JONES DAY

Comment: Once again this respected firm in real estate was involved in a series of pan-European deals, incl. for regular client Hansteen. JD won new clients for project development, e.g. the construction of student housing. The loss of partner Dr. Lutz Hülsdunk, who set up his own firm in Frankfurt, was a blow. He was the face of the real estate practice. Real estate expertise is now the domain of a partner remaining in Frankfurt and one in Munich who joined from Clifford last year, though their visibility cannot compare with Hülsdunk’s.
Practice: Transactions advice, incl. financing and tax. Commercial rent law. Also project development. (7 partners, 3 counsel, 2 associates, 1 of counsel, incl. finance)
Clients: ?? Hansteen on sale of German-Dutch portfolio; Pandox on acquisition of pan-European hotel portfolio; Zederbaum on development of student housing; Jones Lang LaSalle on acquisition of office property; Savills on various logistics transactions.
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