The ‘pragmatic and business-oriented’ group at Simmons & Simmons is well-versed in the gamut of real estate tax matters and is frequently instructed by clients in the asset management and private funds sectors. Fund formation is an additional core area of focus. The ’brilliant’ Chloë Nessim steers the practice group and is praised for her ‘extensive knowledge of the real estate sector’. Nessim focuses on real estate tax work and fund formation.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality

Testimonials

Collated independently by Legal 500 research team.

  • ‘I worked mainly with Chloë Nessim but also with two other members of her team who were very available.’
  • ‘While fundamentally preserving the interests of its clients, the team distinguishes itself through its balanced approach to transactions. This contributes to the delivery of high-quality work.’
  • ‘Chloë Nessim stands out clearly for her extensive knowledge of the real estate sector and the collective management sector.’
  • ‘Chloë Nessim is a brilliant lawyer, available and super dedicated to her clients.’
  • ‘We have been working with the team at Simmons on multiple matters over the years. The team is highly professional and has a wide range of tax expertise. The quality of work is excellent – the team is always quick to respond and to support with pragmatic and solution-focused advice.’
  • ‘Chloë Nessim is an excellent tax lawyer with an extensive expertise and very good knowledge of the market. She is always up-to-date, highly responsive and has a very pragmatic and great commercial sense. She is very constructive and has a great ability to anticipate solutions.’

Key clients

  • Union Investment Real Estate GmbH
  • Valor Real Estate Partners LLP
  • Entrepeneur Invest
  • Compañía Española de Financiación del Desarrollo (COFIDES), S.A., S.M.E.
  • Supermarket Income REIT PLC
  • Houlihan Lokey UK Limited
  • Franklin Templeton Social Infrastructure Fund SCA SICAV-SIF
  • Trainline Italia S.r.l.
  • Orians
  • Coalesce Automation, Inc
  • Luiten Van der Valk Beheer B.V.
  • Assembly

Work highlights

Advised Valor Real Estate Partners LLP (VREP) on the tax aspects of the acquisition from Ivanhoé Cambridge of the Palm portfolio.
Advised Luiten van der Valk Beheer B.V. on the tax aspects of the acquisition of a 5-star hotel through a share deal valued at €30m, including the financing of the acquisition and its structuring.

Lawyers

Leading partners: Property tax

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Chloë Nessim