DLA Piper has developed a wide real estate practice, including transactions, structuring, development, leasing, financing, and regulatory matters. Practice head Magnus L. Lutnæs chiefly focuses on inbound investments, real estate financings, and development projects. Tone Gjertsen deals with a variety of zoning, subdivision, and development agreements, while Thomas Håkonsen particularly excels in retail leases. The practice also includes Anders Bergenee, an active advisor on acquisitions, divestments, and joint ventures, and Ola Rundfloen, who is involved in development, transactions, and leasing matters.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Exceptional all-in service, especially for international clients, this is a great add-on.’
  • ‘Full dedication, pragmatic, and pro-active to create successful transactions.’
  • ‘I have worked closely with DLA Piper’s real estate team, and I am very impressed. They are professional, reliable, and easy to work with. What makes them unique is their strong understanding of both legal and commercial aspects of the real estate market. Their advice is always practical and tailored to our needs. Compared to other firms, DLA Piper stands out for their quick response times, teamwork across departments, and ability to handle complex matters smoothly. They are proactive and often help us see risks and opportunities early.’
  • ‘Our main contact is Magnus L. Lutnæs, who has worked with us for many years. He is a key advisor and one of the most impressive lawyers we work with. Magnus combines deep legal knowledge with strong commercial understanding, which makes him extremely valuable in both transactions and development projects.’
  • ‘DLA knows the real estate market very well and has the ability to combine legal advice with commercial points of view. Since it is a full-service firm, they are able to help with various matters along the way. For us as a client, it has been very appreciated that they know our business very well and are interested in keeping up the knowledge about our commercial needs.’
  • Ola Rundfloen and Lasse Lillelund Inleggen have been a great team, combining real estate knowledge with litigation skills and demonstrating very high engagement in the matters. Always on top of things and with impressive communication skills. ’
  • ‘The team at DLA is always forthcoming and quick to help when we need. There is always someone who can answer our questions, and they are also willing to point us in a direction if the topic is easy to handle ourselves.'

Key clients

  • Green Mountain
  • Aberdeen Investment
  • Castlelake
  • Corum XL
  • H&M
  • Coop Øst
  • IKEA
  • Skanska Norge
  • Lucid Motors
  • UNICEF Norge
  • Festing
  • Aparta
  • Kinland
  • Lululemon
  • Arcus Infrastructure Partners
  • Tesla Norway
  • Pecunia
  • Prada
  • DEAS Asset Management
  • Macquarie Infrastructure Real Assets

Work highlights

Advised Castlelake on the NOK 1.9 billion financing of a 30-property real estate portfolio in Norway.
Advised Green Mountain and parent Azrieli Group on the development and EUR 371 million refinancing of a 90–150MW hyperscale data centre campus in Hamar, Norway, delivered to TikTok as sole tenant.
Advising Skanska Næringseiendom and Klaveness Marine on the joint redevelopment of 33,970 sqm at Skøyen, including integration of new subway infrastructure.
Practice head

Magnus L. Lutnæs

Other key lawyers

Tone Gjertsen; Thomas Håkonsen; Anders Bergenee; Ola Rundfloen; Lasse Innleggen