Luxembourg > Real estate
Real estate
The multi-specialist partner André Marc and real estate counsel Serge Hoffmann are the senior members of Allen & Overy Luxembourg’s department. The firm represents a number of European banks with operations in Luxembourg, as well as a multitude of international developers and real estate funds. It recently advised Commerzbank International on the sale of the former headquarters of Dresdner Bank Luxembourg to the Luxembourg government.
Arendt & Medernach’s broad expertise across the firm is expertly deployed in the real estate sector. The firm has an excellent record in structuring real estate funds, as well as advising on portfolio issues including sales and acquisitions. Claude Niedner and tax partner Eric Fort are highly recommended.
Elvinger, Hoss & Prussen continues to work on many of Luxembourg’s headline transactions and projects including advising the developer AGORA on the high-profile real estate development of the land previously occupied by the steel industry in southern Luxembourg. The firm also advised on the prominent Place de l’Etoile development in the City of Luxembourg. Léon Gloden and Patrick Reuter are the lead partners.
Kremer Associés & Clifford Chance is widely acknowledged as having a leading real estate funds practice. The firm has also illustrated its expertise in debt restructuring, refinancing and M&A in this segment with a number of challenging mandates from illustrious clients. Albert Moro and Claudie Grisius are the lead partners.
Linklaters LLP is commended for being ‘flexible’, ‘very accessible’, ‘practical’ and ‘solution oriented’. Clients also highlight the professional ‘coordination’ of work and the firm’s expertise in high leverage real estate finance, refinancings and restructurings. Beyond this, the firm advised on the setting-up of the Luxembourg regulated property fund Lynx Investment Fund S.C.A. SICAV-FIS. Patrick Geortay, René Diederich, Tom Loesch and Emmanuel-Frédéric Henrion are all recommended.
OPF & Partners has created a strong and broad real estate practice, covering downstream acquisitions, real estate investment funds (including regulated and unregulated structures), and tax issues. Clients include a number of major real estate investment funds. Martine Gerber-Lemaire is a ‘strong negotiator’.
Kleyr | Grasso | Associes covers advisory, transactional and contentious work in the real estate sector. Notably, the firm has a particularly strong record in the litigation arena on behalf of construction companies. In recent years, the firm’s growing corporate and finance practice has led to further acquisition and development instructions, including roles on high-profile projects in Belval and Kirchberg, Austria. Patrick Chantrain is recommended.
Following the arrival of Véronique Hoffeld from Bonn Schmitt Steichen in November 2009, Loyens & Loeff has made solid progress in the real estate sector. The firm’s exemplary tax expertise is an obvious distinguishing characteristic that has enabled the firm to make inroads into the real estate market, most notably on behalf of investment companies and real estate funds.
Molitor Avocats à la Cour is ‘practical’, ‘professional’ and ‘solution-oriented’, with a particularly strong record in financings, refinancings and restructurings. Beyond this, the firm represents a number of investors in real estate and is now gaining pivotal roles on major real estate developments. Construction litigation is another key sector. Laurent Fisch heads the department.
Wildgen, Partners in Law provides a ‘high level of service’, thanks to its ‘very short response times’ and ‘good overall knowledge of the real estate business’. The firm is particularly active on behalf of real estate funds and investment companies. This includes advising on acquisitions in Luxembourg and throughout Europe.