS
Work highlights
- Acting for Sainsburys on the buyout of their £1.1bn reversion portfolio of 26 supermarkets, a very complex deal involving the collapsing of the securitisation structure.
- Advised new client Annington Group, one of the largest private real estate owner in the UK, on the sale of almost 600 houses across 18 sites.
- Advised on the sale of the entire issued share capital of Statera Energy (UK based battery storage and renewable energy developer), worth £400m.
Herbert Smith Freehills LLP
Herbert Smith Freehills LLP is well-versed in supporting private capital investors, including private equity and sovereign wealth funds. The firm handles mergers, acquisitions, restructurings and investments involving development elements. It has seen particular activity in the data centre and student accommodation asset classes recently. Jeremy Walden advises on logistics and life sciences matters. Donald Rowlands is a key member of the team, advising on pre-lets and refinancings. Julian Pollock assists with proposed investments into development projects. Shona Grey is an expert in private equity investments. Will Turnbull is experienced in joint venture assistance. The ‘truly exceptional’ Paul Chases has seen recent activity in the residential and shopping centre sectors.
Practice head(s):
Matthew White
Other key lawyers:
Jeremy Walden; Donald Rowlands; Nicholas Turner; Simon Elliott; Julian Pollock; Richard Forsdyke; Will Turnbull; Paul Chases; Shona Grey; Alex Wright; Sebastian Taylor; Kathryn Coveney; Ben Elkington
Testimonials
‘Very deep bench of experienced people.’
‘Jeremy Walden has a masterful grasp of dynamics across complex deals.’
‘Paul Chases is truly exceptional. His extensive sector knowledge and experience makes him the go-to advisor for high-profile and complex corporate real estate transactions in the UK market.’
‘Very commercial, with deep understanding of real estate investment and development.’
‘Julian Pollock is experienced and pragmatic; you want him on your side.’
‘They possess extensive industry knowledge and a strong commitment to client satisfaction, making them stand out among their peers.’
‘Simon Elliott is the epitome of a trusted advisor. He always provides thoughtful and commercial advice, but crucially puts himself into the principal’s mindset to help shape what the legal position means.’
‘Exceptionally well-rounded and flexible team. They are up-to-date and often ahead in key areas of the industry.’
Key clients
British Land
Cain
Blackstone
TfL
Abrdn
City Development Ltd
Federated Homes
Goldman Sachs
Hammerson
Brookfield
Work highlights
Addleshaw Goddard
Addleshaw Goddard offers a comprehensive service to its real estate clients, able to advise on construction, planning, funds, finance, and disputes. The firm is particularly skilled in investment transactions connected to development projects. Key sector strengths for the firm include office and retail. The team is led by Iain Hindhaugh, Daniel Woolston and Nancy McGuire. Hindhaugh is adept at advising US clients as well as real estate private equity funds. Woolston advises on complex structures in the alternative assets space. Hemal Kotecha is a key member of the team who advises clients on development transactions. Liam Diggins is well-versed in real estate fund formation and structurings. In May 2023, Rachel Orton left the practice.
Practice head(s):
Iain Hindhaugh; Daniel Woolston; Nancy McGuire
Other key lawyers:
Hemal Kotecha; Liam Diggins; Luke Harvey; Leanne Hale-Tulley
Testimonials
‘Addleshaw Goddard is very well-skilled legally and from that expertise also knows how to advise in a practical and efficient manner.’
‘Daniel Woolston has passion for his work. He understands the client’s business and what issues are important and advises from that understanding.’
‘The team are extremely hands-on, and are transaction specialists. They deliver on time and manage external relationships well.’
‘Excellent strength in depth, and always available when needed.’
‘AG’s real estate team is excellent. Skills honed on the front lines of complex and fast moving transactions.’
‘Iain Hindhaugh is an extremely strong legal mind and highly experienced deal tactician.’
‘Dan Woolston is a highly capable corporate advisor, able to cover and communicate complex issues under acquisition time pressure and translate that into robust real estate corporate structures.’
‘By far the market leader in the alternative living space.’
Key clients
British Land
LondonMetric
Royal London Asset Management
Realty Income
Angelo Gordon & Co LP
JTRE Real Estate
CBRE Investment Management
Abrdn
Columbia Threadneedle
MiddleCap
HB Reavis Group of Companies
Battersea Power Station
Pension Insurance Corporation
Federated Hermes Group of Companies
Marks and Spencer plc.
Magnetar Financial
CrossTree Real Estate Partners
Heimstaden
Oxenwood Real Estate
Leftfield
Hub Residential Limited
Work highlights
- Advised Royal London Asset Management, on behalf of Royal London, on its acquisition of 21,000 acres of prime farmland in a £260m joint venture with South Yorkshire Pension Authority.
- Acted for Realty Income on the acquisition of two SPVs both owned by Ediston Property Investment Company PLC, which in turn owned 11 shopping centres in England and Scotland.
- Advised Euro Properties on its strategic exit from 265 Strand, with full life-cycle advice relating to the exit of an incumbent tenant, redevelopment options, a re-letting to New York University, and then a subsequent disposal to New York University fund for £118m.
A&O Shearman
A&O Shearman is especially strong in cross-border investments, particularly between the US and UK. The firm is experienced in an array of traditional and alternative asset classes, from office and retail to senior living and logistics. The practice is led by Christopher Woolf, who advises private equity funds and institutional investors on their real estate matters. Nick Saner is an expert on the acquisition and disposal of offshore property holding structures. Emma Willoughby regularly advises on financing matters for real estate investors. Hayden Cameron has notable cross-border capabilities, advising on purchases and disposals of assets in the UK, Europe, Asia and America.
Practice head(s):
Christopher Woolf
Other key lawyers:
Hayden Cameron; Nick Saner; Emma Willoughby; Lucy Goodwin
Testimonials
‘A strong team, in a great firm, offering reliable advice.’
‘Nick Saner is strong and reliable.’
‘Nick Saner show creativity and commerciality.’
Key clients
Quadrant Estates
Supermarket Income REIT
Cofinimmo SA
Evans Randall
Kennedy Wilson
Mapletree
Nuveen
Orion Capital Managers
Oxford Properties
Westbrook
Work highlights
- Advised Supermarket Income REIT on its investment into the Dragon and Highbury securitisation structure which was secured against a portfolio of 26 Sainsbury’s supermarkets in 2020 and 2022.
- Acted on the acquisition and redevelopment of the building known as Panorama St Pauls, being the former BT building in the City of London, and the subsequent letting on a full pre-let basis of the building to HSBC Plc for use as HSBC’s new global headquarters.
Clifford Chance LLP
Noted for its ability ‘to provide consistent and seamless real estate coverage’ across all major European countries, Clifford Chance LLP maintains an international real estate investment expertise, advising global investors on their investment and joint venture matters. The firm has seen recent activity in the primary office and logistics sectors. Nigel Howorth oversees the practice, containing the likes of Adrian Levy, and Alis Pay, a specialist in cross-border property portfolio transactions. Ian Painter is experienced in pre-lets and joint ventures. Angela Kearns advises on alternative assets, including film studio, logistics, data centre and life sciences assets.
Practice head(s):
Nigel Howorth
Other key lawyers:
Adrian Levy; Alis Pay; Angela Kearns; Mark Payne; Ian Painter; Melissa Jones; Marianne Toghill; Ben Redding; Matt Taylor
Testimonials
‘Ian and his team are extremely knowledgeable, responsive and friendly.’
‘Clifford Chance are one of the only firms in Europe able to provide consistent and seamless real estate coverage across all of the main countries of Europe.’
‘Ian Painter provides a consistent, exceptional service and makes his clients feel that they’re in safe hands.’
‘Alis Pay is highly recommended for her ability to coordinate large pan-European deals.’
‘Clifford Chance team provided seamless practical advice, across multiple jurisdictions and real estate sub-segments.’
‘Alis Pay and Ben Redding are exceptional. You feel in safe hands.’
‘Alis Pay is absolutely outstanding’
‘Matt Taylor and Ian Painter are forensic in their analysis of legal documents and make sure the legal documentation process is very well organised.’
Key clients
Aldau Development
Angelo Gordon
Apollo Global Management
Art-Invest
AshbyCapital
AXA IM
Battersea Power Station Development Company
BentallGreenOak
Blackstone
Canadian Imperial Bank of Commerce
Canary Wharf Group
Castleforge
CK Asset Holdings
Coin Street Community Builders
Corinthia Hotels
EQT Exeter
GIC
Global Switch
GLP
Hammerson plc
Work highlights
- Advised Mirastar and KKR on their acquisition of Mountpark’s wholly let Warrington Omega II site in one of the UK’s premier logistics locations.
- Acting for Helical on the sale of 25 Charterhouse Square, a Grade A office in Farringdon overlooking the historic Charterhouse Square.
- Advised Liu Chong Hing Investment, a Hong Kong-listed group, on the acquisition of central London retail and office property, Barratt House, 341-349 Oxford Street.
DLA Piper
DLA Piper advises a wide range of clients, including institutional investors, private equity funds and hedge funds. The firm is well-versed in investments into development projects across a range of asset classes, seeing recent activity in the data centre sector. Lorraine Reader spearheads the team alongside her practice focusing on logistics and industrial acquisitions. William Naunton advises domestic and international investment transactions. James Knox assists sovereign wealth funds, developers and family offices. Andrew Yates focuses on residential investments. Omer Maroof advises clients on alternative asset class matters, including student accommodation and care homes. Kate Poole joined the practice in November 2023 from Eversheds Sutherland (International) LLP. In October 2023, Robert O’Hanrahan left the firm.
Practice head(s):
Lorraine Reader
Other key lawyers:
William Naunton; Nicholas Haringman; Jonathan Northey; Andrew Yates; Omer Maroof; James Knox; Chris Robinson
Testimonials
‘Andrew Yates is a recognised sector specialist in BTR.’
‘Large real estate team with the ability to staff large deals across multiple offices and jurisdictions and to co-ordinate their advice seamlessly so that the client only has to liaise with one deal team across all jurisdictions.’
Key clients
Precis Advisory Limited
Regal London
T Rowe Price
Aviva Capital Partners
MEAG
Infranity
DigitalBridge
Work highlights
- Advising a consortium of investors on the formation of an investment partnership with Vantage Data Centers, a leading global provider of hyperscale data centre campuses.
- Advising Aviva Capital Partners on Stone Yard, a significant development and regeneration project alongside Moda Living.
- Advising on the demolition of the existing Belgrove House building at Kings Cross and the development of an iconic new 25,000 square metre structure.
Eversheds Sutherland (International) LLP
Eversheds Sutherland (International) LLP provides a comprehensive service for real estate investment clients, offering wider structuring, financing, planning and litigation support from its broader expertise as needed. The firm is especially strong in supporting clients through their disposals of major investment assets in a range of sectors, including office, logistics, residential and data centres. Lee Jackson, who advises private equity funds and global investors, and Nicholas Bartlett, a specialist in alternative residential assets, head the team. Stewart Womersley is well-versed in cross-border investment transactions; whilst Richard Lampert is an expert in structured finance support. Clare Rudd advises on forward fundings and forward purchases. Michael Buchanan and Kate Poole left the practice in July and November 2023 respectively.
