Major Real Estate Law Firms in Japan: A Guide for Foreign Investors

A Practical Directory of Japanese and International Law Firms Active in Commercial Real Estate

Introduction

Buying commercial real estate in Japan usually requires more than negotiating a price with the seller.

A transaction can involve:

  • Property due diligence
  • Purchase agreements
  • Real estate financing
  • Trust beneficiary interests
  • GK-TK structures
  • TMK structures
  • Asset management agreements
  • Development agreements
  • Construction contracts
  • Leasing
  • Joint ventures
  • Regulatory issues
  • Tax structuring
  • Cross-border investment structures

Legal advisers therefore play an important role throughout the investment process.

For foreign investors, the choice of law firm can be particularly important because a transaction may involve both:

Japanese real estate law

and

cross-border investment considerations.

Japan has several large domestic law firms with substantial real estate practices.

There are also international law firms in Tokyo with significant experience advising overseas investors entering the Japanese property market.

This guide introduces selected law firms active in Japanese commercial real estate.

It is not a ranking.

The appropriate law firm depends on the transaction, asset class, investment structure, financing and investor requirements.

Inclusion in this directory does not imply that a particular firm is appropriate for every transaction.

Why Real Estate Lawyers Matter in Japan

A simplified institutional acquisition may involve:

Foreign Investor

Investment / Asset Manager

Japanese SPC

Real Estate or Trust Beneficiary Interest

Around this structure may be:

Seller

Broker

Lender

Trust Bank

Property Manager

Operator

General Contractor

Tax Adviser

and

Lawyers

The legal adviser helps connect these different parts of the transaction.

What Does a Real Estate Lawyer Do?

Depending on the transaction, legal work may include:

Acquisition Documentation

  • Letter of intent
  • Purchase and sale agreement
  • Conditions precedent
  • Closing documentation

Legal Due Diligence

  • Ownership
  • Mortgages
  • Easements
  • Leases
  • Encumbrances
  • Property-related agreements
  • Regulatory matters

Investment Structure

  • GK-TK
  • TMK
  • Joint ventures
  • Trust structures
  • Fund structures

Financing

  • Loan agreements
  • Security documentation
  • Intercreditor arrangements
  • Non-recourse financing
  • Mezzanine financing

Development

  • Development agreements
  • Construction contracts
  • Project agreements
  • Land-related issues

Operations

  • Lease agreements
  • Property-management agreements
  • Asset-management agreements
  • Hotel-management agreements

Exit

  • Property sale
  • Trust beneficiary interest sale
  • Portfolio sale
  • Refinancing
  • Corporate or fund-level transactions

For an explanation of common Japanese investment vehicles, see Understanding Japanese Real Estate Investment Structures: GK-TK, TMK and Trust Beneficiary Interests.

Major Japanese Law Firms

Japan has several large domestic law firms with substantial institutional real estate practices.

These firms frequently advise:

  • Real estate investors
  • Developers
  • Banks
  • Asset managers
  • J-REITs
  • Private funds
  • Corporations

Anderson Mori & Tomotsune

Type: Major Japanese law firm

Anderson Mori & Tomotsune, commonly known as AMT, has a major real estate practice covering sophisticated property transactions.

Its work includes areas such as:

  • Property acquisitions
  • Real estate financing
  • Development
  • Real estate funds
  • J-REITs
  • Securitization
  • Capital markets

The firm advises a broad range of market participants including investors, developers, financial institutions and real estate companies.

Its combination of real estate, finance, corporate and regulatory capabilities can be useful for complex institutional transactions.

Relevant For:

  • Institutional acquisitions
  • Real estate finance
  • Fund structures
  • J-REITs
  • Development
  • Cross-border investment

Official Website: Anderson Mori & Tomotsune

Mori Hamada

Type: Major Japanese law firm

Mori Hamada has a highly active real estate practice.

