Development projects require layered legal and financial procedures: feasibility, permits and approvals, financing structures, and stakeholder coordination. Large assets such as logistics centers, data centers, residential complexes, hotels, and mixed-use facilities involve multiple parties and complex central and local permitting under planning, building, environmental, and traffic laws. If legal risks are not identified and controlled, schedules slip, financing costs rise, permits can be denied, and investments can be lost. Systematic legal review from the outset is essential.

With extensive experience in domestic and cross-border projects, LK PARTNERS supports the full cycle from initial feasibility to permitting, contracting, financing structures, and dispute prevention and resolution. We tailor strategies by asset type, analyze regulations and interests, optimize structures, secure approvals, arrange funding, and manage risks. We coordinate among developers, contractors, trustees, lenders, and investors, support contract execution, and establish prevention and response systems that keep projects on track and protect returns.

• Structural and legal review at the planning stage
• Advisory on building and development permits and approvals
• Transaction structuring for land acquisition, sales, and leasing
• Stakeholder alignment among developers, contractors, lenders, and investors
• Financing structure design and funding advisory
• Risk audits and dispute-prevention advisory

• Advisory on Yongin Pogok logistics complex and Yongin Baekbong-ri logistics center developments
• Advisory on Ansan Sihwa Industrial Complex data center (80 MW) and Incheon data center (120 MW)
• Advisory on Songdo Homeplus (Incheon), Tongyeong LNG power plant, Busan Myeongji district, and high-end residences in Seoul’s three Gangnam districts
• Advisory on acquisition and development of major hotels in Seoul
• Comprehensive advisory on corporate innovation parks, urban development projects, and large industrial complexes
• Advisory on Busan Oncheon-dong public-supported private rental housing project
• Advisory on Incheon Dongchun District 2 residential development
• Numerous large residential, industrial, and urban development mandates
• Advisory on development and transactions of major office buildings, including Samsung Fire headquarters in Seoul and Incheon
• Advisory on land and plant developments within domestic and foreign real-estate transaction permit zones

Redevelopment and reconstruction are high-complexity projects at the intersection of multiple statutes, including the Urban Renewal Act, Building Act, and Housing Act. Association members, developers, contractors, municipalities, and lenders participate at each step. If legal risks are not precisely managed during association establishment, committee operations, permitting, contractor selection, project implementation approval, and management and disposition plan approval, projects face delays, disputes, and member losses.

We provide comprehensive support from initial planning and legal structuring to association governance, contractor contracts, permitting, and dispute prevention and resolution. We ensure lawful decision-making, protect member rights, coordinate interests, and handle administrative appeals and litigation to keep projects stable and on course.

• Planning and initiation
  Review of district designation, promotion committee formation and approval
  Association establishment approval and inaugural general meeting support
  Legal review of bylaws, regulations, and foundational documents

• Association operations and contracts
  Advisory on general meeting and board procedures
  Review and negotiation of contracts with contractors, professional managers, trustees, and lenders
  Legal structuring of service, construction, and financing agreements

• Permitting and sales
  Responses for project implementation approval and management and disposition plan approval
  Advisory on sales planning and member contributions

• Dispute prevention and response
  Coordination among members, developers, and contractors
  Advisory and litigation on management and disposition plans
  Disputes over membership qualification, validity of resolutions, and construction contracts
  Administrative appeals and civil actions related to redevelopment

• Advisory on reconstruction of Suseo Shindong-A and Noryangjin Bondong Shindong-A Apartments
• Advisory on Bucheon Goean-3D redevelopment
• Advisory on Gangnam-area reconstruction association establishment and operations
• Litigation on management and disposition plan disputes and wins in administrative cases
• Advisory to Banghwa-5 Promotion Zone, Jangam Living Zone 4, and Jongam-dong Gaeunsan-maeul street-housing associations
• Litigation on pre-sale rights for Noryangjin Zones 8 and 5, Bangbae Zone 6, Susaek Zone 13, Galhyeon Zone 1, and others
• Administrative and civil advisory on multiple Noryangjin Shindong-A projects

Success in large developments depends on financing design and risk control. PF, refinancing, and investor onboarding require coordination among lenders, developers, contractors, and investors. Legal risk management is required at every stage. PF carries high risk over long horizons. Without precise structuring of contracts, security, cash management, investor protections, risk allocation, and controls, projects face delays, liquidity stress, and losses.

