Commercial Real Estate

As our clients navigate the unique challenges of the real estate industry, our multidisciplinary commercial real estate team blends global expertise with local insight to find solutions.

Partnering with clients is key to our approach. We take the time to learn who they are and how they define success, building Real Relationships. Building these long-term relationships is at the core of our service and many of our clients have trusted us with their real estate needs for decades.

With extensive experience negotiating from both sides of the table, we have worked across every real estate asset class, including office, residential, hospitality, retail, data centers, industrial and mixed-use. We are adept at managing all types of transactions, large and small, from structuring and joint ventures, acquisitions, financing and developments, (including planning, environmental and construction), through to leasing, management and disposal. This provides us with Real Perspective on the issues that our clients are facing, helping us identify optimum deal structures that minimize risk and maximize return.

Operating across the US, Europe, the Middle East and Asia, we have Real Reach, and advise on the local impact of macro trends, wherever our clients find us. Our 600+ real estate experts operate from 31 offices globally - from London and Riyadh to Frankfurt and New York. Consistently recognized by prestigious industry bodies, such as Legal 500 and Chambers, our teams not only advise on deals and projects in their local jurisdictions, but collaborate internationally to advise clients on their cross-border deals.

Recent developments

BCLP corporate occupier team completes London pre-let for accountancy firm BDO
BCLP advises Get Living on the financing of New Maker Yards, Greater Manchester
BCLP Advises Pembroke on Acquisition of The Lark, Nine Elms
News
BCLP advises The Crown Estate on a £24bn landmark joint venture with Lendlease
News
BCLP advises Victory Group on its acquisition of 103 – 105 Jermyn Street, London
Awards
BCLP Managing Partner Heather Boelens Named to ColoradoBiz 2025 Power List
News
BCLP advise GPE on acquisition of West End HQ development opportunity
News
BCLP Advises on Financing of Solar Projects for CIBC
News
BCLP Partner Lawyer Featured in Commercial Real Estate Finance Council Women’s Spotlight

Discover our latest insights

Insights
Jan 08, 2025

Energy Performance of Buildings regime - MHCLG and DESNZ set out ambitious targets in a new consultation building on the previous MEES consultations

The UK government has launched a consultation to reform the Energy Performance of Buildings (EPB) regime, a crucial step towards achieving the nation’s ambitious net-zero targets by 2050. This extensive consultation, which runs until 26 February 2025, seeks to gather input on several key areas of the EPB framework. Here, we delve into the background leading up to this consultation, the key areas being consulted on, and likely next steps.
Insights
Oct 17, 2024

Hong Kong SAR Policy Address 2024

The Policy Address 2024 of Hong Kong was delivered by the Chief Executive on 16 October 2024 (the “Policy Address”). Among a series of reforms aimed at rejuvenating the city’s economy and enhancing residents’ livelihood, the Government has introduced initiatives to address housing affordability issues, promoting integrated development of culture, sports, and tourism, and building Hong Kong into an international hub for high-calibre talents. We will focus on these keynote policies from the Policy Address and set out in this article a list of key highlights involving the real estate and infrastructure sectors.
Insights
Apr 10, 2024

The right-sizing of commercial leases in Hong Kong SAR and Mainland China

In Hong Kong SAR and in Mainland China, we have observed an increase in the relative bargaining power of office tenants to negotiate their leases. A variety of factors, including a stronger supply of new office buildings and more negative economic sentiment among office tenants, have contributed to the evolution of landlord-tenant dynamics.
Insights
Apr 24, 2023

Time for the Coronation?

In this BCLP Insight, Thomas Haller considers whether the Coronation may entitle contractors to an extension of time under the JCT form of contract.
Insights
Apr 17, 2023

Improving liquidity for Asian real estate investors - Part 3

A common route for property owners to effect divestiture of their real estate assets to de-risk their investments and to improve liquidity is to sell down part of the asset and form a joint venture with the buyer. Alternatively (or as a hybrid), an owner may sell the whole or part of its properties – but on the basis that it receives a lease back immediately on completion so that it can continue to use the property (or properties). In this third article in our “Improving Liquidity for Asian Real Estate Investors” series, we explore sale and leaseback arrangements and how these arrangements can help de-risk investments and provide liquidity for real estate investors in Asia. In case you missed them, you may be interested in Part 1 and Part 2 in the series which examined the key issues that Asian real estate investors should consider if they are contemplating a partial sale and entering into a joint venture with a new capital or operating partner. 
Insights
Apr 11, 2023

Improving liquidity for Asian real estate investors - Part 2

In this second article (in our three part series which explores joint venture and sale and leaseback arrangements for Asian real estate investors), we examine some of the key economic considerations that investors should bear in mind when considering selling down interests and forming a joint venture (JV) involving Asian real estate: (i) funding, (ii) distributions and waterfalls and (iii) exit mechanisms.   In case you missed it, the first article in the series 'Improving liquidity for Asian real estate investors - Part 1' where we discussed some of the other key JV considerations for Asian real estate investors (e.g. structure, governance and control, conflict of interests and deadlock) is available for you to read.

