Real estate and construction: Independent local firms

Nagashima Ohno & Tsunematsu

The team at Nagashima Ohno & Tsunematsu specialises in J-REITs, maintaining a leading position in the market, and has a strong presence in the private REIT market. Under the leadership of Kenji Utsumi, who is well versed in real estate development projects and private fund real estate investments, the team features the ‘exceptional’ Mami Ikebukuro, who has ’in-depth knowledge of her area of practice’, which combines real estate, accounting, and tax law. Shunpei Tanaka specialises in establishing sponsored J-REITs, Hiroto Inoue supports foreign clients navigating the Japanese J-REIT market, and Makoto Saito has extensive experience in both real estate and M&A matters. Shinichiro Horaguchi and Yoshinobu Koyama are also prominent members of the team.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

'Mami is a partner with exceptional and in-depth knowledge of her area of practice. She is always willing and available to help and advise on complex matters.'
'The team is very reliable and trustworthy, acting consistently even under time pressure, with quick responses and solid advice.'
'Mami Ikebukuro is one of the top lawyers in the securitisation business field. Her advice, based on a wealth of knowledge and experience, is very useful.'
'They are an excellent law firm, taking on assigned tasks with a strong sense of responsibility and without compromise.'
'Strong track record dealing with PE funds in Japan. Communicates effortlessly and flawlessly in Japanese and English, which is invaluable when structuring cross-border fund structures.'
'Very well staffed, which makes filling requested tasks quick and efficient. Their expertise is deep and broad, shared among their teams.'
'Partner Kenji Utsumi is a well-experienced lawyer in real estate and others. We have great trust in his abilities, and he provides beneficial advice anytime.'
'The team has various and numerous experiences regarding hotel and branded residence projects in Japan.'

Key clients

Mitsui Fudosan Co., Ltd.
Mitsubishi Estate Co., Ltd.
Tokyu Land Corporation
Sumitomo Realty & Development Co., Ltd.
Nomura Real Estate Development Co., Ltd.
Mitsubishi Corporation
Hulic Co., Ltd.
Orix Corporation
AEON Co., Ltd.
NTT Urban Development
Marubeni Corporation
Kajima Corporation
Shimizu Corporation
Sumitomo Corporation
ESR Cayman Limited
Gaw Capital Partners
Hilton International
PGIM Real Estate
Norges Bank Real Estate Management
Tokyu Corporation
Accor S.A.
Allianz Real Estate GmbH
Challenger Kabushiki Kaisha
Japan Excellent, Inc.
Kenedix, Inc.
Kokyo Asset Management Co., Ltd.
Marriott International, Inc.
MUFG Bank, Ltd.
Mitsubishi UFJ Trust and Banking Corporation
Sumitomo Mitsui Trust Bank, Limited
Mizuho Bank, Ltd.
Mizuho Trust & Banking Co., Ltd.

Work highlights

Advised Seibu Group on the sale of its high-value portfolio consisting of hotels, ski resorts, and golf courses.
Advised TEPCO Power Grid on a joint development project for a data centre.
Advised Invincible Investment Corporation on the acquisition of a high-value portfolio of hotel properties.