Its experience includes:

  • Real estate acquisitions
  • Trust beneficiary interests
  • Real estate finance
  • GK-TK structures
  • TMK structures
  • Real estate funds
  • J-REITs
  • Cross-border transactions

The firm advises financial institutions, asset managers, investors and other major market participants.

For institutional investors using Japanese SPC structures, the combination of real estate and structured-finance expertise can be particularly relevant.

Relevant For:

  • Acquisitions
  • Disposals
  • Real estate finance
  • GK-TK
  • TMK
  • J-REITs
  • Cross-border investment

Official Website: Mori Hamada

Nagashima Ohno & Tsunematsu

Type: Major Japanese law firm

Nagashima Ohno & Tsunematsu, commonly known as NO&T, is another leading Japanese law firm with extensive real estate experience.

Its practice covers sophisticated transactions involving:

  • Acquisitions
  • Joint ventures
  • Real estate funds
  • J-REITs
  • Financing
  • Development
  • Cross-border transactions

The firm also has significant experience in hotel-related acquisitions and financing.

This can be relevant because hotel transactions may require additional agreements involving:

  • Operators
  • Brands
  • Management agreements
  • Lease structures

in addition to conventional property documentation.

Relevant For:

  • Institutional real estate
  • Acquisitions
  • J-REITs
  • Joint ventures
  • Real estate funds
  • Hotels
  • Cross-border transactions

Official Website: Nagashima Ohno & Tsunematsu

Nishimura & Asahi

Type: Major Japanese law firm

Nishimura & Asahi has a substantial real estate and construction practice serving both Japanese and international clients.

Its work includes:

  • Large-scale acquisitions
  • Development
  • Real estate financing
  • REIT transactions
  • Cross-border investment
  • Structured transactions

The firm also advises foreign investors acquiring Japanese real estate.

Its broader international network can be useful where a Japanese property transaction forms part of a larger cross-border investment strategy.

Relevant For:

  • Large acquisitions
  • Development
  • Real estate finance
  • REITs
  • Cross-border investment
  • Institutional investors

Official Website: Nishimura & Asahi

TMI Associates

Type: Major Japanese law firm

TMI Associates is a large Japanese law firm with a broad corporate practice that includes real estate and construction.

Its real estate work can involve:

  • Acquisitions
  • Development
  • Leasing
  • Real estate finance
  • Construction
  • Investment structures

The firm’s broad corporate capabilities can also be relevant where real estate transactions overlap with:

  • M&A
  • Corporate restructuring
  • Operating businesses
  • Intellectual property
  • Regulatory issues

Relevant For:

  • Real estate transactions
  • Development
  • Construction
  • Corporate real estate
  • M&A-related property matters

Official Website: TMI Associates

Other Japanese Firms With Significant Real Estate Practices

Japan’s legal market extends beyond the largest firms.

Several other Japanese law firms have substantial experience in property, construction and real estate finance.

Atsumi & Sakai

Type: Japanese law firm with international capabilities

Atsumi & Sakai advises both domestic and international clients.

Its practice includes:

  • Real estate
  • Banking
  • Finance
  • Investment funds
  • Cross-border transactions

The firm includes Japanese lawyers and registered foreign lawyers, which can be particularly useful for overseas investors.

Official Website: Atsumi & Sakai

Ushijima & Partners

Type: Japanese law firm

Ushijima & Partners has a long-established real estate practice.

Its work includes property transactions and disputes as well as broader corporate matters.

The firm can be relevant where an investor requires specialized Japanese real estate expertise outside the largest full-service firms.

Official Website: Ushijima & Partners

City-Yuwa Partners

Type: Japanese law firm

City-Yuwa Partners advises clients on a range of corporate and real estate matters.

Its real estate practice includes transactions involving:

  • Property
  • Finance
  • Development
  • Investment

Official Website: City-Yuwa Partners

Iwata Godo

Type: Japanese law firm

Iwata Godo is a long-established Japanese business law firm.

