Real estate in Venezuela

Araquereyna

The construction and real estate team at Araquereyna provides legal advice to clients on the design and execution of real estate developments, alongside advising on the acquisition of real estate and execution of construction contracts. The firm also assists clients in the hotel sector with all legal matters related to hotel management and operations, as well as participating in various trade associations such as the Construction Chamber and the Real Estate Committee of the Venezuelan-American Chamber of Commerce. Maripi Viso leads the practice, while Manuel Reyna, Juan José Figueroa, Federica Mena and associate Estefanía Lizardo are all key contacts at the firm.

Lega

Lega's dedicated real estate practice group provides advice on large, complex matters, including in relation to the construction, development, leasing, and acquisition and disposition of real estate assets. The firm represents clients in a wide range of industry sectors from infrastructure to services and banking. Juan Enrique Aigster co-heads the practice alongside Mark Melilli-Silva, both of whom handle the structuring of real estate transactions and developments. Aigster is described as having ‘excellent availability, personalised service and negotiating capacity’, while Melilli-Silva is also experienced in real estate litigation and in providing advice to new real estate investors in Venezuela.

Practice head(s):

Juan Enrique Aigster; Mark Melilli-Silva


Testimonials

Lega has been advising us on real estate issues for a decade. The team try at all times to negotiate the best legal and contractual conditions for the client.

The strength of the team is the solid knowledge of its partners in this area. Juan Enrique Aigster stands out for his close relationships with clients, excellent availability, personalised service and negotiating capacity.

Key clients

Asociación Civil Hermanas del Buen Pastor


Bristol Myers Squibb


Moore Stephens Venezuela


Bloomberg


Andrade Gutierrez


Enghenaria


Nouryon


Inversiones 4 Albert’s Sons


EF Educación Idiomas en el Exterior


Work highlights


  • Advised Asociación Civil Hermanas del Buen Pastor on the disposition of a lot in Caracas to a private university.
  • Advised a private client on the renegotiation and termination of lease agreements for several apartments in Caracas.
  • Advised IBM on the lease of office space in the IBM Building in Caracas to Kyndryl Venezuela for its headquarters.

Mendoza, Palacios, Acedo, Borjas, Paez Pumar & Cia.

Mendoza, Palacios, Acedo, Borjas, Paez Pumar & Cia. fields ‘a team of young and dynamic lawyers who complement the experienced partners, with excellent knowledge of real estate law’, who are strong in corporate matters in the real estate sector, including advising Venezuelan construction conglomerates regarding their operations both in Venezuela and abroad. The firm also handles private sector construction projects. Manuel Acedo Sucre, who has experience in complex real estate matters in Venezuela and Aruba, leads the team with Luisa Acedo and Diego Lepervanche, who is active in real estate transactions. Other notable contacts include Luisa Lepervanche, who handles corporate issues in the sector, and María Del Carmen López, who stands out for her work on real estate transactions and litigation.

Practice head(s):

Manuel Acedo Sucre; Luisa Acedo; Diego Lepervanche


Testimonials

The MENPA team is agile and quick to respond and that sets them apart from other law firms.

MENPA has a team of young and dynamic lawyers who complement the experienced partners, with excellent knowledge of real estate law. Manuel Acedo, Luisa Acedo Luisa Lepervanche and Diego Lepervanche stand out.

Key clients

Grupo Perret Ingenieros


Miranda Capital Partners


Corporación Solsica


Corporación La Encantada and affiliates


Grupo Austral


Engelberg Transportes Internacionales (ENTRA)


Work highlights


  • Advised Grupo Perret on its activities in Venezuela and Aruba, including the corporate structuring, development and sale of residential, leisure and office real estate projects.
  • Advised Corporación Solsica on issues relating to its installations, storage and office spaces, including reviewing, drafting and negotiating the rental contracts of offices and storages areas.
  • Advising Grupo Perret and Grupo Austral regarding the award-winning Torre Cinética construction project in Caracas.

Baker & McKenzie, S.C.

Baker & McKenzie, S.C.'s real estate practice benefits from its multi-jurisdictional presence when advising clients in the Venezuelan market on navigating their real estate projects through the backdrop of the US sanctions. The team is skilled in acquisitions, disposals and developments involving single real estate assets and portfolios, alongside advising on exchange control issues and M&A in the real estate sector. Practice head Gabriel De Jesús has advised multinational companies and individuals on the acquisition of real properties, the execution and termination of lease agreements, and service agreements related to all real estate activities.

Practice head(s):

Gabriel De Jesús


Key clients

Procter & Gamble


Transporte Marítimo Maersk Venezuela


Inversiones MFCV


Daimler Colombia


Trane ServiceFirst (Ingersoll Rand Company)


D'Empaire

D'Empaire advises on real estate-related transactions such as the purchase, sale, construction, financing and development of various real estate projects, including industrial facilities, retail stores, hotels, shopping malls and office buildings. Clients include private equity firms and real estate investment funds. Inés Parra and Roberto Mas sit at the head of the practice and handle complex real estate transactions.

Practice head(s):

Inés Parra; Roberto Mas


Key clients

V6 Holdings


Calox International


Work highlights


  • Advised V6 Holdings on the establishment of Wave 2.0, Venezuela’s largest and most sophisticated tech hub and co-working space.
  • Advising Calox International on the acquisition of real estate properties, including a production facility, from Pfizer in the context of its acquisition of Pfizer’s Venezuelan operation.

Dentons

International law firm Dentons frequently draws on its global network of offices to provide advice on real estate investments, as well as lease agreements and corporate matters, M&A and reorganisations in the real estate sector. Ramón Alvins brings his extensive experience as head of the dispute resolution department to real estate-related litigation; Sergio Casinelli advises clients on real estate matters including asset transfers and leases; Natalija Vojvodic has expertise in corporate matters in the real estate space; and Daniela Jaimes stands out for her work assisting local and international companies on lease issues.

Practice head(s):

Ramón Alvins; Sergio Casinelli; Daniela Jaimes; Natalija Vojvodic


Testimonials

Dentons’ strengths are the experience and background of the team members, the transparent and honest billing, and the high level of knowledge in the area of real estate law. They deliver high-quality customer service.

Our contact at Dentons is Natalija Vojvodic, who is an excellent professional with fast and effective delivery, which adapts to our current and future needs.