Real Estate

We advised HIH Invest, a German investment.... Read more

We advised HIH Invest, a German investment management company, on its acquisition of ten properties from GSW and Buwog, two subsidiaries of European real estate group Vonovia.

The portfolio has an investment volume of approximately €516 million and includes around 1,700 high-quality residential units and 8,700 square meters of commercial space.

Lawyers in our Hamburg office led the transaction, with support from our Berlin, Düsseldorf, Frankfurt, and Munich offices and our antitrust, banking, environment, infrastructure and projects, private equity, and tax practices.

We advised Landsec, one of the largest.... Read more

We advised Landsec, one of the largest real estate companies in Europe, on the £400 million sale of its hotel portfolio to Ares Management alongside operating partner EQ Group, a European hospitality investment and management platform.

The disposal supports Landsec’s strategy to focus its resources on areas where it has a genuine competitive advantage.

Lawyers in our London office led the transaction, with support from our banking, infrastructure and projects, intellectual property, litigation, private equity, restructuring, and tax practices.

We advised Mitsubishi Corporation (MC) on its... Read more

We advised Mitsubishi Corporation (MC), a global integrated business enterprise, on its approximately US$800 million joint venture with Digital Realty Inc., a data centers-focused U.S. REIT, to develop two pre-leased data centers in Dallas, Texas.

This transaction represents MC’s first overseas venture in the data center sector.

Lawyers in our Washington, D.C. and London offices led the transaction, with support from our Baltimore, Colorado Springs, Denver, New York, and Northern Virginia offices and our antitrust, environment, infrastructure and projects, international trade, litigation, privacy and cybersecurity, real estate, and tax practices.

We advised Welltower, a U.S. REIT investing in.... Read more

We advised Welltower, a U.S. REIT investing in health care infrastructure, on its US$402 million acquisition of a portfolio of eight senior housing communities located in six different U.S. states.

The acquisition is part of Welltower’s expansion strategy and positions the company to capitalize on strong demographic trends and favorable market conditions.

Lawyers in our Washington, D.C. office led the transaction, with support from our Denver, New York, and San Francisco offices and our banking, real estate, and tax practices.

Sector performance

In 2024, real estate investors navigated a shifting landscape shaped by stabilizing interest rates and cautious optimism. While transaction volumes remained below pre-pandemic levels, renewed investor confidence led to increased activity in prime assets.

Residential, logistics, and data center facilities — particularly those driven by AI — continued to attract capital, while life sciences and hospitality-related facilities emerged as key growth areas. Energy-efficient and ESG-compliant assets remained a priority, especially in the office and retail sectors. Amid evolving regulatory frameworks and economic adjustments, well-capitalized buyers began seizing opportunities in a recovering market.


Hogan Lovells activities

Our Real Estate team hosted premier industry events, including New York City and the Future: Real Estate and Beyond, which drew strong attendance and reinforced our expanded presence in the market. 

We also held successful industry events in other key markets around the globe. Hotel Day remained a market leader in Germany and our Real Estate Academy in London continued its growth. We launched our global Reimagining Real Estate thought leadership campaign, exploring transformative industry trends, with our sector achieving market-leading viewership on Lexology.

Renowned for its ‘top-class’ service, Hogan Lovells undertakes high-value and complex real estate work.”

Legal 500 UK, 2024

600+

Real Estate lawyers

Band 1

REITs
Chambers USA, 2024

Four Pillars of our M&A Group

Technical excellence

Executing transactions effectively

Sector knowledge

Understanding issues in regulated industries

Global reach

Worldwide scope, local know-how

Full-service capabilities

Subject matter experience

M&A Year in Review

Expander

Dear Clients and Friends,

Welcome to the 2024 edition of our Hogan Lovells M&A Year in Review!

Each year, we publish the M&A Year in Review to express our gratitude to you — our clients and friends — for the opportunity to work together and for the successes we have shared. We hope you enjoy our review of dealmaking in 2024 and our outlook for M&A in 2025.

During 2024, M&A transaction values increased across the world, recovering from their decade-low levels in 2023, to reach an aggregate deal value of approximately US$3.5 trillion. These increases were attributable largely to a 25% rise in sponsor-related dealmaking and a return of megadeals. 

M&A transaction volumes improved during the third and fourth quarters of the year, following a lackluster first half of the year. This resulted in an annual global increase of 1.5%, even amidst a 3% decline in the United States.

Across sectors, technology M&A reasserted itself as the market leader by value and volume in 2024, rebounding from 2023 lows as investor demand for AI, digital innovation, and machine learning increased.

Our M&A Group is grateful to have worked with you over the course of the past year. Your transactions propelled Hogan Lovells to more than 30 M&A league table rankings worldwide, including top rankings for Global M&A and across Europe, France, Germany, Italy, the Nordics, Spain, the United Kingdom, Canada, Latin America, Asia Pacific, and China.

We enter 2025 with measured optimism for substantial M&A activity, based upon strong corporate fundamentals for strategics, significant capital held by sponsors, and reduced regulatory intervention, and in anticipation of compromises to be reached across the economic and diplomatic policies of new administrations. Our perspectives are set forth within our 2025 M&A Outlook here.

We appreciate the trust that you continue to place in us, and we look forward to supporting you on your M&A transactions in the year ahead.

Best wishes for continuing success in 2025,

The Hogan Lovells M&A Group