Nagashima Ohno & Tsunematsu’s real estate practice maintains a strong reputation for handling a broad array of real estate transactions in Japan, including M&A and investments in properties overseas. Practice head Shunpei Tanaka counts major real estate companies among his clients, frequently advising on the establishment of sponsored J-REITS. Kenji Utsumi also regularly represents both listed and unlisted J-REITs, and both Hiroto Inoue and Junji Yamanaka are experienced in advising on J-REIT formation. The team advises new entrants into the Japanese real estate sector, with Mami Ikebukuro assisting clients with their first investments into the Japanese real estate market. The group has experienced growth in the hotel sector, with a key focus of Yoshihisa Watanabe’s practice being the acquisition of hotels and hotel development projects, while Yoshinobu Koyama regularly advises clients on hotel management agreements. Shinichiro Horaguchi regularly handles domestic real estate transactions and overseas development projects, and Makoto Saito regularly represents both national and international investment funds.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Services are quick, having points without redundant analysis. Lawyers are well organised from partner to associate level to quickly to form a group for assignments.’

  • ‘Their strengths are that they fully understand a Japanese company's mindset, our critical points, and our expected goals. They collaborate well with local firms.

  • ‘NO&T's attorneys attend to the contract negotiations, and their negotiating skills are outstanding.’

  • ‘Tanaka has excellent practical negotiation skills for real estate-related contracts, based on his many years of experience. Fujisaki demonstrated outstanding ability in handling cases with a sense of responsibility. Kurihara has demonstrated exceptional ability in handling a large volume of work with short deadlines.’

  • ‘Works very well with foreign law firms. Long track record of advising on fund raises for Japanese PE funds.’

  • ‘They are covering variety of issues for our sector and are very experienced. We believe they are one of the best in our industry.’

  • ‘Hiroto Inoue has varied knowledge and experience in our industry. His suggestions are always reasonable, and he can find hidden issues within the deal.’

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 KKR & Co. Inc. on its acquisition of the entire share capital of Mitsubishi Corp. - UBS Realty Inc., with a valuation of JPY 230 bn.
  • Advised Dorchester Collection on their hotel in Japan, to be located in the Torch Tower, Mitsubishi Estate’s flagship, currently under construction and scheduled for completion in 2027.
  • Advised Nomura Real Estate Development Co. Ltd. on structuring a joint venture with Federal Land Inc., aimed at property development in Malaysia.

Lawyers

Leading individuals: Bengoshi
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Nagashima Ohno & Tsunematsu
Real Estate and J-REITs; Infrastructure; General Corporate (including corporate governance, compliance); Mergers and Acquisitions (M&A); Securitization/Structured Finance/Trust; Financial Regulations/Fund Management; Legislation/Regulations; Risk and Crisis Management; Overseas Support Services.
Nagashima Ohno & Tsunematsu
PartnerPractice focuses on real estate-related matters including real estate funds, real estate financing, real estate securitization and Japanese REIT (J-REIT) formation. Extensive experience with joint ventures and M&A transactions and also represents a wide range of clients, both domestic and foreign (regularly represents financial institutions, investment funds, and companies operating in various industries including real estate companies, construction companies, pharmaceutical companies, machinery manufacturers and chemical companies.).
Nagashima Ohno & Tsunematsu
Corporate/M&A; General Corporate; Mergers and Acquisitions (M&A); Private Equity/Venture Capital; Securitization/Structured Finance/Trust; Acquisition Finance; Project Finance; Financial Regulations/Fund Management; Real Estate and J-REITs; Pharmaceutical and Health Care.
Next Generation Partners: Bengoshi
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Shunpei Tanaka

Other key lawyers

Mami Ikebukuro, Hiroto Inoue, Junji Yamanaka, Kenji Utsumi, Yoshihisa Watanabe, Yoshinobu Koyama, Shinichiro Horaguchi, Makoto Saito