Practice head(s):
Lee Jackson; Nick Bartlett
Other key lawyers:
Tom Goldsmith; Lucy Chadwick; Chris Mullings; Natasha Osment; Stewart Womersley; Clare Rudd; Philippa Widman; Richard Lampert
Testimonials
‘Excellent and relevant market knowledge. They are well resourced.’
‘Nick Bartlett is very knowledgeable, client focused and effective. Extremely good in meetings – calm, articulate and persuasive’
‘Very responsive and collaborative team; feels like an external in-house legal team.’
‘Eversheds are a large, multidiscipline, international firm which offer a wealth of experienced and motivated experts to provide first class advice across the real estate spectrum. The depth of the team ensures the appropriate level of expertise is available when required.’
‘Richard Lampert is very client focused, always available and very commercial in his advice.’
Key clients
Airport Industrial Property Unit Trust
Scottish Widows Property Authorised Contractual Scheme
Host Students
LaSalle Investment Management
Oxford Nanopore Technologies Plc
Network Rail Infrastructure Limited
Berkeley Group
Heathrow Airport
Thames Water
Urbium Capital
Prime Investment Holdings
Department for Transport and HS2 Limited
Aventicum Capital Management
Unite Students
Work highlights
- Advised Network Rail on the sale of its commercial estate, comprising 5,200 properties, for £1.45bn to Blackstone and Telereal Trillium.
- Advising Nuveen managed Central Office Fund on the sale of the JPUT holding a newly developed office building in the City of London fully let to a leading international law firm.
- Advised Unite Students on transactions involving, among other things, the negotiation of a £400m facility provided by LGIM to enable USAF to repay one of its bond issues in its entirety and the restructure of the property holding structures within USAF.
Gibson, Dunn & Crutcher
Gibson, Dunn & Crutcher advises clients on a range of matters, including joint ventures, site acquisitions and disposals, and corporate transactions of property companies and portfolios. The firm is particularly experienced in advising sponsors and borrowers through real estate transactions. Alan Samson leads the practice and is well-versed in supporting clients acquiring real estate loan portfolios. Claibourne Harrison advises on private equity transactions. Jeremy Kenley assists with fund formation and leveraged buyouts, while Robert Carr focuses on financings. Isabel Berger is regularly instructed on minority and majority investments and leveraged buyouts. Sean Tierney transferred to the London office from Los Angeles in August 2023, adding his expertise in the hospitality sector.
Practice head(s):
Alan Samson
Other key lawyers:
Claibourne Harrison; Jeremy Kenley; Isabel Berger; Robert Carr; Patrick Hennessy; Sean Tierney
Testimonials
‘A lovely team to work with. Very commercial, and always willing to help.’
‘The team is excellent, we trust them with our most important documentation and diligence and are never disappointed.’
‘Alan Samson is an industry veteran who has seen all situations and knows the market participants very well.’
‘Claibourne Harrison made partner recently and is excellent to work with, both in terms of product and turn around time, but also his ability to negotiate on our behalf, and to manage all of the relationships in a friendly, open way.’
‘They are extremely good with complex transactions. Able to drive and manage deals with large teams of advisors.’
‘Alan Samson is excellent at drawing attention to the right issues.’
‘Claibourne Harrison is extremely thorough in everything he does.’
‘Highly qualified team with exceptional understanding of complex joint venture financing structures.’
Key clients
Accuride Corporation
Apollo Global Management
Ares Management
Blackstone
Brookfield
Cale Street Partners
Centerbridge
Davidson Kempner Capital Management
Deutsche Bank AG
Fremont Realty Capital, LP
Groupe Sofidy
KKR
Meadow Partners
Nuveen Real Estate
Oaktree Capital Management
Realty Income Corporation
Related Companies
Strategic Value Partners
Tishman Speyer
Trinity Investments
Welltower
Work highlights
Gowling WLG
Gowling WLG supports institutional investors, REITs, developers, and regeneration authorities on asset acquisitions, disposals, management and letting. The firm’s global network enables it to advise on inward investment into the UK from North America, Europe, the Middle East, and Asia. Chris Hunt spearheads the team. Dan Gwilliam is central to the practice, experienced in transactions across traditional and alternative asset classes. Felicity Lindsay is well-versed in forward fundings and portfolio management. Nick Mumby focuses on mixed-use development matters. Khalil Ahmad handles pension funds and private investors on their transactions. In May 2023, Anjali Bancroft and Tom Baines were made partners.
Practice head(s):
Chris Hunt
Other key lawyers:
Felicity Lindsay; Nick Mumby; Kate Cunningham; Dan Gwilliam; Reena Patel
Key clients
Abrdn
AnaCap
Aviva
Clear Sky Capital
Columbia Threadneedle Investments
Ellis Campbell Group
Empiric Student Property plc
Friends Life
HC-One Limited
Intu Properties
Janus Henderson UK Property PAIF
Knight Frank Investment Management
LaSalle Investment Management
Legal & General
London and Strategic land
London & Cambridge Properties
LXi REIT plc
Industrials REIT
NFU Mutual
Portland Capital Real Estate Limited
Work highlights
- Advising Quintain on their placemaking Wembley Park BTR scheme including all development aspects, the recent sale of the student accommodation site to Greystar and the £780m refinancing of the corporate facility.
- Advising NFUM on its Apache BTR Investment Platform, including its refinancing, and the country’s largest BTR funding deal: Great Charles Street in Birmingham, for c.£300m.
- Acting on the sale of the final asset of the Threadneedle Carbon Neutral Real Estate Fund.
Hogan Lovells International LLP
Hogan Lovells International LLP advises clients on direct and indirect investments across asset classes, from leisure facilities and offices to student accommodation and data centres. The firm is well-versed in advising on the full lifecycle of investment transactions and is experienced in forward funding deals. The practice is led by Mathew Ditchburn and Daniel Norris, who is an expert in shopping centre transactions and asset management. Sian Owles advises on the structuring of joint ventures. Oliver Chamberlain is noted for his experience in the real estate elements of distressed debt. Graham Cutts regularly acts in the office, life sciences and logistics space.
Practice head(s):
Mathew Ditchburn; Daniel Norris
Other key lawyers:
Dion Panambalana; Jackie Newstead; Sian Owles; Garaham Cutts
Testimonials
‘Graham Cutts and team are a highly skilled and efficient operation providing top class advice. The team are a go-to advisor on complex transactions.’
‘Full service firm with strength across the board. Partners are all top-notch and stay involved in the deals.’
‘Daniel Norris and Jackie Newstead are very experienced deal-makers and stay involved throughout.’
‘Dion Panambalana is a superb technician and a market-leader on large scale complex leasing matters.’
Key clients
SCPI Pierval Santé
Roku
Immediate Capital Group
Valor Real Estate Partners LLP
Aberdeen Standard
British Land
CapitaLand
CCLA Investment Management
Columbia Threadneedle
Landsec
Coal Pension Funds
M&G Real Estate
Pontegadea
Shaftesbury
Electra
The Crown Estate
U+I Group Plc
Work highlights
- Acting for SCPI Pierval Santé on its investment into the UK in the regulated care home market.
- Advised on a series of disposals of supermarket portfolios through complex holding structures.
- Advised on the introduction of a lender group as a new JV partner in the Cribbs Causeway shopping centre and Manchester Arndale shopping centre.
Jones Day
Jones Day supports clients on investment transactions of sites and property portfolios in a variety of sectors, such as hospitality, residential, logistics and offices. The firm is also advising on forward purchases and financings of development projects. Private equity expert Anna Cartwright and David Smith jointly helm the practice. Alistair Grant is a regular advisor to investment funds. Laura Pembridge is well-versed in cross border transactions, especially for private equity clients. Simon Kiff is adept in matters relating to offices. Matthew Peel is experienced in advising alternative lenders and investment managers. Ryan Hill assists clients in alternative assets, such as student accommodation, build-to-rent and logistics. Katie Brown acts for institutional investors, fund vehicles and private companies.
Practice head(s):
Anna Cartwright; David Smith
Other key lawyers:
John Crowley; Simon Kiff; Laura Pembridge; Ryan Hill; Kirsty Rogerson; Matthew Peel; Katie Brown; Alistair Grant
Key clients
ARA Dunedin Limited
CBRE Investment Management
Cortland Partners
Cushman & Wakefield
DOOR S.L.P.
Elwood Fund Management
Get Living plc
GoldenTree Asset Management
Greystar Real Estate Partners, LLC
LaSalle Investment Management
M7 Real Estate
Macquarie Infrastructure and Real Assets
Mark Capital
OakNorth
Oxenwood Real Estate LLP
Oxford Properties
Work highlights
- Advised DOOR, S.L.P. on the acquisition by Aware Super of Qatari Diar’s 22% stake in Get Living PLC, joining APG and DOOR who each control a 39% stake.
- Advised Greystar’s pan-European residential fund, Greystar Equity Partners Europe I, on the acquisition and financing of a development site at Wembley Park.
- Advised Travelodge Hotels and its shareholder, Goldentree Asset Management LP, on its acquisition and financing of a portfolio of 66 hotels from LXi REIT plc.
Linklaters LLP
Carrying ‘a high quality brand and service in the investment world’, Linklaters LLP advises clients on pure real estate investment transactions as well as investment-related matters, including real estate finance and tax, disputes, structured finance, environment and planning. The firm regularly advises international investors, developers and occupiers. At the head of the practice, Andy Bruce advises on acquisitions, financings and disposals across Europe. Siobhan Burton advises funds, corporates, and insolvency practitioners. Matthew Plaskow is an expert on real estate M&A transactions, whilst Tom Watkins specialises in private equity real estate. Kathryn Griffiths covers matters in the logistics, hotels, retail and student accommodation spaces. In 2023, Martin Elliott retired from practice.
Practice head(s):
Andy Bruce
Other key lawyers:
Siobhan Burton; Matthew Plaskow; Tom Watkins; Kathryn Griffiths
Testimonials
‘Commercial and proactive.’
‘Kathryn Griffiths is very proactive and pragmatic, providing clear and commercial advice.’
‘Tom Watkins will always deliver advice in a tailored and concise manner, which is easy to follow and makes commercial sense.’
‘It is a very knowledgeable team.’
‘Linklaters carry a high quality brand and service in the investment world. They are also able to easily integrate investment expertise into multi faceted projects easily.’
‘Individuals are available, present and able to be creative to achieve an end.’
‘Linklaters can be relied on for high-profile transactions that involve multiple parties and deep complexity. They keep the deals running like clockwork and are always responsive and effective.’
‘Matthew Plaskow is an exceptional strategist and thoroughly understands the nuances of real estate M&A and provides practical solutions to complex problems.’
