Robert Porter
Robert Porter leads Skadden’s European private equity real estate initiative. He has more than 30 years of experience in the real estate sector, advising private equity real estate firms, sovereign funds, public and private real estate investment trusts (REITs) and financial institutions on U.K., European and Middle Eastern joint ventures, real estate M&A, equity financings, real estate funds, sales, leasebacks and other structured transactions.

Bio

Mr. Porter has been frequently listed for inclusion in both Chambers UK and The Legal 500 UK. According to Chambers UK, clients describe him as an “excellent, commercial lawyer and great at managing transactions” who is “technically flawless, commercially pragmatic and well versed in related tax and corporate law.”

Mr. Porter’s experience prior to joining Skadden in June 2016 includes advising:

Joint Venture and Real Estate M&A Transactions

  • a Middle East sovereign wealth fund in relation to the restructuring of its global hotel portfolio, various acquisitions of both single assets and a majority interest in a global hotel operator;
  • Starwood Capital in a number of multi-jurisdictional sales, joint ventures and restructurings;
  • M7 Real Estate Ltd in multi-jurisdictional joint ventures and acquisition structures;
  • King Street in relation to joint venture developments in Europe;
  • a sovereign fund in relation to multi-jurisdictional acquisitions and restructurings;
  • HBOS’s equity investments in a number of European property investment structures and joint ventures including the Marcol Group Aim and Invista;
  • Marcol Group in the restructuring and disposal programme of part of their European portfolio;
  • Brixton Plc in its £600 million acquisition of Industrious and its subsequent disposal programme;
  • a joint venture for the creation of King Abdullah Economic City Saudi Arabia;
  • numerous other clients in joint ventures including advising RBS, Heron Corporation and Lendlease;

Funds and REITs

  • numerous clients (most often the sponsors), in European and pan-European fund establishment, including M7 Real Estate Ltd, GE, REEFF, HBOS, Pramerica, Corestate Capital, JER Partners, Standard Life, Natixis, RBS, JP Morgan and Internos;
  • Invista and HBOS in the structuring and establishment of Invista European Real Estate Trust, which was described as the first pan-European REIT. The advice included taking it from a privately held Luxembourg investment platform to being listed on the main market of the London Stock Exchange;
  • The National Bank of Greece as sponsor in the establishment of a Greek REIT that was seeded by a sale and leaseback programme of a number of its offices and bank branches;
  • Lend Lease Real Estate Investments in relation to the restructuring of the £800 million Lend Lease Retail Partnership;
  • Pramerica Real Estate Investors and Mubadala in the structure and establishment of a pan-Gulf real estate fund that could accommodate both Sharia-compliant and non-Sharia-compliant investors; and

Sale and Leaseback and Other Structured Transactions

  • on a number of securitisation sale and leaseback programmes, including those for Tesco, Safeway, Mitchells & Butler and Terra Firma in relation to the sale and leaseback of the Le Meridian Hotel portfolio, which financed its acquisition; and
  • RBS in relation to the financing of sale and leaseback structures in the health care sector.

Credentials

Education

  • Law Society Finals (1981-1982)
  • College of Law, Guildford

Admissions

  • Solicitor, England & Wales

Robert Porter

Of Counsel, Real Estate; Private Equity
robert.porter@skadden.com