Its practice includes real estate and construction matters alongside:

  • Corporate
  • Finance
  • Litigation
  • Regulatory work

Official Website: Iwata Godo

Kaynex Law Offices

Type: Japanese law firm

Kaynex Law Offices is another firm active in Japanese real estate transactions.

Its inclusion among firms recognized for Japanese real estate and construction demonstrates that investors have options beyond the largest national firms.

Official Website: Kaynex Law Offices

Oh-Ebashi LPC & Partners

Type: Japanese law firm

Oh-Ebashi LPC & Partners is a major Japanese business law firm with offices including Tokyo and Osaka.

Its broad practice can be relevant to:

  • Real estate
  • Construction
  • Corporate transactions
  • Finance
  • Disputes

Official Website: Oh-Ebashi LPC & Partners

International Law Firms Active in Japanese Real Estate

International firms can be particularly relevant for foreign investors.

Their Tokyo teams may combine:

Japanese bengoshi

registered foreign lawyers

international transaction experience.

This can be useful where investment decisions involve teams located in:

  • United States
  • Europe
  • Asia-Pacific
  • Middle East
  • Other jurisdictions

Morrison Foerster

Type: International law firm

Morrison Foerster has a substantial Tokyo real estate practice advising both Japanese and international clients.

Its work includes:

  • Real estate acquisitions
  • Real estate financing
  • Fund formation
  • Joint ventures
  • Portfolio transactions
  • Cross-border acquisitions

The firm is particularly well known for inbound Japanese transactions involving international investors.

Relevant For:

  • Foreign investors
  • Cross-border acquisitions
  • Real estate finance
  • Joint ventures
  • Fund formation
  • Portfolio transactions

Official Website: Morrison Foerster

Greenberg Traurig

Type: International law firm

Greenberg Traurig has an established Tokyo real estate practice.

Its team advises:

  • Private equity funds
  • Asset managers
  • Developers
  • International investors

on inbound and outbound transactions.

Its real estate experience spans property sectors including:

  • Office
  • Hotels
  • Data centers
  • Retail

Relevant For:

  • Foreign investors
  • Private equity
  • Cross-border acquisitions
  • Development
  • Hotels
  • Data centers

Official Website: Greenberg Traurig

Baker McKenzie

Type: International law firm

Baker McKenzie has a longstanding presence in Japan and combines Japanese and international legal capabilities.

Its real estate and construction work can include:

  • Acquisitions
  • Development
  • Leasing
  • Finance
  • Cross-border transactions

Its large international network can be particularly useful where a real estate investment involves several jurisdictions.

Official Website: Baker McKenzie

Clifford Chance

Type: International law firm

Clifford Chance is a major global law firm with a Tokyo office and experience in Japanese real estate transactions.

Its broader strengths in:

  • Banking
  • Structured finance
  • Private equity
  • Investment funds
  • Capital markets

can be particularly relevant to large institutional property investments.

Relevant For:

  • Institutional investors
  • Real estate finance
  • Private equity
  • Cross-border transactions
  • Structured investments

Official Website: Clifford Chance

DLA Piper

Type: International law firm

DLA Piper operates a Tokyo practice within its extensive international network.

Its Japanese real estate capabilities can be relevant to:

  • International acquisitions
  • Development
  • Leasing
  • Investment
  • Corporate transactions

Official Website: DLA Piper

Morgan Lewis

Type: International law firm

Morgan Lewis has a Tokyo presence and experience advising foreign investors on Japanese real estate.

Its lawyers have experience in areas including:

  • Acquisitions
  • Joint ventures
  • Real estate finance
  • Cross-border investment

The firm can therefore be relevant to international real estate funds and other overseas investors.

Official Website: Morgan Lewis

Withers

Type: International law firm

Withers has a Japan practice and advises international investors, companies and private clients.