Key clients
City Developments Limited
DigitalBridge Investments
Gamuda Berhad
GIC & Greystar
Ho Bee Land
Lendlease Europe
Obayashi Corporation
The Co-operative Group
Work highlights
- Advising City Developments Limited on the purchase of the landmark 23-acre St Katharine Docks, located in central London, from funds advised by Blackstone for £395m.
- Advising Gamuda Berhad, a Malaysian property company, on the joint acquisition of Winchester House, London, for £257m.
- Advising Obayashi, a Japanese investor, on the purchase of the freehold interest in 60 Gracechurch Street in the city of London.
Mayer Brown International LLP
The ‘exceptional’ team at Mayer Brown International LLP is adept at handling sizable purchases and sales of UK assets across sectors, be they traditional or alternative assets. The firm regularly advises on office, logistics and retail transactions, particularly when connected to development projects. Its clients include major property companies and private equity funds. Chris Harvey, who supports Asian, US, and European investors looking to enter the UK market, leads the team alongside Andrew Hepner. Jeremy Clay is experienced in structured development and finance matters. Caroline Humble is noted for her expertise on direct and indirect investments into office assets. Iain Roberts frequently assists leading property companies and private equity funds.
Practice head(s):
Chris Harvey; Andrew Hepner
Other key lawyers:
Caroline Humble; Iain Roberts; Simon Price; Alastair Dolman; Richard Page; Jeremy Clay; Sam Harris
Testimonials
‘Chris Harvey and the MB team are exceptional; they are strong from the lead partner all the way down to the juniors.’
‘Chris Harvey is the best real estate lawyer I have seen in the UK. He is super fast, razor sharp and very commercial. He just gets deals done.’
‘Mayer Brown is a well known law firm to overseas investors, including those in Hong Kong.’
‘Chris Harvey is responsive, to the point, and can refer you to helpful resources if a matter is not within his area of expertise.’
Key clients
Bain Capital, LP
Cheyne Capital Management
Chinachem Group
Crosstree Real Estate Partners LLP
Generali
Hang Seng Bank Limited
Helical Plc
LLK
Infinitus
The British Land Company Plc
Tide Construction
Circle Properties
Wirtgen Invest Holding GmbH
Cabot Properties Inc.
Work highlights
- Representing Chinachem Group, a property developer based in Hong Kong, on the £349.5 million acquisition of One New Street Square, London EC4 from Landsec, one of the largest real estate companies in Europe.
- Advised a consortium of fund shareholders of Generali on the sale of a 50% interest in a Dutch company’s ownership of a newly developed office tower in the City (One Fen Court), to a major German insurance institution, for £325 million.
- Advised Bain Capital Credit, L.P. on the establishment of its up to €600 million European programmatic joint venture with Conren Tramway focusing on logistics assets with a particular focus on Spain and Portugal.
Mishcon de Reya LLP
Mishcon de Reya LLP are well versed in both traditional and alternative residential asset transactions. The department is bolstered by the litigation, planning, construction, tax, and finance expertise offered by the wider firm. Practice head Stephen Hughes is a specialist in regeneration projects. Nick Doffman is a key name, as is Simon Hart, a veteran real estate transaction adviser. Edward Hughes-Power is an alternative residential sector expert. Nicholas Kirby focuses on the life sciences sector. Louise Tainton departed from the firm in October 2023.
Practice head(s):
Stephen Hughes
Other key lawyers:
Nick Minkoff; Anju Suneja; Simon Hart; Nick Doffman; Edward Hughes-Power; Nicholas Kirby
Testimonials
‘All individuals at the company provide expert advice and add great value to the transaction process.’
‘Simon Hart provides an excellent service and very commercially insightful advice. ’
‘Anju Suneja is outstanding and exemplifies a can-do attitude. A fantastic lawyer – she works incredibly hard for her clients and always ensures timing agendas are met.’
‘Across the entire team with whom we work, we have experienced intelligent, professional, expansive advice in all disciplines coupled with an availability beyond hours and fee constraint.’
‘The stand out partner for us is Stephen Hughes. Stephen has an incredible ability to calm situations and adversaries in an utterly brilliant professional manner.’
‘Very strong and broad experience base.’
‘Stephen Hughes is an excellent problem solver and whilst a very robust lawyer, his skills of diplomacy are something to be commended.’
‘Mischon de Reya are leaders in the BTR and PBSA markets. Their full-service offering allows them to advise across all aspects of the most complicated funding transactions with a strength and depth that ensures projects are efficiently resourced.’
Key clients
Brookfield
PGIM Real Estate
Derwent London Plc
Endurance Land and Nan Fung Group
Watkin Jones Plc
Fusion Students
The Olayan Group
Taurus Investment Holdings
Jesta Capital
Work highlights
- Advised Fusion Students on their £235 million purpose-built student accommodation deal with US investor, Cain International, in joint venture with Israeli insurance firm Menora Mictachim Group.
- Advised Taurus Investment Holdings Limited, a US based real estate private equity firm on entry into three separate joint ventures.
- Advising Derwent London on its redevelopment of the Network Building on Tottenham Court Road, central London.
Taylor Wessing LLP
Taylor Wessing LLP advises ultra-high net worth individuals and families on their investment transactions, especially in connection with development projects. The firm is also well-versed in financings, including financings under Islamic law. Paul Lawrence, who is a specialist in private wealth real estate investment, oversees the practice. Leona Ahmed is a key name in the firm for Islamic law financing. Mark Rajbenbach is experienced in development-related matters. Matthew Swainston is noted as a ‘very experienced dealmaker’. Georgina Watt, who made partner in May 2023, focuses on investments in the logistics space, whilst Lauren Fendick specialises in the life sciences sector. A regular advisor on forward funded transactions, Chris Turley is another key name.
Practice head(s):
Paul Lawrence
Other key lawyers:
Matthew Swainston; Paul Leamy; Adam Marks; Mark Rajbenbach; Leona Ahmed; Georgina Watt; Lauren Fendick
Testimonials
‘Great people, overwhelmingly dedicated. Prepared to take a pragmatic and commercial view.’
‘Matthew Swainston is superb.’
‘Mark Rajbenbach is without equal in terms of his knowledge and experience. It’s obvious that his approach also permeates through his working team.’
‘Their real estate team is very professional and hard-working, providing commercial advice and good at problem-solving.’
‘Mark Rajbenbach is outstanding in everything that he does.’
‘Matthew Swainston is a very experienced dealmaker and proactively gets transactions concluded.’
‘Lauren Fendick is excellent – she is personable, commercial and leads her team very well. A true trusted business adviser.’
‘Leona Ahmed is very commercial and gives sound advice which is tailored to each client’s needs. A strong negotiator.’
Key clients
Lembaga Tabung Haji
Teesworks
Clivedale
Smithfield Market Traders’ Association
BGO
MARK and C C Land
Invesco
Fortress Credit Corp
Crosstree Real Estate Partners
KKR
Amante
Canda Life
Trammell Crow
Work highlights
- Advised European asset management and logistics solutions business Infinium Logistics on its acquisition of two new assets for its FleetHubs property investment platform.
- Advised the UHNW Cola family on a number of concurrent matters for their £1.5bn portfolio of assets.
- Advising BGO in relation to their entire portfolio of prime logistics assets in the UK.
Baker McKenzie
Baker McKenzie advises clients across the spectrum of investment work, including assisting with sales, leasebacks, and joint ventures. The firm has seen recent activity in the hotel, office, and logistics sectors, advising on portfolio and individual site transactions. Justin Salkeld leads the practice, advising on transactional and development aspects of investments. Ben Farnell supports a range of clients, such as individuals, multinational corporations, and foreign governments. Stefanie Price is a retail specialist within the team. Jack Rubin focuses on real estate finance and construction.
Practice head(s):
Justin Salkeld
Other key lawyers:
Ben Farnell; Stefanie Price; Jack Rubin
Testimonials
‘The team functions as a highly valued adviser with a strong demonstration of client care and commitment.’
‘Stefanie Price is a dependable and skilled adviser. Extremely responsive and client focused.’
‘Jack Rubin is a rising star in the department. Highly intelligent and capable, a very thoughtful and commercial operator who is far more than a safe pair of hands.’
‘Stefanie Price is an independent worker, and I appreciate the fact that she pre-empts problems with practical solutions for the client.’
‘The team has built up a deep working knowledge of our sector and business and functions as a highly valued adviser with strong demonstration of client care and commitment.’
Key clients
Intermediate Capital Group
Shiying Property Holdings Limited
CLdN Cobelfret
Frasers Property
Capri Holdings
HNA International Property Investment Company Three Limited
HIG Realty
Fattal Group
Mapletree Investments
Edwardian Group Limited
Tapestry
Colt
Emerson
Cancer Research UK
Work highlights
- Acting for Edwardian Group Limited on the sale of a 10 hotel portfolio to Starwood Capital.
- Acting for Shimao in connection with the sale of their landmark asset building,”Sancroft” to Greycoat and Mitsui JV.
- Acting for Frasers Logistics & Commercial Trust Ellesmere Trust on the GBP 101m forward-funding of the development of a Peugeot logistics centre in Ellesmere Port, near Liverpool and subsequent lease.
Dentons
Dentons regularly advises clients on investment matters connected to large development projects, including site acquisitions, refinancings and disposals. The firm is experienced in traditional and alternative assets classes, such as logistics, hotels, build-to-rent and self-storage. Rob Thompson, with expertise in both corporate real estate and real estate finance transactions, leads the practice. Simon Masri is a veteran in the hotels and hospitality sector, whilst Alex Coulter adds logistics expertise. Laura Gowing is another key name in the practice who frequently advises international clients on their property investments into the UK.
Practice head(s):
Rob Thompson
Other key lawyers:
Alex Coulter; Laura Gowing; Simon Masri
Key clients
RTP Global
Harrison Street
Realstar
Heitman
Royal Mail
John Lewis Partnership
Taylor Wimpey
Frasers Group Plc
Transport for London
Redevco
P3 Logistics
GIC
Work highlights
- Advised P3 Logistic Parks on its acquisition of two logistics assets from SEGRO, representing its first entry into the UK market.
- Advised Arora Group on its acquisition of the former Heythorp College, a 2.7-acre site situated on Kensington Square.
- Advised leading investment manager Harrison Street on its development joint venture with NFU Mutual and Apache Capital, for the acquisition and funding of Moda Living’s £302m Great Charles Street build-to-rent development in Birmingham.
Goodwin
Goodwin advises along the life-cycle of investment transactions, supporting clients on all issues connected to a project, such as finance, funds, tax and regulatory matters. The team regularly supports clients in the office, telecoms and logistics spaces, including the last-mile logistics space. James Spence, who is well-versed in transactions across Europe, and Martin Smith, who advises on asset and corporate SPV transactions, lead the team. David Evans is a fund structuring specialist, whilst Simon Woodcock adds to the firm’s international investment expertise. Justin Cornelius acts on all aspects of unlisted closed- and open-ended real estate funds.