Based on mandates for extra-large projects such as data centers, logistics hubs, and residential or mixed-use developments, LK PARTNERS supports PF structure design, financing and contracting, security and investor-protection frameworks, and more. We have experience with PFVs, REITs, and real estate funds. We deliver regulatory responses, tax optimization, investor protections, risk-sharing mechanisms, and cash-flow controls.

• PF structuring and contracts
  Design of rights and relationships among lender syndicates, developers, and contractors
  Review and negotiation of loan agreements, trust-security agreements, and cash-management agreements
  SPC (PFV) establishment, capital contributions, and equity structure design

• Refinancing and capital re-profiling
  Analysis of existing PF and alternative funding options
  Renegotiation support among lenders and investors
  Advisory on debt assumption, guarantees, collateral substitution, and restructuring

• Negotiations among investors, lenders, and developers
  Review of investment, subscription, and co-investment agreements
  Design of investor protections and distribution waterfalls
  Review of lender risk controls and guarantee requirements

• Security creation and management
  Structuring and execution of trust security, mortgages, pledges, and assignment security
  Enforcement and priority disputes

• Risk audits and dispute prevention
  Legal due diligence on PF frameworks
  Pre-emptive checks on non-performance risks among lenders, developers, and contractors
  Strategies for restructuring and dispute response when PF distress occurs

• Multiple structured-finance and PF mandates, establishment and operation of PFVs, REFs, and REITs
• Due diligence and transaction-structure advisory for ESR Kendall Square REIT IPO
• Design and legal review of large domestic and cross-border refinancing structures
• Establishment and operation advisory for PFVs for industrial and logistics complexes

Real estate corporate and asset M&A combines legal, tax, accounting, regulatory, and financing issues. Deal structures determine tax burden, funding methods, regulatory approvals, closing certainty, and returns. Systematic risk analysis and legal certainty are essential from the outset. Large deals require risk identification through legal, financial, and tax due diligence, negotiation of SPAs and asset or business transfer agreements, regulatory and permitting responses, and financing design. Without expert legal counsel, delays, tax risk, compliance failures, and losses can follow.

With experience in domestic and cross-border acquisitions and disposals using REITs, PFVs, and fund vehicles, LK PARTNERS delivers stable, effective legal services from early structuring to signing, approvals, lender coordination, and post-merger integration. We advise inbound investors into Korea and Korean buyers on outbound assets, coordinating complex interests while managing risk.

• Corporate and asset M&A advisory
  Deal structuring and legal feasibility
  Drafting and execution support for SPAs, APAs, and ASAs

• Due diligence and risk management
  Legal, financial, and tax due diligence and key risk identification
  Translation of findings into terms and protective provisions

• Execution and regulatory
  Permits and foreign investment filings, antitrust and financial-regulatory review
  Lender coordination, financing, and security structuring

• Post-merger integration support
  Post-acquisition entity and asset integration and governance
  Re-design of control and cash-flow frameworks

• Advisory on forward purchases of logistics centers in Incheon Wonchang-dong and Icheon, Gyeonggi
• Advisory on Nangcheongna logistics asset deal and transactions for Samsung Fire HQ buildings in Seoul and Incheon
• Advisory on acquisition and structured purchase of large commercial buildings in Seoul
• Major M&A mandates including MBK Partners’ acquisition of Homeplus, Lazard Korea share acquisition, and sale of the Burger King business unit
• Due diligence and transaction-structure advisory for ESR Kendall Square REIT IPO

Risk profiles vary by country based on permits, tax regimes, foreign-exchange controls, and partnership structures. For large acquisitions and developments, lack of mastery of local law and international norms leads to losses, delays, and compliance failures. LK PARTNERS provides solutions for overseas developments, acquisitions, joint-venture contracts, and cross-border M&A. We review local permitting, tax and FX issues, investment structures, and contracts across the deal cycle, and handle international arbitration and foreign disputes when needed. We also support inbound investments into Korea and outbound investments by Korean companies, coordinating with foreign law firms, accounting firms, and financial institutions.

