Real estate investment

We understand that your income stream is vital, so we help you deliver the best return on your portfolio to your investors and shareholders – on time and on budget. We can advise on everything from day-to-day management of your assets to significant transactions.

On 1 June 2017, we merged with Maxwell Winward allowing Mills & Reeve to further develop its real estate practice in London. The experienced team has a very credible profile adding to our current strength in depth and expertise and has provided us with the opportunity to build both our real estate sector strength and the opportunity to provide a high quality London-based team. The merger has almost doubled our existing headcount in our London office and the broader range of service lines that we now offer.

> Our real estate lawyers
> Our real estate investment experience
> Our real estate investment clients
> What our clients and others say about us
> Legal resources you may find useful

Helping you get the best return on your real estate investments

Our 140-strong real estate team enables us to provide client teams to all our clients ranging from major institutional and private investors, private equity backed developers and investors in alternative assets to corporates and high net worth individuals. We help clients make the best return, regardless of the level and type of your investment.

We are well known for real estate providing a creditable alternative to the City firms in terms of our capability, scale and diversity of expertise.

Real estate is a major focus of our business at Mills & Reeve representing almost 30% of our turnover. We specialise in investment, development, alternative assets, property finance, property management, planning and environmental, property litigation, contentious and non-contentious construction, corporate finance, funds and structuring, corporate and property tax.

Personal chemistry is important, as is delivering outstanding client service, so we make sure you have a legal team that fits with your own team. We really get to know you and your portfolio, providing continuity so that you only need to tell us once.

We position work at the right level, not just the lowest. Work gets pushed up as well as down.

Our real estate lawyers 

We offer the expertise of over 140 real estate lawyers. Our solicitors are specialists in investment, development, alternative assets, corporate structures, property finance, property management, planning and environmental, property litigation, contentious and non-contentious construction, corporate finance, funds and structuring, corporate and property tax.

  • New Head of Asset Management role
    We are pleased to announce that Dominic Hordern has been appointed to the newly created role of Head of Asset Management at Mills & Reeve. The role will champion best practice in asset management across the firm, providing focused support to our clients as they strive to realise maximum value from their portfolios.

    As a real estate investment specialist with more than 15 years’ experience providing asset management services to a range of investors, Dominic will proactively explore and identify the legal, commercial and service challenges facing asset management in the real estate investment market to enable us to help clients realise best value from their income streams and to meet our goal of being a leading provider to actively managed funds.

    Real estate is a major focus of our business at Mills & Reeve representing almost 30% of our turnover. We realise delivering high quality asset management work to real estate investors is important. We will continue to differentiate ourselves by providing this service through senior-led client teams that really understand clients and their portfolios, providing continuity of delivery and experienced practitioners.

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Our real estate investment experience

  • Direct investments
    Acquiring and disposing of significant and complex investment assets including the purchases of The O2 at Greenwich, 26 Red Lion Square London from Legal & General Property for £85.1 million and a portfolio of seven industrial estates for £50 million.

  • Corporate structures
    Acquiring and disposing of assets held in on and off shore corporate structures including the acquisition of Beehive Shopping Park in Cambridge from British Land for £109 million the sale of Aldgate House for £100 million to a Hermes joint venture and the sale of Marble Arch Tower W1 for £79 million to Almacantar.

    Advising clients on indirect property investment vehicles including two separate joint venture long leasehold portfolios of Tesco Stores valued at £440 million and £490 million respectively.

  • Alternative assets
    Working with clients to enable investment in alternative assets including student accommodation, education assets, health care and rural property. Recent deals include acting for a major US REIT on its acquisition of a portfolio of private hospitals in the UK for over £100 million, the acquisition of the agricultural business arm of the Co-operative Group for £249 million and the acquisition of four student accommodation schemes for £77 million in Manchester and Liverpool for a Singaporean Investor.

  • Forward funding
    Advising on forward funding of developments including this year the purchase of One The Square, a 142,662 sq ft building outside Cambridge station and the largest forward funding of a speculative development in Cambridge.

  • Portfolio management
    Actively managing major investment portfolios and assets including shopping centres at St Ann’s, Harrow and Three Spires, Lichfield, a ground rent portfolio in Leeds, Cambridge Science Park, Felixstowe Docks and Dunsfold Park in Surrey with a total value of assets under management of over £2 billion.

  • Leasing
    Negotiating major lettings including a 20 year lease to Debenhams of a 43,000 sq ft store at the Three Spires Shopping Centre, Lichfield and 35,200 sq ft of office space at 11 Strand, WC2 to Punter Southall Group Limited.

  • Estate management strategies
    Developing estate management strategies for major mixed use long term development schemes such as Lendlease’s £1.5 billion regeneration of Elephant & Castle and Urban & Civic’s Alconbury Weald Enterprise Zone and 1,420 acre mixed use development.

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Our real estate investment clients

Examples of our clients in this sector include:

  • Railways Pension Fund
  • Orchard Street Special Situations Fund
  • University of Cambridge
  • Lendlease
  • Trinity College Cambridge
  • Urban & Civic
  • Wellcome Trust
  • St John’s College Cambridge
  • HSBC International Trustee Limited
  • O&H Properties
  • Brookgate Limited
  • Howard Group of Companies
  • Ministry of Defence
  • The Pigeon Group
  • Cheval Property Holdings
  • LaSalle Investment Management – Royal Mail Pension Plan
  • Fidelity UK Real Estate Fund 
  • Clients of Aberdeen Standard 
  • Railpen RPMI 
  • Cheval 
  • Derwent London plc 
  • Pemroke Real Estate 
  • Floreat 
  • Hines UK 
  • AgFe 
  • Orchard Street Investment Management 
  • TH Real Estate – Henderson UK Property PAIF 
  • London & Regional Properties

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What our clients and others say about us

  • “Service is consistently outstanding particularly in terms of responsiveness, an analytical and constructive approach to due diligence issues and respect for transaction deadlines. This is borne out of an in-depth understanding of the property industry from both a legal and commercial perspective.” Orchard Street Investment Management LLP
  • "Mills and Reeve LLP is 'top of the tree, and holds its own against City firms' Legal 500 2016
  • "Mills & Reeve LLP’s ‘committed and positive team’... 'provides excellent service and understands clients' "Legal 500 2016
  • "Market sources praise Mills & Reeve as ‘a fantastic firm with good people’ and ‘experts in all fields’." Chambers UK
  • We were awarded Real Estate Team of the Year at the Legal Business Awards 2013 
  • We were also shortlisted for Property Team of the Year at The British Legal Awards 2014
  • Our Planning Team were named Planning Law firm of the Year at the Planning Awards 2014

Legal resources you may find useful

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Real estate
Real estate