Practice head(s):
James Spence; Martin Smith
Other key lawyers:
David Evans; Simon Woodcock; Eric Lim; Justin Cornelius
Testimonials
‘Goodwin is a very reliable and constant partner. They provide high-quality legal advice on real estate transactions and related legal corporate structuring.’
‘James Spence is a true business partner. He will make sure the people with the right expertise get involved.’
‘The Goodwin real estate team is our go-to advisor for complex real estate matters and, notably, hospitality investments. We highly appreciate their ability to drive complex negotiations, their responsiveness and the fact that we always feel partner involvement.’
‘They have strong commercial transaction knowledge, and they have bolted on the relevant members to assist with more specialist areas.’
Key clients
Kadans Science Partner
Clarion Partners Europe
Frogmore
Fidera Vecta
Workspace Group
BentallGreenOak
Kennedy Wilson
Crossroads Real Estate
London Square
Medical Properties Trust
Work highlights
- Advised on the sale of LSQ Management Limited and London Square Developments to Aldar Development (LSQ) Limited.
- Advised Kennedy Wilson Europe Real Estate Limited on the sale of The Shelbourne Hotel in Dublin and its operations.
- Advised AXA Real Estate Investment Management, alongside its joint venture partner Oxygen Studios, on the exchange of contracts with the British Broadcasting Corporation for the purchase of the BBC’s Elstree Studios site in London.
K&L Gates LLP
With strength in residential investment matters, including BTR and SFR transactions, K&L Gates LLP advises clients on all aspects of real estate matters, including tax, funds, finance, regulatory and investment management matters. The firm is also well-versed in logistics and light industrial investment matters. Christian Major is the practice head. Wayne Smith advises on real estate portfolio transactions and management. Christopher Swallow has expertise in alternative asset sectors, including data centres and student accommodation. Joanna Williams regularly assists on office letting and disposal transactions.
Practice head(s):
Christian Major
Other key lawyers:
Steven Cox; Joanna Williams; Chiara Del Frate; Tim Webb; Wayne Smith; Christopher Swallow; Emma Maher; Richard Dollimore
Testimonials
‘The K&L Gates real estate team are skilled, reactive and offer exceptional legal expertise.’
‘Chiara Del Frate is a trusted business partner with exceptional legal expertise and great leadership skills. She is a true force of nature in getting a matter completed, irrespective of how many legal issues may arise along the way!’
‘The K&L Gates team are very commercial and market focused – we have recognised their ability to progress a deal, particularly in the current challenging climate, to ensure the transaction is delivered for their client in an efficient and effective manner.’
‘Christian Major is excellent, commercially very astute and solution driven. He would be our go-to person.’
Key clients
Abrdn Plc
Coty Inc.
Cromwell Property Group
Edinburgh St James Limited Partnership
European Estates Plc
The Guinness Partnership
Hakkasan
LRC Group
Nuveen Real Estate
Packaged Living
Patrizia AG
Slalom Consulting Inc.
Unity Software, Inc.
Watkin Jones
Workspace Group Plc
Zephyr X Developments
Work highlights
- Advising Edinburgh St James Limited Partnership on the real estate construction aspects of the St James Quarter Development, one of the biggest construction developments in the UK.
- Advising Guinness Homes on the c.£110m sale to an institutional investor of a London-sited, 28-storey ‘Build To Rent’ and commercial investment in the course of development.
- Advising Workspace, a major provider of flexible and innovative business space on a significant regeneration scheme in Haringey.
Macfarlanes LLP
Macfarlanes LLP advises major corporates and private individuals alike, ‘displaying considerable knowledge and commerciality’ throughout each matter. The firm specialises in corporate and private equity real estate matters. It has also seen recent activity in the purpose-built student accommodation space. Clare Breeze is the head of the practice, with experience on financing matters. Dan Marriott regularly advises the full range of investment clients, including borrowers and lenders. Nick Barnes specialises in life sciences assets. Dominic Cunliffe and Tom Pedder retired in April 2023. Steven Pitchford left the firm in August 2023. Tania Barnes made partner in May 2023.
Practice head(s):
Clare Breeze
Other key lawyers:
Anthony Burnett-Scott; Dan Marriott; Nick Barnes; Tania Barnes
Testimonials
‘They instil confidence in their clients by displaying considerable knowledge and commerciality in equal measure. They are approachable and friendly and a pleasure to work with.’
‘Nick Barnes is always reliable and helpful. He delivers pragmatic advice in a confident, clear and comprehensive way.’
‘The team are excellent at real estate transactions. The collaboration between the team, but also when working with the other side counsel, is very helpful.’
‘Nick Barnes stands out in his professionalism and knowledge within the sector. They have been instrumental in helping us close transactions.’
Key clients
Berkeley Homes
Canary Wharf Group
Derwent London
Hillwood Investment Properties
Industrial Property Investment Fund
Legal & General
Realstar Group
Stanhope plc
Supermarket Income REIT Plc
Westmont Hospitality Group
Work highlights
- Advised UK developer Stanhope and its Canadian funding partner Cadillac Fairview on their joint venture and acquisition of a 110,000 sq ft trio of properties within Cambridge Science Park.
- Advised Legal & General Investment Management on the acquisition of two purpose built-student accommodation assets from Global Student Accommodation, marking the launch of the L&G Student Living Platform.
- Advised Hillwood Investment Properties on a forward funding agreement with Crown Packaging in connection with the development and sale of a 632,000 sq ft beverage can manufacturing facility in Peterborough.
Maples Teesdale LLP
A boutique real estate practice, Maples Teesdale LLP is well-accustomed to asset classes across the property sphere, including offices, residential, retail, and mixed-use. The firm is particularly skilled in supporting international clients in their UK endeavours. At the helm, Declan Power is well-versed in forward funding, forward purchases and joint ventures. Roger Thornton regularly advises on sales and disposals of single assets and portfolios. Neil Sagoo is an expert in transactions of office assets. In October 2023, Chris Wilkinson retired from the practice.
Practice head(s):
Declan Power
Other key lawyers:
Neil Sagoo; Katherine Watts; Sam Nichols; Charles Elgood; Adam Bernstein; Ed Bird; Mark Harryman; Charles Elgood; Roger Thornton
Testimonials
‘The team is very knowledgeable across the many disciplines required in order to progress complex real estate transactions, from acquisitions and disposals to planning and funding support. They provide a well co-ordinated service and are always willing to think laterally in order to overcome obstacles which crop up along the way.’
‘I’m always impressed with their knowledge, speed at undertaking the work, level of legal guidance and their approachability.’
‘Great firm, easy to work with.’
‘Neil Sagoo and Ed Bird are terrific and responsive.’
Key clients
abrdn
Bywater Properties
CBRE Investment Management
City of London Corporation
CLS Holdings plc
Columbia Threadneedle Investments
DTZ Investors
Firethorn Trust
Henry Boot plc
Lands Improvement Holdings
Legal & General
Patrizia AG
Pictet Alternative Advisors
Stanhope plc
Workspace plc
Yoo Capital
Work highlights
- Acting for Stanhope plc and Ontario Teachers Pension Plan on 70 Gracechurch Street, a prime 125,000 sq. ft office building with 90,000 sq ft retail space in the City of London.
- Advise the joint venture between JR Capital and Chancerygate on their £150m fund with a five-year life targeting urban logistics, industrial and warehousing investments across the UK.
- Acted on the sale of Columbia Threadneedle Investment’s CT Property Trust to London-listed real estate investment trust LondonMetric for £200m.
Norton Rose Fulbright
Norton Rose Fulbright is well-versed in portfolio and site acquisition support, particularly in connection with wider development project advice. The firm is particularly specialised in renewable energy asset transactions, with strength in the residential sector also. Practice head David Hawkins is an advisor to international investors on their mixed-use investments. Dan Wagerfield specialises in inward investment from Asia. Wasim Khan is an expert in Islamic finance. Charlie Pinkerton advises on healthcare and residential asset transactions. Helen Finnis and Juliette Kelly are key names.
Practice head(s):
David Hawkins
Other key lawyers:
Charlie Pinkerton; Wasim Khan; Dan Wagerfield; Juliette Kelly; Helen Finnis
Testimonials
‘Excellent attention to detail and commerciality. Very good partner-led practice.’
‘The team is personable and adaptable. They work with us to offer bespoke solutions rather than off the peg products.’
‘Charlie Pinkerton is very personable and calm in the face of challenges thrown up in the deal process.’
‘Good knowledge and commercial understanding’
‘David Hawkins leads the team and has extensive experience of what is required.’
‘Practical and efficient service.’
‘Wasim Khan knows his stuff and is good for tricky issues.’
‘Juliette Kelly is very responsive to queries and adopts a commercial and pragmatic approach.’
Key clients
Dorrington Plc
European Impact Property Fund
St Modwen Strategic Land Limited
AIP Asset Management
Perennial Holdings
Terrae Novo Limited
RAW Charging
Commerz Real
WELPUT
Olympia London
Caleus Capital Investors
Ashby Capital
Employees Provident Fund
57 Whitehall S.à.r.l.
DP World London Gateway
Europa Capital
Civitas Investment Management
RWE AG
British Racing Drivers Club
NoIvanhoé Cambridge
Work highlights
- Advised Savills on the acquisition of a £300m student portfolio across multiple jurisdictions in one of the largest UK PBSA deals of 2023.
- Advised on the £1.5bn investment and redevelopment of Olympia London into a major cultural and entertainment destination.
- Advised leading impact investor Civitas Investment Management on its £200m+ investment to acquire specialist care properties from CareTech.
Paul Hastings LLP
With experienced practitioners in a range of jurisdictions, Paul Hastings LLP supports clients based and operating across Europe. Michael James is the head of the practice and is experienced in structured acquisitions and disposals across Europe. Stephen Nicolas is well-versed in residential and hotels asset classes. Edward Meadowcroft and Matthew Peters are also of note within the team, experienced in acquisitions and disposals, corporate restructurings, joint ventures and corporate real estate.
Practice head(s):
Michael James
Other key lawyers:
Stephen Nicolas; Edward Meadowcroft; Matthew Peters
Key clients
Starwood Capital
Goldman Sachs
TPG
Grand City Properties
Evans Randall Investors
PineBridge Benson Elliot
Walton Street
Cerberus
Angelo Gordon
Aroundtown
DPK Real Estate
Work highlights
- Advising Starwood Capital on the acquisition of ten hotels in prime locations in central London.
- Advising Bank of Montreal, Desjardins, and the National Bank of Canada in connection with the provision of a $615 million bridge financing to Alpha Auto Group Holdings for its recommended offer for Lookers plc.
- Advising TOG/Fora in relation to the negotiation and entry into work space development and management contracts at multiple sites, including 60 London Wall and the Blue Fin Building with LaSalle and Oxford Properties respectively.
