With volatility in the global economy and the emergence of new real estate investors such as insurance companies and pension funds, the commercial real estate market has become much more competitive. Evolving regulatory requirements in key real estate markets and rapidly changing economic environments have made it more challenging for multinational companies and other investors to manage their real estate portfolios.
With more than 330 lawyers, our Global Real Estate Group assists institutional and private equity investors, multinationals, banks, hotels and REITS with all of their global real estate needs, from buying, selling and leasing property to financing and constructing major projects. As a one-stop shop for real estate legal services across key markets, we develop world-class transactional strategies, provide corporate real estate services, and advise on global data center real estate development and management.
Ranked the "Number One Global Law Firm for Real Estate" by Euromoney for eight years running, our real estate practitioners have a winning combination of technical property expertise, local market knowledge, industry insight and global experience. Many of our real estate lawyers are highly rated by leading legal directories including Chambers & Partners and Legal 500, reflecting our ability to take a centrally managed, cross-practice approach to helping clients maximize the value of their portfolios.
We are always developing new products as part of our commitment to client service excellence.
Global Corporate Real Estate Services
Managing a global real estate portfolio can be challenging and complex. We help real estate owners and investors simplify the process of addressing occupancy requirements, handling lease disputes and overseeing the development of specialist facilities. With lawyers across more than 40 countries, we act as a single point of contact to coordinate the needs of our clients everywhere they have property holdings.
To make this process cost effective, we base our pricing for these services on fixed rates determined through sample studies or pricing menus, hourly or discounted rates with built-in management costs, and fixed-price retainers to cover minor contracts such as extensions, amendments, assignments and subleases. We also provide clients with in-house real estate training programs, access to our helpdesk for general inquiries, as well as legal alerts and other publications that keep clients up-to-date on industry trends.
Global Data Center Real Estate Services
Data centers need more attention than other property classes because they operate 24 hours a day, 365 days a year and require large amounts of power, cooling, data bandwidth and security. We have vast experience advising companies on acquiring, financing, leasing, planning and developing data centers worldwide. Working across borders and practice areas, we collaborate with colleagues in our IT & Communications, Data Privacy, Cyber Security, Intellectual Property, Tax and Employment practices to provide comprehensive advice.
Our services include preparing and negotiating data center leases, acquiring land and existing structures for data center locations, preparing and negotiating cloud outsourcing agreements, negotiating architect design agreements and construction contracts, advising on data center environmental issues, securing financing for developing and maintaining data centers, and preparing data center purchase, lease and support agreements.
Using our long experience working on green projects, our real estate lawyers help clients identify incentives and opportunities for sustainable building developments and guarantee the long-term profitability of these projects. Our services include advising on green certification, energy standards and performance, certifications and minimums, CO2 and energy targets, green leases, as well as the regulation, financing and planning of these projects.
Based on our expertise in this burgeoning sector, we've created the Global Sustainable Buildings Index 2015, a resource that explains sustainable building incentives and regulations in 16 countries across the European Union, Asia, North America and the Middle East. It includes a comparison of green lease clauses to educate clients on the best practices for these arrangements.
Baker McKenzie has been awarded the world's leading Real Estate firm for 8 consecutive years by Euromoney (2009-2016). We are also ranked among the top firms by Chambers Global for our Construction Practice, and are consistently ranked in top tiers in multiple jurisdictions for real estate.
"Full-service firm with a robust offering in construction… Well known for its international reach, with notable strength in Europe, Latin America and the Middle East."
: Chambers Global 2017
"International firm with notable local and regional real estate capabilities. Advises on hotel management as well as large corporate transactions and mixed-use development projects."
: Chambers Global 2017 [United Arab Emirates]
" Baker McKenzie has the resources to handle a range of real estate work, including M&A-related matters, developments, financings and commercial leasing. The team has strong ties with international retailers through its global network."
: Legal 500 Asia-Pacific 2017 [Taiwan]
" The ‘outstanding’ team…. has ‘wide industry knowledge and deep market experience'."
: Legal 500 Europe, Middle East and Africa 2017 [Hungary]