Its real estate capabilities can be particularly relevant where property ownership intersects with:

  • International investment
  • Private capital
  • Family wealth
  • Cross-border structuring

Official Website: Withers

White & Case

Type: International law firm

White & Case maintains a significant Tokyo practice.

Its broader strengths include:

  • Banking
  • Finance
  • M&A
  • Private equity
  • Projects
  • Cross-border transactions

The firm’s international capabilities can be relevant to complex property investments involving financing or corporate structures.

Official Website: White & Case

Herbert Smith Freehills Kramer

Type: International law firm

Herbert Smith Freehills Kramer has a Tokyo presence and is active across major international transactions.

Its capabilities can be relevant where real estate intersects with:

  • Corporate transactions
  • Infrastructure
  • Energy
  • Investment
  • Cross-border matters

Official Website: Herbert Smith Freehills Kramer

Jones Day

Type: International law firm

Jones Day has operated in Tokyo for decades and provides broad corporate legal services.

Its real estate-related work can form part of larger:

  • Corporate transactions
  • Investments
  • Development projects
  • Cross-border matters

Official Website: Jones Day

Selected Real Estate Law Firms in Japan

Law FirmTypeSelected Areas of Relevance
Anderson Mori & TomotsuneJapaneseAcquisitions, finance, funds, J-REITs, development
Mori HamadaJapaneseAcquisitions, finance, GK-TK, TMK, J-REITs
Nagashima Ohno & TsunematsuJapaneseAcquisitions, funds, hotels, finance, J-REITs
Nishimura & AsahiJapaneseAcquisitions, development, finance, cross-border
TMI AssociatesJapaneseTransactions, development, construction
Atsumi & SakaiJapanese / internationalReal estate, finance, funds, cross-border
Ushijima & PartnersJapaneseReal estate transactions and disputes
City-Yuwa PartnersJapaneseProperty, development, finance
Iwata GodoJapaneseReal estate, construction, corporate
Kaynex Law OfficesJapaneseReal estate and construction
Oh-Ebashi LPC & PartnersJapaneseReal estate, construction, corporate
Morrison FoersterInternationalInbound acquisitions, finance, funds, JVs
Greenberg TraurigInternationalPrivate equity, inbound investment, development
Baker McKenzieInternationalCross-border real estate and construction
Clifford ChanceInternationalInstitutional transactions and finance
DLA PiperInternationalCross-border real estate
Morgan LewisInternationalAcquisitions, JVs and finance
WithersInternationalInternational and private capital
White & CaseInternationalFinance and cross-border transactions
Herbert Smith Freehills KramerInternationalInternational transactions
Jones DayInternationalCorporate and cross-border matters

This table is intended as an orientation rather than a ranking.

Real Estate Acquisitions

One of the most common reasons to hire a real estate lawyer is an acquisition.

A simplified process may involve:

LOI

Due Diligence

Purchase Agreement

Financing

Closing

The buyer’s lawyer may review:

  • Title
  • Trust documents
  • Leases
  • Material agreements
  • Regulatory matters
  • Litigation
  • Encumbrances
  • Purchase documentation

The lawyer may also coordinate with:

  • Asset manager
  • Tax adviser
  • Lender
  • Trust bank
  • Technical adviser

Real Estate Trust Beneficiary Interests

Institutional Japanese properties are frequently traded as:

Trust Beneficiary Interests

rather than direct transfers of land and buildings.

A simplified structure is:

Real Estate

entrusted to

Trust Bank

issues

Trust Beneficiary Interest

owned by

Investor / SPC

The legal adviser therefore needs to understand both conventional property law and trust structures.

GK-TK and TMK Structures

Foreign institutional investors frequently encounter Japanese investment vehicles including:

GK-TK

and

TMK.

These structures involve legal, tax and regulatory considerations.

The legal team may work alongside:

  • Tax advisers
  • Accountants
  • Asset managers
  • Lenders

to establish the investment platform.

For more, see Understanding Japanese Real Estate Investment Structures: GK-TK, TMK and Trust Beneficiary Interests.