Pinsent Masons LLP
Pinsent Masons LLP advises on investment transactions across a range of asset classes, including logistics, hotels, alternative and offices. The group additionally handles alternative assets such as student accommodation, build-to-rent and later living. Claire Hughes heads the practice and is an expert on hotels matters. Anthony Newton is key to the firm’s alternatives expertise, focusing on student accommodation. The ‘excellent’ Mike Reid is well-versed in investment joint ventures, as well as letting and pre-letting work. Richard Lloyd regularly assists clients on investments involving development components.
Practice head(s):
Claire Hughes
Other key lawyers:
Anthony Newton; Mike Reid; Richard Lloyd; Sarah Williams; Adam Carney; Janet Matthews
Testimonials
‘Pinsents are obviously taking AI very seriously and have been great at communicating AI options to us for consideration.’
‘Mike Reid is an excellent partner. He has strong technical expertise and experience of the market. He is also pleasant to work with and strives to understand the commercial drivers for his clients.’
‘They have a very good work ethic and a good level of detail.’
Key clients
CBRE Investment Managers
Royal London
Legal & General
Land Securities Properties Limited
AXA Investment Managers Real Assets
Oxford Properties
Hines
The Portman Estate
Pension Insurance Corporation
Abstract Securities Limited
Grainger PLC
Archer Hotel Capital
Resonance Impact Investment
Cycas Hospitality B.V
Brightbay Real Estate Partners
Court Collaboration
Citra Living Limited
Romulus
Swiss Life Asset Managers
Work highlights
Reed Smith LLP
Reed Smith LLP assists clients with high value single asset and portfolio transactions sectors. The firm handles retail, hospitality, office and industrial assets. It is also well-versed in real estate financing matters. Jimmy Theodorou is the firm’s head of practice, advising institutional investors, high-net-worth individuals and family offices. Andrew Jenkinson and Nav Sahota are both well-versed in the hospitality industry. Nick Harris is also noted for his mixed-use development experience.
Practice head(s):
Jimmy Theodorou
Other key lawyers:
Andrew Jenkinson; Brigid North; Nav Sahota; Nick Harris
Testimonials
‘Responsive and commercially astute. Quick to deal with matters when time is an issue.’
‘Jimmy Theodorou and Nav Sahota are great to work with and provide a first class service. They don’t lose sight of what the objective is and will provide robust, commercial thinking to issues that may arise.’
‘A well known and well respected commercial property team with significant strength in depth.’
Work highlights
Ropes & Gray LLP
Well-versed in big ticket investment transactions, Ropes & Gray LLP specialises in supporting clients in their real estate joint ventures, especially through the creation of investment platforms. The firm is also experienced in distressed assets and handles a range of alternative asset classes, including data centres, PBSA, logistics, and light industrial sites. David Seymour, a joint venture veteran, and Will Bryant, an expert in the logistics and light industrial spaces, lead the team. Harriet Moseley is well-versed on PBSA, co-living and data centre projects. Joseph Patchitt specialises in private equity real estate.
Practice head(s):
David Seymour; Will Bryant
Other key lawyers:
Harriet Moseley; Joseph Patchitt
Testimonials
‘David Seymour and his team are very commercial.’
‘Very strong, commercial and reliable, and they provide good advice.’
‘Very strong understanding of the clients’ commercial drivers. Able to give practical advice based on the end goal.’
‘David Seymour leads the team and is highly personable to deal with on the other side of transactions. They focus on the key issues and try to be as collaborative as possible to meet their client’s needs.’
‘David Seymour and Will Bryant are very strong.’
‘David Seymour is commercial and detailed.’
‘Joseph Patchitt is the highest quality associate I have worked with.’
Key clients
APG
Arax Properties
Arrow Capital
Bain Capital
Brookfield
Cathexis
Yondr
CPPIB
Partners Group
King Street
QuadReal
Sixth Street
TPG
Work highlights
- Advised Partners Group on its programmatic joint venture with DeA Capital and Camplus International to build a European purpose-built student accommodation platform and on the joint venture’s first acquisition of a seed portfolio.
- Advised Brookfield on its real estate solutions joint venture with Copley Point Capital, a specialist manager and operator of U.K. industrial real estate, on the joint venture aspects of its acquisition of three warehouses at Heathrow Airport.
- Advising Partners Group on its programmatic joint venture with Host Student Housing to build up a £1 billion UK purpose-built student accommodation and co-living platform.
Simmons & Simmons
Simmons & Simmons specialises in real estate funds work, advising clients on corporate wrapper deals and joint ventures. The firm’s asset class experience is broad, with experience in office, warehouse, logistics, life science, residential, and mixed-use related matters. John Kelsey leads the practice, and is knowledgeable in structured acquisitions and disposals of investment properties. Ali Crosthwaite contributes to the team’s strength in central London investment work. Matthew Hooton and Jonathon Wilkes focus on corporate wrapper deals. In February 2024, Barry Gross and Oliver s’Jacob joined from Bryan Cave Leighton Paisner and Morrison Foerster respectively.
Practice head(s):
John Kelsey
Other key lawyers:
Simon Gardiner; Ali Crosthwaite; Matthew Hooton; Alice Bell; Jonathon Wilkes; Ashley Davidson; Caroline Turner-Inskip; James Curry; Barry Gross; Oliver s’Jacob
Key clients
Breakthrough Properties
Old Park Lane Management Limited
Deka Immobilien
Next Energy
Legal & General
Firethorn
Realty Income
Patrizia
Blackrock
Valor Real Estate
Work highlights
Trowers & Hamlins LLP
Trowers & Hamlins LLP supports private and public sector clients on a range of investment transactions, with experience in mixed use projects as well as residential assets. The firm is particularly experienced in build-to-rent and senior living projects. Kyle Holling leads the team in London. Key team member Julien Allen is well-versed in portfolio financing. Tom Calnan specialises in private equity-related matters. Dwynwen Lewis focuses on the industrial and logistics sector. Katie Todd left the practice in February 2024.
Practice head(s):
Suzanne Benson; Kyle Holling
Other key lawyers:
Patrick Morris; Lizzie Pillinger; Tom Calnan; Julien Allen; Dwynwen Lewis
Testimonials
‘The property team at Trowers & Hamlins are all very capable lawyers and are well led.’
‘Patrick Morris’ speed of work and response is second to none, and he has a fantastic brain set to find practical solutions to every problem that arises.’
‘Trowers are a highly professional and friendly team who provide a responsive and focused service when dealing with complex matters. They take a pragmatic approach and always provide reliable advice and guidance.’
‘Dwynwen Lewis and her team offer excellent support and are extremely knowledge in their field.’
Key clients
Ellison Oxford Limited
Countryside Partnerships
Urban Logistics REIT
Oryx Real Estate Partners
Apache Capital Partners
Senior Living Investment Partners
Graven Hill Village Development Company
Vengrove
Federated Hermes Property Unit Trust
Europa Capital
Outcomes First Group
Square Roots Registered Provider Limited
Stoll
Work highlights
- Advising in relation to Ellison Oxford Limited’s huge and highly significant development project at Oxford Science Park.
- Acted for Countryside Partnerships on the acquisition and construction of a site at Northwick Park Hospital as part of a joint venture with Sovereign Network Group which will deliver circa 654 homes of which 245 will be affordable tenures.
Wedlake Bell LLP
Containing a ‘multi-faceted team of experts’, Wedlake Bell LLP employs specialist practitioners in the commercial, planning, construction and tax sectors to enhance its investment matters. The firm is knowledgeable on transactions within the residential, logistics, office and life sciences. Advising on transactions in the entertainment, hospitality and retail sector, David de Maupeou leads the team. Claire Nelson is adept at supporting clients with their property portfolio managements. Suzanne Gill is an expert on office, retail and telecoms assets.
Practice head(s):
David de Maupeou
Other key lawyers:
Suzanne Gill; Sarah Blunn; Justin Lewis Vivas; Ben Dunbar; Claire Nelson
Testimonials
‘A strong, multi-faceted team of experts.’
‘Helpful, courteous, flexible.’
‘They have good market and sector knowledge, and work well with other lawyers. Good breadth of team so that ancillary areas of law can be called upon as necessary.’
‘Claire Nelson is very responsive and commercial.’
Key clients
CFC Underwriting
Fenton Whelan
GSE Property Group
Zeno Capital
London Metric
Global Holdings Group
Urban Logistics REIT Plc
LondonMetric Property PLC
Fuller, Smith & Turner
Care UK
Oxenwood Real Estate
Work highlights
- Advised Global Holdings Group on the leasehold purchase of landmark Mayfair office 1 Hanover Square from publishing giant Condé Nast.
- Advised GSE Property Group on the sale of their Ashford International Truckstop development to BP and leaseback to Ashford International Truck Stop Limited.
- Advised Zeno Capital as owner in the negotiation of a long-term reversionary lease deal with their existing tenant, Standard Chartered Bank, on its global HQ at 1 Basinghall Avenue.
Boodle Hatfield LLP
Boodle Hatfield LLP is experienced in matters concerning a wide range of property types, from agricultural holdings to hotels to shopping centres. Its expertise includes construction, finance and litigation assistance. Andrew Wilmot-Smith, who regularly advises family offices, landed estates and private capital entities, leads the team. Graham Winkley is an expert in landlord and tenant legislation affecting residential and mixed-use blocks. Rajeev Joshi focuses on the hotels sector, whilst David Rawlence specialises in the office sector.
Practice head(s):
Andrew Wilmot-Smith
Other key lawyers:
Rajeev Joshi; David Rawlence; Sophie Henwood; Graham Winkley
Testimonials
‘David Rawlence is very knowledgeable about flexible offices and has a very commercial approach.’
Work highlights
Burges Salmon LLP
Burges Salmon LLP provides support to a range of investors, with strength in assisting private pension funds in their transactions and portfolio management. The firm is also strong in the industrial and logistics space. Robert Forman, who is experienced in hotel investments, and Matthew Sims, an office expert, lead the team. Richard Read is a key name within the team.
Practice head(s):
Robert Forman; Matthew Sims
Other key lawyers:
Richard Read; Philip Beer; Jessica Chesterfield; Ross Polkinghorne
Testimonials
‘The team covers a breadth of expertise and skills. They are very commercially focused and provide excellent advice.’
‘Richard Read is simply outstanding – very responsive, very commercially focused and provides well-thought-out advice.’
Key clients
Tritax Big Box REIT
Pandox
London & Regional
Zetland Capital
St Modwen
LGPS Central
DTZ Investors
Darwin Alternative Investment Management
Knight Frank Investment Management
Border to Coast Pension Partnerships Limited
The Worshipful Company of Leathersellers
West Ranga Property Group Limited
Hodgetts Industrial
Numa Stays
New Amsterdam
Work highlights
- Advising Tritax Big Box REIT Plc, the largest listed investor in high-quality logistics warehouse assets in the UK, on its £5 billion property portfolio.
- Advising the LGPS Central UK Direct Property Fund, a local government pension scheme fund which is targeting acquisitions of c.£500 million of directly held property investments across a range of real estate asset classes over the next three years.
