Indirect Real Estate

UK

When navigating joint ventures, funds, corporate acquisitions and financing structures in the real estate sector, it is essential that the legal advice you receive covers all angles. Working alongside our wider Real Estate Group, our corporate real estate lawyers offer a seamless service concerning transactions in the sector. Our Indirect Real Estate team works in unison with our tax and finance lawyers to advise our clients at every stage of the investment cycle.

Our practice is built on a foundation of strong corporate technical experience and in-depth sector knowledge combined with a commercial outlook. We advise across the full set of asset classes including residential development, build to rent, logistics, student accommodation, senior living, hotels and leisure, offices, retail and life sciences.

From fund formation to the acquisition and disposal phase, we take a solutions-driven approach to the entire indirect real estate investment lifecycle. We have deep experience in establishing private and listed onshore and offshore real estate funds and work at the leading edge of new fund structures.

We procure time and cost efficiencies for our clients by utilising our dedicated Transaction Services team to assist with due diligence, the preparation of targets for sale, data room compilation and disclosure process management.

We are experienced in advising seasoned investors in the UK market as well as first-time investors and are well equipped to advise our domestic clients on their investment portfolios abroad with the assistance of our international offices and network of best friend firms.

Indirect real estate advisory services

Acquisitions and disposals
Funds
Indirect real estate services
Joint ventures
Solvent restructurings
Structured financing

Client work

Our clients include UK and international private equity houses, asset managers, real estate investment trusts (REITs), pension funds, institutional investors, high net worth investors, family offices and public sector entities. Some of our past and current projects include:

Brent Cross

Advising on the structuring, the implementation and complex ongoing advice in relation to the joint venture investment arrangements for the £4.2 billion redevelopment of Brent Cross, one of the largest and most complex mixed-use regeneration schemes in Europe.

Universities Superannuation Scheme

Advising Universities Superannuation Scheme on the establishment of a £300 million ground breaking joint venture investment arrangement with Places for People investing into the private rented sector across the UK.

St Modwen

Advising St Modwen Developments on a joint venture with VINCI plc in relation to the £2 billion development of New Covent Garden and its subsequent variation.

M&G plc

Advising M&G plc on the set up and structuring of a JV fund using the new private fund limited partnership vehicle and bringing together both national and international professional investors. The fund acquired the Selly Oak Retail Park in Birmingham for £94 million.

Investment platform

Advising on the launch of a new investment platform between NFU Mutual, Apache Capital and Harrison Real Estate Capital. The platform intends to invest in a range of up to seven build-to-rent schemes across England and Scotland.

Triple Point REIT

Since its listing in August 2017, advising Triple Point REIT on its downstream acquisitions totalling approximately 60 transactions and over 100 properties.

Awards and recognition

It's very joined up between the funds team and real estate team. [They're] able to draw on technical financial services regulatory advice at short notice and provide integrated response.The Legal 500

We are consistently ranked as a top tier real estate firm by The Legal 500 and Chambers and Partners. Our Real Estate Group has also been recognised by a host of industry awards including The British Legal Awards, The Times Best Law Firms and The Lawyer Awards.