• Permits for overseas developments
  Review of local requirements and procedures
  Legal feasibility of structures and regulatory risk analysis

• Investment structures and contracts
  Investor protections and distribution design Funding, FX control, and tax impact reviews

• Joint-venture agreements
  JV formation and operating agreements, SPA and ASA drafting and negotiation

• International dispute prevention and risk management
  Strategies for arbitration at ICC, SIAC, HKIAC, and others
  Advisory on investment treaty risk analysis and mitigation

• Advisory on UK Amazon logistics development and acquisition of a major New York office building
• Advisory on acquisition of REIT income securities backed by U.S. hotel assets
• Advisory on Lotte E&C’s Vietnam logistics warehouse site acquisition and development
• Advisory on Vietnam investments by Korean PEFs and on overseas financings with Shinhan and Hana Bank
• Overseas expansion and investment advisory for Nexon Networks, NHN Comico, Lotte E&C, and Hanjin
• Advisory on Vietnam housing-development financing for Daewoo E&C
• Advisory on Samsung SDS Vietnam logistics JVC establishment

Disputes arise in leasing, sales, trusts, PF, and redevelopment contexts. These are not simple conflicts of interest. They threaten delays, stoppages, losses, and the spread of financial risk. Legal response must be paired with structural and strategic judgment. We handle large development disputes, lease and sale conflicts, association disputes in redevelopment and reconstruction, and PF-related civil and criminal matters. We deliver full-cycle support from pre-risk diagnostics and litigation through recovery and restructuring. We design tailored strategies aligned to clients’ business structures and, when needed, deploy provisional measures such as attachments and injunctions. We also use ADR such as arbitration and mediation for efficient, cost-effective outcomes.

• Transaction disputes
  Civil litigation on leases, sales, pre-sales, and trust agreements
  Advisory on rescission, enforcement, and damages

• PF and finance disputes
  Civil and criminal litigation on PF disbursements and settlements
  Contract disputes among lenders, developers, and contractors

• Redevelopment and reconstruction disputes
  Litigation among members, contractors, and developers
  Actions on resolutions, association governance, and construction contracts

• Provisional measures and urgent relief
  Attachments and injunctions to preserve rights
  On-site possession, obstruction, and enforcement support

• Counsel in large damages litigation between contractor and developer for Ulsan UpSquare mall
• Bundang Seoyoung Building fire damages litigation
• Civil and criminal litigation on fires at Hwado Homeplus and Yangji SLC logistics center
• Wins in major retail lease disputes and defense in PF-related damages suits
• Civil actions for apartment defects, building and land delivery, and service-fee recovery
• Multiple disputes involving redevelopment and reconstruction associations
• Provisional remedy cases including attachments and injunctions

Real estate responds to macro conditions, policy, and market volatility. Timing and structure drive returns and risk. For large domestic and cross-border developments, complex portfolios, and capital investments using REITs, PFVs, and funds, stable outcomes require integrated analysis across markets, structures, tax, accounting, and regulation. With deep experience in real estate, structured finance, and investments, we align interests among investors, developers, and lenders. We design capital structures, risk-sharing mechanisms, distribution frameworks, and regulatory and tax optimization plans.

Beyond legal review, LK PARTNERS delivers performance-oriented legal solutions across planning, execution, and management. With a global network, we support outbound and cross-border transactions and combine legal services with tax and accounting advice to achieve stable, predictable returns.

• Strategy and execution
  Market analysis and investment feasibility
  Legal and tax efficiency analysis of investment structures

• Structure design and legal advisory
  REIT, PFV, and fund structuring, operating-agreement review
  Advisory on subscription, trust, and finance agreements

• Risk diagnostics and response
  Pre-deal tax, regulatory, and legal risk reviews and mitigation plans
  Post-investment asset management and risk monitoring

• Integrated tax and accounting advisory
  Holistic structuring with a CPA-turned managing partner and tax professionals
  Enterprise risk-management frameworks for investors and corporates

• Strategy consulting for complex domestic and cross-border developments
• Advisory on investment structures for large Korean real estate funds
• Overseas investment and financing advisory for major corporations including Mirae Asset, CJ Freshway, and Samsung SDS
• Risk reviews and return design for overseas REIT and fund investments
• Outbound mandates including U.S. hotel REIT transactions, New York office acquisition, and UK Amazon logistics development
• Advisory on large outbound and cross-border real estate investment structures