| Japan
The team of lawyers and specialists at TMI Associates has advised many foreign clients investing into real estate in Japan. The firm’s representations include setting up new TMK and silent partnerships, negotiations with counterparts, or even introduction of possible arrangers / co-investors in Japan. TMI Associates would like to note that there was a deregulation in 2011, with respect to the filing of the investment plan (i.e., asset liquidation plan), which is intended to facilitate the liquidity of real estate and to simplify the fund-raising procedures.
TMI real estate lawyers have expertise in advising on a broad span of real estate practices, such as real estate acquisitions and dispositions, construction transactions, real estate structured finance, real estate development, leasing transactions, environmental issues, due diligence, regulatory advice, and taxation. The team has undertaken important roles in various real estate transactions. To name but a few, the firm has represented foreign investors in negotiating with Japanese financial institutions on the terms of leveraged financial arrangements. It has advised foreign embassies for PFI projects to make acquisitions, construction, or renovations of embassy facilities. The lawyers also have played a key role and led successful mergers of J-REITs, which include the first M&A transaction of a J-REIT.
The firm’s real estate practice team and litigation practice team also provide strategic advice on, and represent clients in, many real estate disputes. Reflecting the broad range of TMI Associates’ coverage, it represents major corporations, real estate brokers, construction companies, banks and other financial institutions, trust companies, real estate fund operators, pension fund and other equity investors.