Real Estate Financing

Lawyers also play an important role in financing.

A non-recourse transaction may involve:

Investor

Equity

SPC

← Loan ← Bank

Real Estate

Legal documentation can include:

  • Loan agreement
  • Security agreement
  • Pledge
  • Mortgage-related documentation
  • Account-control arrangements
  • Intercreditor agreements
  • Sponsor support documentation

The lender normally has its own legal counsel.

The borrower therefore usually needs separate representation.

For a broader overview of the Japanese lender universe, see Major Real Estate Lenders and Banks in Japan.

Development and Construction

Development transactions require additional legal expertise.

Issues may involve:

  • Land acquisition
  • Development agreements
  • Construction contracts
  • Architect agreements
  • Permits
  • Completion
  • Defects
  • Cost overruns

The legal adviser may work closely with:

  • Developer
  • General contractor
  • Lender
  • Architect
  • Investor

For more on construction counterparties, see Major General Contractors and Construction Companies in Japan.

Hotel Transactions

Hotels introduce another layer of legal complexity.

In addition to the property itself, the investor may need to consider:

  • Hotel operator
  • Brand
  • Management agreement
  • Lease agreement
  • FF&E
  • Operating licenses
  • Employees
  • Revenue arrangements

A hotel acquisition can therefore involve both:

real estate

and

operating-business considerations.

Different law firms may have different levels of experience with hospitality transactions.

Data Centers

Data-center transactions can also require specialist legal knowledge.

Issues may include:

  • Power
  • Development
  • Construction
  • Customer agreements
  • Technology
  • Infrastructure
  • Land
  • Financing

This is another example of why selecting a law firm solely because it “does real estate” may not always be sufficient.

The asset class can matter.

Leasing

Commercial leasing can involve:

  • Ordinary leases
  • Fixed-term leases
  • Master leases
  • Subleases
  • Tenant protections
  • Rent revisions
  • Restoration obligations

Japanese lease law can differ materially from systems familiar to overseas investors.

For more on leasing, see Commercial Real Estate Lease Structures in Japan.

J-REITs and Real Estate Funds

Law firms also advise:

  • J-REITs
  • Private real estate funds
  • Asset managers
  • Investment managers

Legal work can include:

  • Fund formation
  • Acquisitions
  • Financing
  • Capital markets
  • Governance
  • Regulatory matters

For an overview of major listed property vehicles, see Major J-REITs in Japan.

For investment managers, see Major Real Estate Investment and Asset Management Firms in Japan.

How Foreign Investors Can Find a Real Estate Lawyer in Japan

Foreign investors do not necessarily need to select a law firm without local guidance.

Several transaction participants may be able to provide introductions.

Ask the Asset Manager

A Japanese asset manager experienced with foreign investors will normally interact regularly with law firms.

The AM may know which legal teams are experienced in:

  • Foreign-sponsored transactions
  • GK-TK
  • TMK
  • Non-recourse finance
  • Trust beneficiary interests
  • Particular asset classes

A practical route can therefore be:

Foreign Investor

Japan Asset Manager

introduces

Real Estate Law Firms Experienced With Foreign Investors

For more on choosing an AM, see How to Choose a Commercial Real Estate Asset Manager in Japan.

Ask the Broker

An investment-sales broker may also be able to suggest firms frequently involved in similar transactions.

Brokers regularly encounter lawyers representing:

  • Buyers
  • Sellers
  • Developers
  • Funds

and can therefore provide useful market context.

For more on brokerage firms, see Major Commercial Real Estate Brokerage Firms in Japan.

Ask the Lender

If financing discussions have already begun, the lender may also know law firms experienced with the relevant financing structure.

Banks regularly work with lawyers on:

  • Non-recourse loans
  • Security
  • SPC structures
  • Refinancing

However, the borrower and lender generally require separate legal representation.

A lender introduction can therefore help identify experienced firms, but investors should independently determine whether the suggested firm is appropriate and free from conflicts.

