HENGELER MUELLER

Comment: This firm comes highly recommended in real estate and confirmed its reputation as an “outstanding firm for big-ticket deals” (competitor) with activity in the Office First sale and the acquisition of the €1.28bn Hansteen portfolio. HM benefited from the booming nursing home and student housing sector, e.g. in the sale of a portfolio of 18 retirement homes for regular client Blackstone. In the sought-after hotel segment, HM advised new client Frasers Hospitality Asset Management on entering the German market. The practice is well positioned on the interface with insurance law, so it could react quickly to the growing demand among W&I insurers. Advice to FDM Management on acquiring the Interhotel portfolio shows how effective synergies between real estate and finance are. Unlike Freshfields, Noerr or Clifford, who offer the entire spectrum of real estate advice, HM focuses on transactions. This is currently an advantage, but raises the question of practice sustainability at times when transactions are few and far between.
Strengths: Transaction management ( ?M&A).
Recommended: Thomas Müller (“strong expertise and pragmatic”, “outstanding for real estate deals”, competitors); Dr. Georg Frowein (“excellent”, “pragmatic and friendly”, competitors), Dr. Martin Geiger, Dr. Daniel Kress (“target-oriented and collegial”, competitor).
Practice: Focus on transactions, corporate real estate (incl. fund structuring and NPL transactions) and finance. The practice is supported by the notary office and the ?environmental and planning law practice. (7 partners, 12 associates)
Clients: ?? Frasers Hospitality on entering the German market; Blackstone on acquisition of Office First and nursing home real estate; FDM Management on acquisition and financing of Interhotel portfolio; Apollo on acquisition of NPL; JPMorgan Asset Management on sale of Rocket Tower Berlin and W&I Insurance.
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