Goodwin: Law Firm Triumphs at PERE Awards for Excellence in Real Estate Fund Formation

Deal News | Mar 03, 2025 | Goodwin

Goodwin has been recognized as the 2024 Law Firm of the Year for Real Estate Fund Formation in Europe by the PERE Global Awards. These awards have a long-standing history of identifying top firms, funds, and transactions in the private real estate sector. Goodwin, with over 1,000 investment management clients, is a noted leader, particularly with the PERE 100 for fund formations and related transactions. The firm's European practice is centrally ingrained with expertise, spanning across London, Paris, Luxembourg, and Frankfurt, with a rich history of successful fund formulations. Goodwin's notable recent projects include advising Ares Management’s European Real Estate Fund VI, the closing of Patron Capital, L.P. VII, and BGO’s Europe IV Value Add Strategy — cumulatively amassing substantial fund raises, affirming their formidable presence in Europe's real estate sector.

Sectors

  • Real Estate
  • Legal Services

Geography

  • Europe – Goodwin's operations and significant recognitions are focused on the European real estate market, including several fund closings across Western Europe.

Industry

  • Real Estate – The article focuses on achievements in real estate fund formation, key transactions, and investments.
  • Legal Services – Goodwin is highlighted for its legal advisory role, particularly in forming real estate investment funds.

Financials

  • 2.24 billion – Amount raised by Ares European Real Estate Fund VI, the largest real estate fund focusing on Europe in 2024.
  • 860 million – Funds raised by Patron Capital’s seventh flagship fund, including co-investment capital.
  • 1.98 billion – Aggregate capital raised by BGO for its Europe IV Value Add Strategy.
  • 520 million – Co-investment capital included in BGO’s Europe IV Value Add Strategy.

Participants

NameRoleTypeDescription
GoodwinLaw FirmCompanyA premier law firm recognized for its expertise in real estate fund formation.
PERE Global AwardsAwarding BodyCompanyAn organization that identifies leading firms and transactions in the private real estate industry.
Ares ManagementClientCompanyA client advised by Goodwin on its sixth Europe-focused opportunity fund.
Patron CapitalClientCompanyA client advised by Goodwin on its flagship fund, specializing in distressed and undervalued investments.
BGOClientCompanyA client for whom Goodwin advised on fundraising for its Europe IV Value Add Strategy.