- Advising London & Regional on the £75 million disposal of Jamestown Wharf, Camden, London.
Charles Russell Speechlys LLP
With multiple offices across the UK and globally, Charles Russell Speechlys LLP handles investment matters for national and international clients. The firm is well versed in a wide array of asset classes, especially leisure, logistics, offices, landed estates and hotels. Lee Medlock heads the team and is highly experienced in leisure sector investment work for private equity-owned businesses. Louise Ward adds insight into ESG aspects of real estate matters. Cara Imbrailo covers retail, offices, medical and residential assets.
Practice head(s):
Lee Medlock
Other key lawyers:
Mark White; Sarah Keens; Alexander Gold; Louise Ward; Eddie Richards; Cara Imbrailo; Lynsey Inglis; Usman Khan
Testimonials
‘Strong and wide skills sets. The team speak to each other regularly and are aware of what each arm of our business is doing. They provide recommendations and advice rather than scenarios for us to pick what to do’
‘Individuals come back to us quickly with advice and recommendations. They adopt a commercial approach rather than getting bogged down in too much technical legalese.’
‘The team is easy to deal with, they get things done. This team is the go to when doing smaller real estate transactions with a tight deadline.’
‘Mark White, is always available and goes the extra mile for his clients.’
Key clients
David Lloyd Leisure Limited
TDR Capital
Asda Stores Limited
Lovett Care Limited
EQT Exeter
The Church Commissioners for England
The Pollen Estate
Stonegate Pub Company Limited
BioMed Realty L.P.
Warrant Investments PLC
Howard de Walden
Work highlights
- Advised Asda on all real estate aspects of their purchase of Co-Operative Group’s petrol station business with a deal value of c. £600m.
- Providing real estate and corporate advice to Stonegate in respect of group restructuring in respect of a £600m+ financing.
- Acted for City of London Corporation on a major new development at Norton Folgate, Shoreditch, including working on all aspects of three separate development agreements, which were entered into pursuant to an option agreement with the developer.
Clyde & Co
Clyde & Co regularly advises its clients on investment-related leasings and transactions, and is particularly adept in refinancings. Will Deeprose oversees the practice, and focuses on residential-led mixed-use projects. Anabelle Redman specialises in inward investment matters. Graeme Taylor acts for clients in connection with development projects, whilst John Pearce assists with regeneration schemes.
Practice head(s):
Will Deeprose; Annabelle Redman
Other key lawyers:
John Pearce; Graeme Taylor; Kathryn Salsbury; Laura Oliver; Paul Cole
Testimonials
‘We have been impressed with their responsiveness, diligence on details and documents and general approach to transactions and counter-parties.’
‘Clyde’s real estate and investment team have exceptional knowledge in the field. They provide an exceptional service in regard to responding to requests, the time it takes them to respond to draft documents, and the commercial and practical advice they give.’
Key clients
Marcol
CGIS
Regal London
Metropolitan Properties
Wyngrove Limited
Premcor Estates
Costain PLC
Fidelis
Native Land
Premcor
The Adil Group
Augur
Grainger
Vantage
Ares Management Limited
Work highlights
- Advising Native Land Limited on all real estate aspects of their 230,000 sq ft office building, Arbour, at their £2.5bn development, Bankside Yards.
- Advising Marcol/CGIS on the real estate and security aspects of their £67m portfolio refinance of eight multi-let investment properties across the country.
- Advised Regal London on all real estate aspects of the refinance of Senna Building, Shoreditch Exchange, a high value 143,000 square foot building in London, with a value of £100m.
Davitt Jones Bould
The rapidly growing team at Davitt Jones Bould advises public and private clients on the full spectrum of real estate investment matters. Peter Allinson, Madeleine Davitt and John Condliffe lead the team. Davitt is experienced in supporting public bodies, whilst Condliffe is particularly active for major retailers. Teresa Kamppari Baker adds to the firm’s retail expertise alongside her hotel experience. Katy Bearn joined the practice in September 2023 from Gowling WLG.
Practice head(s):
Peter Allinson; Madeleine Davitt; John Condliffe
Other key lawyers:
Teresa Kamppari Baker; Sean Bulman; Philippa Hipwell; Melanie Greer-Walker; Mary Anderson; Katy Bearn
Testimonials
‘Efficient, responsive, practical.’
‘DJB has a unique approach, offering specialist real estate focussed support on a flexible basis.’
‘Depth in specialisms within real estate, and an ability to draw upon specialist resources, even when it may only be a small part of an overall transaction.’
‘We have been using Davitt Jones Bould for some of our external cases; they provide a fast and efficient service.’
Key clients
Primary Health Properties
Merchant Land Investments
Plato Estates
Sandyford Properties
Surrey County Council
Grainger Plc
Woking Borough Council
The Royal Parks
Guys and St Thomas Hospital
Rick Stein’s
UK Health Security Agency
Smiggle
Department for Health and Social Care
National Highways
Fujifilm
Habitat for Humanity
Medical Research Foundation
Florence Nightingale Museum Trust
Natural England
Environment Agency
Brighton and Hove City Council
Work highlights
- Advising FTSE 250 company Primary Health Properties on the management of their portfolio.
- Advising Merchant Land, who own a portfolio of offices and flats in prime London locations including 30 Grays Inn Road, 63/65 Charlotte Street and more.
- Advising FTSE 250 property investment company Grainger Plc on matters relating to their portfolio.
DWF
DWF advises REITs, fund managers, investors, and developers on a broad range of matters, including leasings and financings. The team is led by Damian Fleming, who is well-versed in portfolio-related matters. James Froud is experienced in residential matters. Mark Shepherd assists with direct and indirect investment transactions. Carla Revelo is adept at handling acquisitions, disposals and financings. Neal Bhattacharyya is knowledgeable on asset management issues.
Practice head(s):
Damian Fleming
Other key lawyers:
Mark Shepherd; Carla Revelo; Neal Bhattacharyya; James Froud
Testimonials
‘James Froud is the best lawyer I have worked with in UK. He provides all possible legal skills sought by an institutional investor.’
‘Very efficient team, knows how to defend our interests and provides very good advice.’
‘James Froud is always great to work with. Knows how to negotiate for clients.’
Key clients
LXi REIT plc
Alti Tiedemann Global
Corum XL
Dover Harbour Board
The Freehold Acquisition Corporation Ltd
Fiera Capital
Tesco
Work highlights
- Advised long-standing client LXi REIT on the £210 million corporate and asset sale of a portfolio of 66 Travelodge hotels.
- Advising Dover Harbour Board across the whole of its real estate portfolio following a tender process.
- Advised long-standing client Corum XL on substantial acquisitions totalling c. £37 million, as well as asset management across its portfolio in England and Wales.
Farrer & Co
Farrer & Co focuses on a mid-market investment work for a range of clients, including charities. The practice is headed by Kate Corke, a finance specialist. Mark Gauguier is a key name, with experience on film studio development projects. Sarah Aggarwal specialises in advising charities and high net worth individuals. Barbara Beasley is experienced in forward funding and purchases.In September 2023, Clare Reddy joined the firm from Lewis Silkin LLP.
Practice head(s):
Kate Corke
Other key lawyers:
Mark Gauguier; Henry Stevens; Hayley Wilson; Barbara Beasley; Sarah Aggarwal; Meghan Hatfield; Fred Lee; Clare Reddy
Testimonials
‘Efficient, proactive, approachable and enthusiastic with a keen desire and focus to get the job done.’
‘Hayley Wilson draws on a wide depth of knowledge and experience.’
Key clients
Charities Property Fund
Duchy of Cornwall
Highbridge Properties plc
Shinfield Studios Limited
UKVB LuxCo 1 S.à r.l
The Ironmongers Company
Burghley Estate
The British Library
Property Trust Group
Victoria and Albert Museum
London Bioscience Innovation Centre
Commonwealth Real Estate LP
Shadowbox Studios
Englefield Estate Trust Corporation
Gascoyne Cecil Estates
Graven Hill Purchaser Ltd
Welbeck Estates
Work highlights
- Advising Charities Property fund on numerous investment transactions.
- Advising Shinfield Studios Limited on all aspects of a transaction with The University of Reading for the construction of a major film studios complex in Shinfield, Berkshire.
- Advising Luxembourg real estate investment fund UKVB LuxCo 1 S.à r.l on a number of transactions as they look to build their portfolio to a target net asset value of £400m.
Fladgate LLP
Fladgate LLP advises clients on joint ventures, lettings, transactions and receiverships. Where necessary, the firm can also draw on construction and planning specialists. Stephen Lewis heads the team, a retail and leisure expert. Kirsty Corkum is experienced in pre-lettings, and Gideon Dabby-Joory is well-versed on finance and asset management matters. Simon Kanter is experienced in project negotiations.
Practice head(s):
Stephen Lewis
Other key lawyers:
Kirsty Corkum; James Fry; Gideon Dabby-Joory; Matthew Williams; Simon Kanter
Testimonials
‘Simon Kanter is an outstanding solicitor; his attention to detail and his superb legal abilities are of great value to clients, especially in large transactions.’
‘Medium sized firm which offers the best of both worlds.’
‘Simon Kanter understands what is required, especially commercially, to delivery the objectives required.’
‘Knowledgeable, committed, able, commercial.’
Key clients
YOO Capital
Tene Living
Capreon
Noe Group
LPA Receivers
Urbana Partners
Cohort Capital Holdings Limited
Bravo Watford
Polimeks
Work highlights
- Advising YOO Capital regarding its proposed acquisition of approximately 30 acres of land in Kentish Town, Camden to be developed into a ‘mini hollywood’.
- Advised Tene Living on a joint venture with Goldman Sachs for the acquisition of the Alto Building and Emerald Gardens development in Wembley Park, HA9 from Lonestar.
- Advised Capreon/Noe Group, a high-profile private real estate investment firm, regarding the disposal of Parkgate Retail Park, Rotherham to Columbia Threadneedle Investments for in excess of £80 million.
Forsters LLP
Forsters LLP is experienced in advising overseas investors on their entry into the UK market, acting on matters relating to logistics, senior living and purpose-built student accommodation assets. Magnus Hassett and Victoria Towers, both experts on industrial and logistics matters, spearhead the practice. Andrew Denye is very adept at advising clients on retail assets. Katherine Ekers supports clients with office transactions.
Practice head(s):
Magnus Hassett; Victoria Towers
Other key lawyers:
Andrew Denye; Katherine Ekers
Testimonials
‘Forsters are highly experienced at property development funding and investment sale transactions. With their multidisciplinary practice, they are able to resource and advise on complex transactions.’
‘Forsters are prepared to provide genuine advice to clients. Ultimately, their commercial style takes some pressure off the client in terms of time and detail. ’
‘High quality team with very strong market knowledge and focus on delivery. The quality and availability of senior teams is exceptional.’