Ask Other Foreign Investors

Other institutional investors can be another useful source.

Investors that have completed similar transactions in Japan may have practical experience with:

  • Service quality
  • English communication
  • Transaction execution
  • Asset-class expertise

How to Choose a Real Estate Law Firm

There is no universally best real estate law firm.

The appropriate firm depends on the transaction.

Relevant questions can include:

Does the Firm Regularly Handle Real Estate?

A large corporate law firm is not automatically a real estate specialist.

Ask about relevant transaction experience.

Does the Firm Understand the Asset Class?

Experience with a Tokyo office acquisition does not necessarily mean extensive experience with:

  • Hotels
  • Data centers
  • Healthcare
  • Development

Does the Firm Handle Real Estate Finance?

If the acquisition involves debt, financing expertise can be important.

Does the Firm Understand Foreign Investors?

Cross-border investors may require:

  • English documentation
  • Overseas investment-committee support
  • Cross-border structuring
  • Coordination with overseas counsel

Does the Firm Understand Japanese Investment Vehicles?

For institutional investors, experience with:

  • GK-TK
  • TMK
  • Trust beneficiary interests

can be important.

Who Will Actually Work on the Transaction?

The reputation of the firm matters.

But investors should also understand:

  • Lead partner
  • Day-to-day lawyer
  • Team size
  • Relevant experience

Does the Firm Have Conflicts?

Large law firms represent many:

  • Banks
  • Developers
  • Funds
  • Asset managers

Conflict checks can therefore become important.

How Are Fees Calculated?

Possible fee structures include:

  • Hourly rates
  • Estimated transaction budgets
  • Fixed fees for defined work
  • Hybrid structures

Investors should understand the expected scope before engagement.

Domestic Firm or International Firm?

Foreign investors sometimes assume they need an international law firm.

That is not necessarily true.

A major Japanese firm may offer:

  • Extensive English capability
  • International offices
  • Cross-border expertise
  • Deep Japanese real estate knowledge

Conversely, an international firm’s Tokyo practice may offer:

  • Japanese bengoshi
  • Foreign lawyers
  • Global investor relationships
  • Cross-border coordination

The better question is therefore not:

“Japanese or international?”

It is:

“Which legal team is best suited to this transaction?”

Using More Than One Law Firm

Large transactions can involve several legal advisers.

For example:

Buyer Counsel

Seller Counsel

Lender Counsel

Operator Counsel

Joint Venture Partner Counsel

There may also be:

  • Overseas counsel
  • Tax counsel
  • Regulatory specialists

Complex transactions therefore require coordination among several legal teams.

Lawyers Are Only One Part of the Advisory Team

A foreign investor may also need:

  • Asset manager
  • Broker
  • Tax adviser
  • Accountant
  • Appraiser
  • Technical adviser
  • Environmental adviser
  • Lender
  • Property manager

The legal adviser works within this broader professional ecosystem.

A simplified acquisition team might look like:

Investor

Asset Manager

Broker + Lawyer + Tax Adviser + Technical Adviser + Lender

Acquisition

The strength of the overall team can be as important as the selection of any single adviser.

Questions to Ask a Potential Real Estate Law Firm

Before appointing counsel, investors may ask:

  • How many Japanese real estate transactions do you handle?
  • Do you regularly represent foreign investors?
  • Do you have experience with this asset class?
  • Do you handle trust beneficiary interest transactions?
  • Do you advise on GK-TK structures?
  • Do you advise on TMK structures?
  • Do you handle non-recourse financing?
  • Have you represented borrowers as well as lenders?
  • Do you advise J-REITs or private real estate funds?
  • Do you handle development transactions?
  • Do you have hotel experience?
  • Do you have data-center experience?
  • Who will lead the transaction?
  • Who will handle the day-to-day work?
  • Can the team work fully in English?
  • What conflicts should be considered?
  • How are fees calculated?
  • Can you provide a fee estimate?
  • Which other advisers will you need to coordinate with?

