Next Generation Partners

Firms To Watch: Real estate

Estudio Ortiz & Asociados is active in real estate transactions, development and redevelopment projects, public-private initiatives and litigation matters; commercial real estate specialist Carolina Villar heads up the practice.

Real estate in Argentina

Zang, Bergel & Viñes Abogados

Zang, Bergel & Viñes Abogados runs a marquee real estate practice that many major real estate, hotel and construction-industry clients regularly turn to for counsel on real estate transactions, contract structuring, planning and commercialisation matters. Satisfied clients speak of the team’s ‘practical application of the different legal figures offered by the civil code in matters of real estate law’. More recently the firm has also gained prestige for the depth of its real estate disputes practice. Standout practitioner Fernando Aguinaga (‘for one client the lawyer who understands the most about real estate in the market’), has considerable experience across real estate, agribusiness, competition and insurance matters; he co-leads the team alongside real estate-focused corporate and M&A partner Juan Manuel Quintana. Well-reviewed senior associate Inés Poffo leads the second line.

Practice head(s):

Fernando Aguinaga; Juan Manuel Quintana


They have so much experience in real estate operations and great creativity to solve complicated issues. Having worked with many firms I would always choose them again.

‘Fernando Aguinaga is for me the lawyer who understands the most about real estate in the market. He always has a positive attitude and finds business-focused solutions. Working with him, the client feels listened to and knows that he is a strong ally, who justifies the best way to close a deal based on vast knowledge.

Ines Poffo is an excellent professional who is always available and always sharing her extensive knowledge.

Key clients

Austral Gold Argentina

Banco de Crédito y Securitización

Banco Hipotecario

Argentina Fortescue Future Industries

Carlos Casado

Constructora San José


DF Entertainment

Emprendimiento Recoleta

Fenix Entertainment Group

IRSA Inversiones y Representaciones

Radio Victoria Argentina

NH Group Hotels

Ogden Argentina

Unión Argentina de Rugby (UAR)

Werthein Investment Management Group

Grupo Dinal

Work highlights

  • Successfully advised IRSA in an long-running case to secure approval to proceed with a $1.8bn urban development project in Buenos Aires.
  • Advised Grupo Dinal on the legal structuring of an innovative real estate venture in Buenos Aires.
  • Advised IRSA on the purchase of a historic property in a public auction.

Baker McKenzie

Baker McKenzie advises an impressive roster of local and international real estate brokers, construction companies and developers on land purchases, commercial leases, permitting and real estate-related tax and insurance planning. M&A and financing work is also covered, with the team called on by both residential and commercial property clients. The practice is fronted by Alejandra Bugna, who sits on the firm's global real estate steering committee and has worked on a range of transactional, contractual and real estate development projects. Clients also single out M&A partner Martin Roth, who is active on real estate deals, for high praise.

Practice head(s):

Alejandra Bugna


The team is always up to date, with a predisposition to resolve all the issues that arise every day, which in this country are very varied and complex. Different areas work together, allowing them to cover all types of topics.

Our contact at the firm is Martin Roth. The plus is the predisposition, the attention, the quick response, the prolixity in their documents and investigations on the different topics that arise. And that makes the difference vis-a-vis other competitors.‘

My relationship with the Baker McKenzie team, led by Martin Roth, has been excellent. They have personnel with a high level of professionalism, and with great adaptation and application to the Argentine market. They are always very decisive in satisfying the needs of the parties. Martin had a great support team with follow-up on topics, meetings and minutes.

Key clients

Abbott Laboratories – Laboratorio Internacional Argentino



Allegro Microsystems


Caruso & Asociados / Jardines de la Facultad

Closure Systems International


CyC Arquitectura / CyC Emprendimientos

Familia Andoro

Familia Taccone


Ingredion Incorporated

Johnson & Johnson

Knock Out International

Marriott International

New York University

Spectrum Brands

TM Producción de Eventos

Work highlights

  • Advising Ingredion on the post-closing actions and filings required to implement the transfer of industrial sites located in different provinces of Argentina to a joint venture.

Beccar Varela

Beccar Varela advises real estate owners, project developers, property managers, lenders and investors on all aspects of real estate law - including acquisitions, divestments, facilities management, leases, financing and the restructuring of real estate holdings in single asset and portfolio transactions. The team works on commercial office, housing, shopping centre, hotel, mixed-use development and industrial plant projects, and is particularly noted for its expertise in the structuring and use of real estate trusts. Pioneering work in sustainability-linked real estate financing and the tokenisation of real estate properties is also recognised. The practice is co-led by deeply experienced real estate practitioner Pedro Nicholson, a stand out figure in the market who undertakes work of ‘excellent quality’; and transactional-focused Pedro Silvestri.

Practice head(s):

Pedro Nicholson; Pedro Silvestri


The firm’s real estate team is highly efficient and practical. In a very warm and close way they clear up any doubt that may arise regarding business, work plans, strategies and the like.

