Real estate M&A is the acquisition of shares in the seller's company by the buyer for the purpose of owning real estate. The meaning of "real estate M&A" is different from that of "M&A in the real estate industry. By acquiring shares in the seller's company, the buyer can own the company's real estate. In general, this reduces the tax burden on the acquisition of real estate.
However, in a real estate M&A, the company that owns the real estate is also the subject of the transfer, so the assets and liabilities of that company, as well as things related to the company like employees, are the subject of the real estate M&A transaction. In some cases, unexpected problems may arise when taking over a business, such as off-balance-sheet liabilities. Therefore, conducting real estate M&A through an intermediary company that is unfamiliar with real estate M&A entails a great deal of risk, especially for the buyer.