Discover our latest insights

Insights
Jan 08, 2025
Energy Performance of Buildings regime - MHCLG and DESNZ set out ambitious targets in a new consultation building on the previous MEES consultations
The UK government has launched a consultation to reform the Energy Performance of Buildings (EPB) regime, a crucial step towards achieving the nation’s ambitious net-zero targets by 2050. This extensive consultation, which runs until 26 February 2025, seeks to gather input on several key areas of the EPB framework. Here, we delve into the background leading up to this consultation, the key areas being consulted on, and likely next steps.
Insights
Dec 19, 2024
Briefcase 2024 Quarter 4: Key Real Estate Cases and Updates
Insights
Dec 09, 2024
New York City council adopts significant zoning changes under city of yes for housing opportunity
Insights
Oct 17, 2024
Hong Kong SAR Policy Address 2024
The Policy Address 2024 of Hong Kong was delivered by the Chief Executive on 16 October 2024 (the “Policy Address”). Among a series of reforms aimed at rejuvenating the city’s economy and enhancing residents’ livelihood, the Government has introduced initiatives to address housing affordability issues, promoting integrated development of culture, sports, and tourism, and building Hong Kong into an international hub for high-calibre talents. We will focus on these keynote policies from the Policy Address and set out in this article a list of key highlights involving the real estate and infrastructure sectors.
Insights
Jun 24, 2024
Briefcase 2024 quarter 2: key real estate cases and updates
Insights
Apr 10, 2024
The right-sizing of commercial leases in Hong Kong SAR and Mainland China
In Hong Kong SAR and in Mainland China, we have observed an increase in the relative bargaining power of office tenants to negotiate their leases. A variety of factors, including a stronger supply of new office buildings and more negative economic sentiment among office tenants, have contributed to the evolution of landlord-tenant dynamics.
Insights
Apr 24, 2023
Time for the Coronation?
In this BCLP Insight, Thomas Haller considers whether the Coronation may entitle contractors to an extension of time under the JCT form of contract.
Insights
Apr 17, 2023
Improving liquidity for Asian real estate investors - Part 3
A common route for property owners to effect divestiture of their real estate assets to de-risk their investments and to improve liquidity is to sell down part of the asset and form a joint venture with the buyer. Alternatively (or as a hybrid), an owner may sell the whole or part of its properties – but on the basis that it receives a lease back immediately on completion so that it can continue to use the property (or properties). In this third article in our “Improving Liquidity for Asian Real Estate Investors” series, we explore sale and leaseback arrangements and how these arrangements can help de-risk investments and provide liquidity for real estate investors in Asia. In case you missed them, you may be interested in Part 1 and Part 2 in the series which examined the key issues that Asian real estate investors should consider if they are contemplating a partial sale and entering into a joint venture with a new capital or operating partner. 
Insights
Apr 11, 2023
Improving liquidity for Asian real estate investors - Part 2
In this second article (in our three part series which explores joint venture and sale and leaseback arrangements for Asian real estate investors), we examine some of the key economic considerations that investors should bear in mind when considering selling down interests and forming a joint venture (JV) involving Asian real estate: (i) funding, (ii) distributions and waterfalls and (iii) exit mechanisms.   In case you missed it, the first article in the series 'Improving liquidity for Asian real estate investors - Part 1' where we discussed some of the other key JV considerations for Asian real estate investors (e.g. structure, governance and control, conflict of interests and deadlock) is available for you to read.

Meet our sector leaders

Andrew E. Auerbach

Andrew E. Auerbach

Partner and Regional Leader - Global Real Estate, New York

+1 212 541 1232
Henry Ranchon

Henry Ranchon

Partner and Practice Group Leader - Real Estate France, Paris

+33 (0) 1 44 17 77 62
Andrew E. Auerbach

Andrew E. Auerbach

Partner and Regional Leader - Global Real Estate, New York

+1 212 541 1232
Henry Ranchon

Henry Ranchon

Partner and Practice Group Leader - Real Estate France, Paris

+33 (0) 1 44 17 77 62
Richard Davies

Richard Davies

UAE Managing Partner, Abu Dhabi / Dubai

+971 2 652 0330
Andrew MacGeoch

Andrew MacGeoch

Partner and Head of Asia Real Estate & Infrastructure Group and Global Co-Head of Hospitality & Leisure Group, Singapore / Hong Kong SAR

+65 6571 6625
Roland Fabian

Roland Fabian

Attorney, Berlin

+49 (0) 69 970 861 252