Real Estate, real potentialx
Our Global Real Estate Industry Group is in growth mode.
JAMES DODSWORTH, LONDON PARTNER
It’s one of the Firm’s eight industry groups, comprising over 120 lawyers from around the globe and providing market leading advice and expertise to our clients on all manner of real estate dependent transactions.
Led by newly appointed global industry leader and London partner, James Dodsworth, the group has been working recently on some of the largest real estate dependent transactions in the market.
One of the standout deals of the past 12 months saw us act for Bank of China on a €6.8 billion real estate financing transaction of the Logicor logistics business sold by Blackstone, believed to be the largest such financing in the European real estate market in 2017.
Work on the project involved over 50 lawyers in nine offices across our global network emphasising the truly international nature of the group and our network.
The core pillars of the Global Real Estate Industry Group (GREIG) are:
1. Transactional investment work
2. Real estate financing
3. Development and restructuring.
Each pillar inevitably overlaps with the other. The nature of real estate dependent transactions means that our lawyers are drawn from a variety of practice areas including M&A, Bank Finance, Construction, Tax and Environment to name but a few.
Our group also specializes in a number of alternative real estate asset classes including data centers, hotels and non-performing real estate loans (NPLs). Such expertise provides us with a distinct advantage in a competitive legal market place.
Being one of the world’s largest asset classes, unsurprisingly some of the Firm’s largest private equity clients turn to us for the real estate dependent transactions, including Cerberus, Blackstone and Redwood Group.
How can I
get involved?
Simply get in touch
with a member of
our Real Estate Core
Industry Group team
if you have any questions
or want to know more
about our capabilities.
Look out for our
Global Newsflash alerts
which will feature relevant
news and developments.
Sovereign Wealth Funds and Family Office clients include QIA, GIC, PAG and Al Saqar, and we are also heavily involved in the asset class across a number of jurisdictions.
James says: “Going forward, we are looking to expand our existing relationships to grow our revenue on the number of $1M+ mandates and $5+clients as well as increasing the percentage of cross border work.
“Many clients see real estate and the numerous asset classes within it as core to their investment portfolios and we are increasingly seeing larger multi-jurisdictional portfolio transactions coming to market which play to our expertise and global strength.”
The industry team is highly motivated and focused on the sector and the collaboration across practice areas is what makes our offering truly powerful and impactful with clients and the market.
James says: “I’ve been delighted to see our progression both in the legal directories and in the individual rankings as we have pursued a specialized approach. The promotions of James Johnson in London and Quentin de Plessis in Johannesburg have given us further depth and strength as we move forward.”