Frequently Asked Questions

Who are the major real estate law firms in Japan?

Major firms with substantial Japanese real estate practices include Anderson Mori & Tomotsune, Mori Hamada, Nagashima Ohno & Tsunematsu and Nishimura & Asahi.

Other firms with significant real estate capabilities include TMI Associates, Atsumi & Sakai, Ushijima & Partners, City-Yuwa Partners and others.

Which international law firms handle Japanese real estate?

International firms active in the market include Morrison Foerster, Greenberg Traurig, Baker McKenzie, Clifford Chance, DLA Piper, Morgan Lewis, Withers, White & Case and others.

This is not an exhaustive list.

Do foreign investors need a Japanese lawyer to buy commercial real estate?

Institutional Japanese real estate transactions generally involve Japanese legal issues and documentation, making Japanese legal counsel an important part of the acquisition team.

Can Japanese law firms work in English?

Many major Japanese law firms regularly advise international investors and have substantial English-language capabilities.

Should a foreign investor choose a Japanese or international law firm?

Either may be appropriate.

The more important considerations are the team’s Japanese real estate expertise, transaction experience, cross-border capability, asset-class knowledge and ability to work with the investor’s other advisers.

What is a trust beneficiary interest?

Japanese institutional real estate is frequently placed into trust, with the investor acquiring the resulting trust beneficiary interest rather than directly acquiring the underlying land and building.

What legal structures do foreign real estate investors use in Japan?

Institutional investors frequently encounter structures involving GK-TK arrangements, TMKs and real estate trust beneficiary interests.

Can an asset manager recommend a law firm?

Potentially.

An experienced asset manager may know legal teams regularly involved in transactions similar to the investor’s proposed acquisition.

Can a broker recommend a law firm?

Potentially.

Commercial real estate brokers interact with legal advisers on transactions and may be able to identify firms active in the relevant part of the market.

Can a bank recommend a real estate law firm?

A lender may be familiar with law firms experienced in real estate finance.

However, borrowers and lenders generally require separate legal representation, and conflict checks remain important.

Do hotel acquisitions require specialist legal expertise?

Hotel transactions can involve operating, management, branding, licensing and other issues in addition to conventional property matters, so relevant hospitality experience can be useful.

Do data-center transactions require specialist lawyers?

Data-center transactions can involve power, technology, infrastructure, development and customer-contract issues in addition to conventional real estate matters.

Conclusion

Japan has a sophisticated legal market supporting one of the world’s largest commercial real estate markets.

Foreign investors can choose from:

Major Japanese Firms

including:

  • Anderson Mori & Tomotsune
  • Mori Hamada
  • Nagashima Ohno & Tsunematsu
  • Nishimura & Asahi
  • TMI Associates

Other Japanese Real Estate Practices

including:

  • Atsumi & Sakai
  • Ushijima & Partners
  • City-Yuwa Partners
  • Iwata Godo
  • Kaynex Law Offices
  • Oh-Ebashi LPC & Partners

International Firms

including:

  • Morrison Foerster
  • Greenberg Traurig
  • Baker McKenzie
  • Clifford Chance
  • DLA Piper
  • Morgan Lewis
  • Withers
  • White & Case
  • Herbert Smith Freehills Kramer
  • Jones Day

But there is no universally best real estate law firm.

The appropriate legal team depends on:

transaction

asset class

investment structure

financing

cross-border requirements

and

the people who will actually execute the transaction.

Foreign investors also do not need to identify legal advisers entirely on their own.

Experienced:

  • Asset managers
  • Brokers
  • Lenders
  • Other investors

may be useful sources of introductions to lawyers active in the relevant part of the market.

The objective is not simply to hire the largest law firm.

It is to assemble a legal team that understands both:

Japanese commercial real estate

and

the investor’s specific transaction.

References

Related Articles