‘Katherine Ekers is highly experienced at funding and investment sale transactions.’
Key clients
abrdn
Consolidated Developments
Fiera Real Estate
LaSalle Investment Management
Lazari
Octopus Real Estate
Patrizia
Q Investment Partners
Savills Investment Management
Wrenbridge
Work highlights
- Advising Knight Dragon, a leading property investor, in relation to the £8.4 billion scheme to redevelop Greenwich Peninsula.
- Advising the buyer, Melford Capital, an entrepreneurial investor in UK real estate, in connection with its purchase of 5-9 Great Newport Street, situated between Leicester Square and Covent Garden.
- Assisting Shakra Investments with the acquisition of the 1 Sovereign Square office building in Leeds.
Fried, Frank, Harris, Shriver & Jacobson LLP
Fried, Frank, Harris, Shriver & Jacobson LLP regularly advises clients on investment transactions originating from within the UK and abroad, especially from North America. The firm is well-versed in joint venture support, including advising on joint venture formation and restructuring. The practice is led by Fiona Kelly from London. Patrick Williams is frequently approached by institutional and private equity investors, as well as fund managers, on their investment matters. Former practice co-chair Darren Rogers and Devina Rana have left the firm to join McDermott Will & Emery UK LLP.
Practice head(s):
Fiona Kelly
Other key lawyers:
Patrick Williams; Freya Dear
Testimonials
‘Strong technical capability combined with deep understanding of our business.’
‘Committed to delivering advice steering towards the solutions needed as efficiently as possible.’
‘Their strong commercial expertise complements their first-rate legal knowledge, providing valuable advice on a range of transactions and other matters.’
‘They are highly responsive, lead us through difficult situations with high competence and seniority, pragmatic and solution driven approach, very personal and highly professional at the same time.’
Key clients
Brookfield Asset Management
Cove Communities
PSP Investments
Montgomery Street Partners
Goldman Sachs
Invesco Real Estate
China Investment Corporation
Madison International Realty
PSP Investments
Alecta
Starlight Investments
Work highlights
Mills & Reeve LLP
Mills & Reeve LLP is highly adept in providing asset and portfolio transactional and management support to its varied clientele. Laura Holdaway leads the practice and is an adept advisor in finance matters. Carina Davis is a specialist in mixed-use sites. Orla O’Sullivan is noted for her work on forward fundings and pre-lets. Sarah Cooke, Tom Nash and Victoria Davies made partner in June 2023.
Practice head(s):
Laura Holdaway
Other key lawyers:
Vincenzo Maggio; Orla O’Sullivan; Michael Giess; Carina Davis; Andy King; Joanna Davies
Testimonials
‘Partner led advice with real commerciality, helping deliver results in sensible time frames.’
‘Friendly but straight, well-rounded advice.’
‘Very capable and proactive team. They are good at mapping out how a transaction will proceed so we were well briefed and avoided surprises.’
‘Michael Giess is a very competent and technical lawyer but with a high level of commercial acumen.’
Key clients
M7 Real Estate
FProp Senior Debt Fund
Railpen
Orchard Street Investment Management LLP
Schroders
South Kensington Estates
Bruntwood Science Limited
HSBC Alternative Investments Ltd
Urban&Civic plc
AgFe
Trinity College, Cambridge
LaSalle Investment Management
Legendre Group Limited
London & Regional Properties
Langtree Property Partners Limited
Fidelity UK Real Estate Fund
Bericote Properties Limited
Pandox AB
Hines UK
Royal Mail Pension Plan
Work highlights
- Acted for HSBC Alternative Investments on the sale of the shares in the 6 Luxembourg incorporated SPV’s which collectively owned the various parts of Brindleyplace.
- Acted on behalf of Orchard Street Investment Management on the first deal made on behalf of its flagship Impact Fund.
- Advised Multi Industrial Stag 1 Limited as borrower in connection with a credit facility from Investec Bank plc to refinance the acquisition of a portfolio of properties in the West Midlands.
Osborne Clarke LLP
Osborne Clarke LLP advises on site acquisitions in a range of asset classes, including residential and logistics, with further strength in portfolio management. Louise Cartwright manages the team, and focuses on the logistics and retail sectors. Richard Wilkinson assists joint ventures, whilst Emma McPeake, who made partner in May 2023, specialises in private equity investments.
Practice head(s):
Louise Cartwright
Other key lawyers:
Richard Wilkinson; Emma McPeake; Peter Day
Testimonials
‘Osborne Clarke are a best in class firm of solicitors who go the extra mile for their client. The depth and quality of the team at Osborne Clarke ensures they are a seamless extension to their clients teams!’
‘Alice Conway works hard to pull the team together and deliver. She is commercial, personable and reliable.’
‘They pride themselves on their responsiveness and commerciality, which is invaluable.’
Key clients
Global Logistics Properties
British Land
Canary Wharf Group Plc
M&G
ICG
Patrizia
Centerbridge
Panattoni
Mirastar
KKR
Redevco
Nuveen
Marchmont
Work highlights
- Advised Citibank on the financing and CMBS deal for a portfolio of 37 light industrial and distribution properties within Blackstone’s last mile logistics portfolio.
- Advising on the acquisition for new client ICG of the Pentium Portfolio consisting of five high-quality logistics assets in prime locations around England,
- Appointed to Canary Wharf Group’s legal panel in respect of their retail and leisure portfolio of over 300 retail and leisure units.
Sidley Austin LLP
With significant experience in cross-border transactions, Sidley Austin LLP is well-versed in direct and indirect investments and joint venture support. Emilie Stewart and Jack Mayall are further names of noted within the team.
Other key lawyers:
Emilie Stewart, Jack Mayall
Key clients
Macquarie Asset Management
Work highlights
- Advised Macquarie Asset Management on its investment in £400 million in notes related to a portfolio of commercial ground leases.
Simpson Thacher & Bartlett LLP
Simpson Thacher & Bartlett LLP is frequently instructed by major investment firms on their multi-jurisdictional transactions and joint ventures. Wheatly MacNamara heads the team, and concentrates on acquisitions, dispositions and joint ventures. Samuel Charlton is noted for supporting international fund sponsors on their real estate matters. Angus Lennox joined the practice in November 2023 from an in-house position.
Practice head(s):
Wheatly MacNamara
Other key lawyers:
Samuel Charlton; Angus Lennox
Key clients
The Blackstone Group
KKR
Optimum Asset Management
Work highlights
- Represented Blackstone affiliated funds led by Infrastructure, Real Estate and Tactical Opportunities in its entry into a joint venture with Digital Realty to develop four hyperscale data centre campuses across three metro areas on two continents.
- Represented Blackstone Real Estate in its agreement to acquire a portfolio of logistics properties from the shareholders of AKF Logistik A/S.
- Represented Blackstone Real Estate in its agreement to acquire a portfolio of logistics properties from affiliates of Corem Property Group AB.
Slaughter and May
Slaughter and May advises clients on direct and indirect investments across asset classes, including offices, retail, and industrial. The firm is especially experienced in assisting clients with leasehold investment transactions and financings. Jane Edwarde leads the team, advising on retail and office transactions. John Nevin is another key name, and is well-versed in pre-lettings. Mark Gulliford assists clients with financing structures and joint ventures. Simon Bartle is also of note.
Practice head(s):
Jane Edwarde
Other key lawyers:
John Nevin; Simon Bartle; Mark Gulliford
Testimonials
‘Knowledgeable and very experienced in the sector. Able to bring in expertise from across the firm if required.’
‘John Nevin and Simon Bartle are approachable and have a complete understanding about the organisation, ethos and mission of their clients.’
‘Analytical capability and interpersonal skills make them exceptional in reaching strong outcomes for clients.’
‘Exceptional ability to deliver on complex transactions.’
‘Jane Edwarde and Mark Gulliford are leaders in their field, with the ability to deal with problems in an exceptionally commercial manner.’
Key clients
The Clothworkers’ Company
Derwent London
The Fishmongers’ Company
Legal & General
Masterworks
Midlothian Capital Partners
NTT Urban Development Corporation
Song Capital Partners
Work highlights
Stephenson Harwood
Stephenson Harwood is regularly active on behalf of international asset managers, high net worth individuals, and REITs. Simon Brading, an expert on data centre matters, oversees the practice. Catriona Berman is well-versed in hotels and office asset transactions, whilst David Sinclair supports clients active in the logistics and manufacturing sectors. Stephen Laud advises on portfolio disposals. In May 2023, Alexander Chadwick was made partner.
Practice head(s):
Simon Brading
Other key lawyers:
Catriona Berman; Stephen Laud; Alexander Chadwick; David Sinclair
Testimonials
‘Great client service led by Simon Brading.’
‘Simon Brading has a very commercial and collegiate can-do transactional approach.’
‘Alex Chadwick is a hugely dedicated individual; he is second to none.’
‘Good at joining up all the aspects of the transaction be it corporate, tax or real estate.’
Key clients
Schroder Real Estate
LXi REIT
AXA REIM
Mayfair Capital
The Langham Estate
Immobel
Rynda Healthcare
Reef Estates Limited
Tristan Capital
Magnetar Capital
Rolls-Royce Motor Cars
Macquarie Asset Management
Beaumont Hotel
Aver Property
BentallGreenOak
WELPUT
Peterson Group
Work highlights
- Advised Schroders Capital UK Real Estate Fund on the forward funding and investment portfolio of a ten-storey office development known as Two Ruskin Square.
- Advised LXi REIT Plc on the £773m refinancing of its portfolio of pan-European assets via three facilities funded by Canada Life, HSBC and a club of institutional lenders including Lloyds and Barclays bank.
- Advised Mount Eden Land on the £346 million sale of 27 properties in London’s West-End.
Collyer Bristow LLP
Led by Michael Grace, Collyer Bristow LLP’s ‘commercially astute, highly efficient’ real estate team excels in mixed-use and residential development work. Alex O’Connor boasts a varied client base, ranging from property funds and investors, housing associations and developers to banks, accountants and administrators of distressed properties. With a balanced borrower and lender practice, Rory Macpherson is regularly called upon to handle secured lending transactions. Stephen Gawne is another name to note.
Practice head(s):
Michael Grace
Other key lawyers:
Alex O’Connor; Rory Macpherson; Stephen Gawne; Jane Lindop
Testimonials
‘The CB team are commercially astute, highly efficient and never need chasing. Invoicing is very transparent and good value.’
‘Real estate partner, Stephen Gawne, is always a step ahead and knows exactly to what extent he can make decisions without bothering the client. He is commercially savvy, and I have complete confidence in those decisions.’
