Paddy Hennessy advises clients on corporate real estate and real estate private equity transactions across the UK, Europe, and Asia.

Paddy draws on more than 20 years of experience to guide private companies, global real estate investment funds, and private equity firms through high-value, cross-border transactions involving:

  • Acquisitions, disposals, and leveraged buyouts 
  • Joint ventures and co-investment structures 
  • Data center acquisitions and joint ventures 
  • Management equity plans

A trusted advisor, Paddy brings a relationship-driven, commercial approach to clients' most complex transactions. He regularly advises clients on joint ventures with third-party capital providers to develop large-scale, multi-year real estate projects in the UK and Europe.

Before joining Latham, Paddy was a partner at another global law firm.

Paddy’s experience prior to joining Latham includes advising:

  • Brookfield Asset Management on:
    • Acquiring 19 student housing portfolios across Spain and Portugal and related joint venture arrangements
    • Its €1.2 billion sale of the Iberian PBSA Livensa Living portfolio to Nido Living
    • Acquiring the Gazeley logistics business and its subsequent €2.5 billion disposal to Global Logistics Properties
    • Acquiring Center Parcs, as well as on ongoing management and ownership matters
    • Establishing a multi-tiered joint venture to facilitate the acquisition of an iconic London office building
    • A programmatic JV to acquire logistics and industrial assets across CEE
    • Establishing a programmatic joint venture to acquire a UK portfolio of multi-family homes and single-family homes
    • Acquiring a portfolio of boutique hotels across Europe
    • Acquiring a controlling interest in a group of French companies comprising a student housing business, a hotel apartment operator business, and a construction and developer business, as well as on implementing related management incentive plans
    • Renegotiating shareholders’ agreements relating to the holding structure of a French student housing company, hotel apartment operator, and construction company
    • Establishing a programmatic joint venture investing in French logistics and industrial assets
    • The programmatic joint venture with Panattoni to acquire and develop assets in numerous jurisdictions
    • Acquiring Temprano Capital Partners and implementing related management incentive plans
  • Apollo Global Management on:
    • Acquiring Gatehouse Living Group, a vertically integrated UK residential investment and management platform, as well as on implementing the related management incentives scheme arrangements
    • The take-private of Atlantic Leaf, a South African and Mauritian dual-listed company owning an extensive portfolio of UK industrial real estate assets
    • Selling the majority of the Atlantic Leaf portfolio to third-party logistics investors
    • Its proposed acquisition of a portfolio of companies to create and manage a residential property platform
    • Its proposed auction sale of a portfolio of hotels located throughout the UK
    • Acquiring a portfolio of UK real estate assets from receivers for £310 million
  • Centerbridge Partners on:
    • Acquisition and joint venture arrangements for a portfolio of boutique hotels in Belgium and Holland, and on implementing related management incentive plans
    • Acquisition and joint venture arrangements for a portfolio of industrial open-storage assets across Europe
    • Acquiring a portfolio of logistics assets in Germany, the UK, Switzerland, Poland, and Hungary
    • Establishing a joint venture to acquire a business park in the UK (via the purchase of the property holding vehicles) and implementing associated incentive arrangements
    • Refinancing M7 Real Estate Limited’s external debt facilities
    • Acquiring various property holding companies in Europe
  • Related Argent on:
    • A joint venture in relation to the first major phase of an £8 billion development at Brent Cross Town, a new town in North London
    • Its joint venture with Invesco Real Estate to deliver £600 million of gross development value at the £8 billion Brent Cross Town (London) project
    • Its joint venture with NTT to create a BTR and MFS scheme at the £8 billion Brent Cross Town (London) project
    • Its joint venture with NTT to create the fourth BTR scheme at the £8 billion Brent Cross Town (London) project
    • Its joint venture with The Olayan Group for the BTR development in the UK at the Triangle Site on York Way, part of the King’s Cross Estate in London
    • The business transfer and acquisition arrangements for the business and operations of King’s Cross, London
    • The proposed disposal of certain high-profile residential sites in the UK (via property holding companies)
    • Restructuring the funding arrangements for the Argent Related joint venture
    • Various group governance and management incentive arrangements
  • Blue Owl Digital Infrastructure (previously IPI Partners) on:
    • Acquiring Supernap Italia, the owner of a portfolio of data centers in Italy
    • Acquiring (and implementing joint venture arrangements relating to) Safe Host, the owner of a portfolio of data centers in Switzerland
    • A proposed joint venture with a Spain-based asset manager to create a programmatic data center portfolio in Spain
    • A proposed joint venture with a UK-based asset manager to create a programmatic data center portfolio in the UK
    • A proposed joint venture with a France-based asset manager to create a programmatic data center portfolio in France
    • A proposed joint venture with a Denmark-based asset manager to create a programmatic data center portfolio in the Nordics
    • The proposed sale of an Italian portfolio of data centers to a continuation vehicle
  • Trinity Investments on:
    • Acquiring The Standard Hotel (London) from Crosstree
    • Acquiring The Hoxton Hotel (Barcelona)
    • Proposed joint venture arrangements in connection with establishing its European operations
  • Reef + Partners on:
    • Its joint venture arrangements with a sovereign wealth fund in connection with acquiring a London public square and subsequent development of a state-of-the-art healthcare facility
    • Its proposed venture and management arrangements relating to aa business and science park in the UK
  • Realty Income on:
    • Acquiring a portfolio of supermarkets and other UK commercial properties
    • Acquiring a portfolio of companies owning Tesco supermarkets in the UK
    • Acquiring a portfolio of companies owning B&Q superstores in the UK
    • Various joint venture arrangements to develop assets in various European jurisdictions, including the UK, Germany, and Italy

Bar Qualification

  • England and Wales (Solicitor)

Education

  • LPC, Oxford Institute of Legal Practice, 2003
    with distinction
  • LLB, University of Southampton, 2002