About
Joey Patchitt is a Counsel in Freshfields’ Private Equity Real Estate practice, based in London. He advises a broad range of investors on complex UK and European real estate transactions, with a particular focus on direct and indirect acquisitions and disposals, real estate joint ventures, and real estate M&A.
His experience spans a variety of asset classes central to today’s market, including data centres and digital infrastructure, the living sectors (including student accommodation, build-to-rent and senior living), prime offices, industrial and logistics, healthcare and life sciences real estate, as well as hotels, retail and leisure.
Joey is known for his commercial acumen and ability to deliver clear, actionable advice on complex real estate transactions. He is particularly valued for advising across the full spectrum of real estate transaction types and structures, providing integrated advice on sophisticated and multi-layered deals involving joint ventures, direct and indirect acquisitions and disposals, financings and sale-and-leaseback arrangements, in both distressed and non-distressed contexts.
Joey's experience includes advising:
- The Baupost Group on a £900 million joint venture acquisition, together with KKR as its 50:50 partner, of a portfolio of 33 Marriott hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority.
- APG on its joint venture with Unibail-Rodamco-Westfield (URW) relating to the £1bn St James Quarter in Edinburgh, a mixed-use scheme comprising one of the UK's leading shopping centre destinations.
- Brookfield, alongside its operator and manager, Copley Point Capital, on:
- a £125 million JV recapitalization of three big-box distribution from Tritax Big Box REIT.
- the joint venture aspects of its acquisition of three warehouses at Heathrow airport.
- Sixth Street on its UK and European real estate acquisitions and investments, including a new 50/50 joint venture with Starwood Capital to invest in a €258 million Italian retail portfolio comprising 13 assets held by shopping centre developer IGD as well as other domestic and cross-border joint ventures.
- Atlas Edge, a leading pan-European Edge data centre provider and joint venture between Liberty Global and Digital Bridge on various matters including financing arrangements to support its construction of new data centres in Portugal.
- Bridgepoint on the acquisition of Fera Science, a life sciences company operating a national and international centre of excellence for interdisciplinary investigation and problem solving across plant and bee health, crop protection, sustainable agriculture, food and feed quality and chemical safety in the environment.
- A PERE Fund on its tenant credit sale and leaseback of a portfolio of special educational needs schools with a leading institutional landlord.
- A global pharmaceutical company on its acquisition of a distressed UK-based real estate life science research and manufacturing facility.
- A tier 1 investment bank on a joint venture co-investment for a c.£300m London-based redevelopment scheme.
- A global real estate investment firm on a series of direct and indirect acquisitions and financings of UK-based residential and holiday park businesses.
- A pension fund on the pre-let development of a hotel.
- A pension fund on the forward funding golden brick acquisition of a UK build-to-rent development.
- The administrators on the distressed pre-pack sale of a well-known high-street retailer.
- A pension fund on various real estate acquisitions, disposals and financings across numerous asset classes, including office buildings, supermarkets and a shopping centre.
Please note this includes experience at previous firms.
Joey Patchitt
100 Bishopsgate