Key clients
Aldersgate Investments Ltd / Motcomb Estates Ltd (Reuben brothers)
Bewley Homes plc
Chase New Homes Ltd
Crest Nicholson plc
The Deltic Group
GMS Estates Limited
Ipsus Developments Ltd
Lochailort Investments Ltd
Sutton Harbour Holdings plc
EcoWorld London
Heatherwick Studio
Etro Fashion
Workman LLP
EDHEC Business School
Topham Guerin Limited
Suffolk Life Annuities
Plus500UK Ltd
Fountain Court Chambers
Falck UK/Community Ambulance Services
Swallow Property Investments Limited
Westgreen Construction Ltd
Work highlights
- Advising Ipsus Development wider group on a joint venture with a pension fund in connection with the acquisition, funding and development of a site in Caversham for residential and mixed-use redevelopment.
- Acting for Aberfeldy New Village LLP in connection with continuing site assembly, funding, development and sales of phase three onwards at Aberfeldy New Village in East London.
- Acting for GMS Estates Limited on all investment transactions for the company including the sale of a portfolio of three industrial sites in the South East to JR Capital and Chancerygate for £14 million.
Cripps
As a ‘full-service real estate firm’, Cripps advises property investment companies, real estate lenders, and retail park and warehouse owners, among other clients. Stephen Hedley, head of the firm’s broader real estate division, co-leads the department alongside Oliver Morris, who advises an impressive roster of clients, including landed estates, property companies, private high net worth investors and offshore investors. John McGeough‘s clients include educational foundations and charities and Alex Gallyer, promoted to partner in May 2024, boasts particular experience advising landed estates.
Practice head(s):
Stephen Hedley; Oliver Morris
Other key lawyers:
Sandeep Bains; Iain Benson
Testimonials
‘Punches above its weight for a non-core London firm. Full-service real estate firm.’
‘Oliver Morris is a very approachable and experienced adviser.’
‘Having worked with many commercial firms over the years, Cripps stands out as exemplary. All staff are client focused and endeavour to deliver over and above one’s expectations. I couldn’t ask for better firm!’
‘Iain Benson – pragmatic, supportive with a truly commercial approach to issues. The best I have met in 35 years.’
‘Responsiveness – if you have a query, they either deal with it immediately or get back to you quickly. No chasing required.’
Key clients
Cadogan Estate
Sloane Stanley Estate
Mott MacDonald Limited
Kadans Science Partner
Endurance Land
Kennedy Wilson
Sloane Stanley Properties
Jimmy Fairly
Harrow School
Federated Hermes
Work highlights
- Advising Mott Macdonald on the surrender of an existing lease and grant of two new leases, while dealing with proposed refurbishment works and complications resulting from a pre-emption agreement that also affected part of the building.
- Advising Kadans Science Partner, life sciences real estate developer and largest owner on the development of 3 new campuses known as “the knowledge quarter” in King’s Cross.
- Advising Kennedy Wilson on the sale of a multi-let property in Croydon, comprising a large hotel, offices and retail space let to globally-recognised brands.
DAC Beachcroft LLP
With experience on mixed-use projects, DAC Beachcroft LLP advises on lettings, acquisitions, and disposals of a wide range of traditional and alternative assets. Alison Key leads the team, which includes residential specialists Robert Lee and Charlotte Wilson. Andrew Boulton acts on retail leisure and care sector investments. Glenn Ruddy is well-versed on real estate financing transactions. Steven Pitchford joined from Macfarlanes LLP in September 2023.
Practice head(s):
Alison Key
Other key lawyers:
Robert Lee; Charlotte Wilson; Andrew Boulton; Glenn Ruddy; Steven Pitchford
Key clients
Royal London
Landsec
Lend Lease
Quintain
Unibail Rodamco Westfield
Crest Nicholson Operations Limited
Vistry Partnerships
Taylor Wimpey
Bellway
Barratt
Countryside Properties
Wates
Persimmon
Redrow
Cala
Hill Group
Ilke
Stonebond Properties
Fairview
Clarion Housing Association
Work highlights
- Acted on the acquisition of freehold premises on Bond Street, a prime London retail destination.
- Acted for Quintain on their sale of two build-to-rent developments at Wembley Park to KKR.
- Acted for West End (London) Property Ltd in connection with the acquisition of Haymarket House.
Fieldfisher
Fieldfisher‘s real estate team has a particular focus on alternative asset classes, and caters to a diverse client base which spans the industrial, healthcare, and student accommodation sectors. ‘Extremely proactive, personable, and commercial’ Paul Houston heads the firm’s hotel and leisure sector team, as well as the real estate transactional group. Jayne Elkins handles investment sales and purchases and indirect investment structures, while Rhodri Pazzi-Axworthy advises investors and developers on acquisitions, developments, and disposals. Gary Pickard advises public and private clients, with particular expertise in the telecoms sector.
Practice head(s):
Antony Philips; Paul Houston
Other key lawyers:
Jayne Elkins; Rhodri Pazzi-Axworthy; Gary Pickard; Laura Mackenzie; Gary Pickard
Testimonials
‘Paul Houston is extremely proactive, personable, and commercial. He is a “go-getter” and always wants to do the best job for his client.’
Key clients
Administrators of Royale Park entities
Alpha UK PUT 2
DWS
Huris (Grange Park) Limited
Work highlights
- Instructed by Alpha UK PUT 2 (part of the Kennedy Wilson Europe group) on a £40m refinancing with Citibank of a portfolio of properties in England and Ireland.
- Instructed by DWS in respect of a disposal of Marriotts Walk Shopping Centre in Witney.
- Instructed by DWS in respect of the disposal of an investment property.
Hamlins LLP
Working in tandem with construction and financing specialists, Hamlins LLP offers a full-service real estate offering. The team advises on structuring and lending matters, and boasts particular expertise in the retail and leisure sectors. Mark Hurst leads the team, handling acquisitions, sales, and refinancings of large portfolios. Joseph Holder boasts an established residential investment practice, while John Leasure advises an impressive list of commercial property investors and developers.
Practice head(s):
Mark Hurst
Other key lawyers:
Joseph Holder; John Leasure; Ben Kilshaw; Victoria Camfield; Hana Ghale
Testimonials
‘Intelligent. Reliable.’
Key clients
Burhill Group
The Light
William Pears Group
Structadene Group
Powerleague
Palace Capital PLC
National Car Parks Limited (NCP)
Leon Restaurants
Pizza Pilgrims Limited
Rosa’s Thai
Lightstone Properties
Pizza Union
Watson’s Property
Work highlights
- Acted for Palace Capital on an industrial 312k sq ft portfolio sale valued at £34m, comprising six industrial sites across the UK.
- Acting for the William Pears Group on the purchase of industrial sites at a number of UK locations, with a combined value of £49m.
- Acted for Palace Capital on the corporate sale of the 70,000ft prestigious 5-storey mixed-use building, One Derby Square, in Liverpool.
Memery Crystal
Boasting expertise across the commercial, residential, and mixed-use sectors, Memery Crystal handles the gamut of real estate matters, including sales, acquisitions, developments, and financings. As group head of real estate, John Aynsley handles transactions and developments involving high-value assets. Nicola Kravitz leads the real estate private client and private property teams. Sam Silverman, who acts for both domestic and international clients, was raised to the partnership in early 2024. Industrial property expert Nickhil Mandora made legal director in January 2024.
Practice head(s):
John Aynsley; Nicola Kravitz
Other key lawyers:
Tristan Wark; Fayruz Cahill; Helen Abel; Emily Farrow; Louisa Hartley
Key clients
Countryside Properties (UK) Limited – now part of Vistry
Canary Wharf Group
Telford Homes
BrewDog
Carolina Herrera (Sociedad Textil Lonia Limited)
Arc’teryx
Round World Group
Unity Real Estate
Medivet Investments Limited & Medivet Property Holdings Limited
Southwark Homes Limited
Charterhouse Property Group Holdings Ltd
Stonehage Fleming Financial Services Limited
ChangeGroup
Rontec Roadside Retail
Montreaux Group/Montreaux Homes
H Company 3 Limited
Cora Homes
Work highlights
Penningtons Manches Cooper LLP
Specialising in commercial ground rents and long income assistance, Penningtons Manches Cooper LLP supports clients across a range of industry sectors, including hotels, housing and industrials. James Nadin spearheads the team, acting on single asset and portfolio transactions. James McNeilly focuses on long income real estate. Ben Law supports family offices and ultra-high net worth individuals. In July 2023, Andrew Mellor and James Gooch joined from Shakespeare Martineau LLP.
Practice head(s):
James Nadin
Other key lawyers:
James McNeilly; Alison Lewis; Greg Phillips; Simon Allan; Ben Law; Andrew Mellor; James Gooch
Key clients
Bewley Homes Plc
New Forest District Council
LabTech
Donnington Land & Property Limited
Mersey 1 Limited
Great Western Developments Ltd
Castlethorpe Homes
Work highlights
- Appointed by Great Western Developments Ltd in relation to the Paddington Square development.
Shoosmiths LLP
Shoosmiths LLP is adept at site transactions across the gamut of asset classes, including data centres, logistics, self-storage and co-living assets. Joseph Mazzucca became head of practice in May 2024 and is accustomed to assisting US clients on the UK aspects of their real estate work. Liam Phillips is an expert on data centres. Isaac Bordon joined the team in November 2023 from DLA Piper.
Practice head(s):
Joseph Mazzucca
Other key lawyers:
Liam Phillips; Isaac Bordon
Key clients
McArthurGlen Group
Frasers Property
Berkeley Homes
Currys PLC
Holland & Barrett
Global Switch Limited
Proximity Data Centres Limited
Telereal Trillium Limited
Ralph Lauren UK Limited
Petchey Holdings Limited
Artmax Property Limited
Invesco Real Estate
Sosei Heptares
Heptares Therapeutics Limited
Bluecastle Capital
Attic Self Storage
Iron Mountain Data Centres
O&H Properties
Union Investment GmbH
BPP Holdings Limited
Work highlights
- Advising Shearer Property Regen Limited on all aspects of the major Coventry City Centre South regeneration scheme consisting of new commercial space and 1,500 homes.
- Acting for Frank Capital on the freehold acquisition of Ornan Court, Belsize Park, London for refurbishment into co-living space.
- Acting for Attic Self Storage on the freehold acquisition of a strategic self-storage site at Interchange West, Sunbury-on-Thames, adding to our client’s growing property portfolio.
Travers Smith LLP
The ‘pragmatic, responsive and knowledgeable’ team at Travers Smith LLP advises clients on a broad range of asset transactions, with experience in the healthcare, senior living, logistics and mixed-use sectors. The team is led by Emma Pereira, who focuses on real estate fund support. Alex Millar specialises in development and regeneration projects. In May 2023, Simon Rutman retired.
Practice head(s):
Emma Pereira
Other key lawyers:
Alex Millar, Emma Sykes, Gareth Wynne
Testimonials
‘Pragmatic, responsive and knowledgeable. I have not yet managed to ask a question they cannot answer.’
‘Very wide ranging commercial experience, able to deploy it in pragmatic ways.’
Key clients
Patron Capital
Lothbury Investment Management
Impact Healthcare REIT plc
Westrock
BOC Group Limited
Clearbell Capital
Greenacre
Greystar
Pinebridge Benson Elliot
MARK