REITs & Real Estate M&A

Connecting Real Estate with Capital Markets

At One Legal Square, our REITs & Real Estate M&A practice provides specialist legal advice throughout the full lifecycle of real estate investment trusts (REITs) and on all types of public and private mergers and acquisitions in the real estate sector. We work with issuers, sponsors, investment banks, and other stakeholders to execute debt and equity capital markets transactions, guide public REITs through corporate governance and compliance matters, and advise buyers and sellers on strategic deals of all sizes.

Our public REITs team is highly regarded for its depth of experience and long-standing involvement in shaping the modern REIT market. We have advised on some of the most significant REIT IPOs and roll-up transactions in the region, delivering innovative structures and seamless execution.

Our cross-disciplinary approach sets us apart, allowing us to offer integrated support covering corporate governance, activist defence, securities offerings, SEC reporting and compliance, executive compensation, securities litigation, and boardroom counselling — all tailored to the unique needs of public REITs and real estate investors.

AREAS OF FOCUS

We advise clients on all types of real estate M&A transactions, including large-scale strategic public company deals across all asset classes, buy-side and sell-side leveraged buyouts, management-led buyouts, strategic portfolio acquisitions, and special committee representations. Our team has been involved in many of the most significant multifamily and other strategic public REIT M&A transactions in the region.

To successfully launch a public REIT and execute an IPO, it is often necessary to consolidate multiple private investment vehicles through a complex roll-up transaction. Our team brings deep expertise in securities, M&A, real estate, and tax to guide REIT clients through this critical transition from private to public status.

We represent public REITs on a broad range of transactions and material events, including capital raising through debt and equity markets, public listings on stock exchanges, corporate governance, executive compensation, disclosure obligations, and regulatory compliance.

Established public companies often seek to unlock value through REIT conversions, business line spin-offs, or capital infusions from private institutional or retail sources. We provide expert guidance on structuring and executing these technically complex transactions, requiring a fully integrated, cross-disciplinary approach.

REITs frequently grow or recycle capital through strategic portfolio transactions. We leverage our extensive real estate expertise to assist REITs with tax-efficient OP unit exchanges, joint ventures with sovereign wealth funds, pension plans, endowments, and other global capital allocators, as well as sophisticated portfolio acquisitions.

For more information on how we can support your REIT or real estate M&A strategy, or to discuss your specific transaction needs, reach out to us here.