International law firm King & Spalding has opened an office in Frankfurt in response to what the company sees as the growing demand for legal services in the areas of real estate capital markets, finance, corporate and tax. The office will focus initially on extending the firm's real estate capacity in Europe and the UK before growing to 'full-service' status.
International law firm King & Spalding has opened an office in Frankfurt in response to what the company sees as the growing demand for legal services in the areas of real estate capital markets, finance, corporate and tax. The office will focus initially on extending the firm's real estate capacity in Europe and the UK before growing to 'full-service' status.
This is the fourth new office opened by the law firm in the past year and its ninth worldwide location. Chairman Robert Hays said: 'Our lawyers have been handling real estate matters for German-based clients for 30 years. With the tremendous surge of activity in the high-end commercial property market in Europe, including the UK, brought on by extensive migration of property stock into international investment vehicles, we believe the timing is right for King & Spalding to have a significant presence in Germany, Europe's largest economy, to allow us to serve our clients throughout Europe.'
The majority of King & Spalding's European clients and many of its US clients are concentrating their real estate investments in Europe.