Beccar Varela’s real estate lawyers are highly qualified and experienced.

Beccar Varela has experts in real estate and also in issues related to taxes and corporate matters. Communication between partners was very fluid. They provided us with creative ideas and practical solutions, and always excellent service.

Pedro Nicholson was super responsive, always available to answer our questions, meet our deadlines and find the necessary experts to resolve any complications. A job of excellent quality.

Key clients

The Related – Hotel IQ

AT Developers

Metro Futuro

BAF LatAm Credit Fund

Viña Doña Paula


Jockey Club

Fundación Respirar

JB Developers/JB Arquitectos


Work highlights

  • Advised The Related–Hotel IQ on the completion of internal rulings for the development of buildings in Puerto Madero.
  • Assisting AT Developers with the legal structuring of the Piers Nordelta project; 0ur advice includes the negotiation with the owners of the land, negotiation with the investors and structuring of the legal vehicle (a real estate trust) which will develop, construct and commercialise the project
  • Assisting fintech Metro Futuro with the development of a platform where investors invest in tokenized properties and real estate projects.

Marval O’Farrell Mairal

Transactional work is a key focus area for Marval O’Farrell Mairal’s real estate practice, which leverages the firm’s extensive M&A resources to support clients on pure play real estate transactions as well as real estate operations within the broader context of M&A deals. The team also counsels on sale-and-leaseback, financing and construction matters, and has carved out niche expertise in agribusiness land transactions and rewilding projects. Experienced transactional and financing lawyer Hernán Slemenson leads the team alongside corporate and M&A partner Diego Chighizola, who has extensive real estate financing and development experience.

Practice head(s):

Hernán Slemenson; Diego Chighizola


The team showed technical solidity and responsiveness. Very informed about the latest developments in the sector.

In this team I have worked with partner Diego Chighizola and in the past also with his associate Josefina Griot. They have a great technical ability and knowledge.

Key clients

InterContinental Hotel Group

Edmond Safra

Guggenheim Nicklaus Partners


Tompkins Conservation and Rewilding Argentina

The Butler Conservation Fund and The Wyss Foundation

Lojas Renner

Pernod Ricard


Kimberly Clark

Work highlights

  • Advising Edmond Safra on commercial real estate projects in connection with the development and construction of AAA office buildings in downtown Buenos Aires.
  • Advising Tompkins Conservation and Rewilding Argentina on complex legal issues related to creating national and provincial parks in the largest privately-owned land holding for conservation purposes.
  • Advising a Fortune 500 company on the sale of a plant in the Province of Buenos Aires.

Nicholson y Cano Abogados

Nicholson y Cano Abogados advises institutional and entrepreneurial clients on all aspects of real estate transactions, including acquisitions, sales, exchange, financing, development, real estate management, land use and zoning. Shopping centre and retail property is one of the firm’s strongest areas, with agribusiness and rural land matters another growing market segment. Respected real estate veteran Agustín Cambiasso leads the practice, with key support provided by real estate-focused senior associate Silvia Haurie, who covers corporate and litigation work.

Practice head(s):

Agustin Perez Cambiasso


The difference between this team and other firms is the direct involvement of the partners.

The partners are directly involved in the resolution of the cases. They are always available and have deep knowledge of the client. Agustin Perez Cambiaso is the key figure.

Key clients

Grupo Pegasus



Colegio San Andrés


Bellamar Estancias

Swiss Medical Group

CEDU (Cámara Empresaria de Desarrolladores Urbanos)


Chacabuco 175

Grupo Chomer


Grupo Werthein


Colegio San Jorge


Work highlights

  • Assisting Grupo Pegasus with the ongoing sale and operation of Tortugas Open Mall Shopping Centre.
  • Advised Grupo Pegasus on the commercialisation of the Centro Empresarial Urbana site, which consists of four buildings, including offices, shops and underground garages.
  • Advising Asociación Civil Educativa Escocesa San Andrés (Saint Andrew’s Scots School) in a project to transfer its location to a new campus in Bancalari town, San Fernando, Buenos Aires province.

Pérez Alati, Grondona, Benites & Arntsen

Pérez Alati, Grondona, Benites & Arntsen has a strong track record in residential real estate, and industrial and urbanisation projects in the greater Buenos Aires area, with gated community developments and power generation sites two areas of notable expertise. The team handles all aspects of real estate law, from assisting clients with the drafting of preliminary sales contracts and obtaining of permits and approvals from national, provincial and municipal authorities, to construction agreements, financing, lease contracts and sales. Leasing and property management have been particularly active areas during the last 18 months. Guillermo Quiñoa is an authority on real estate and construction law and co-leads the practice alongside M&A and financing partner Santiago Daireaux; and Eugenio Aramburu, who advises on M&A, private equity, venture capital, corporate law, and project and corporate finance. The team was strengthened at associate level with the April 2022 hire of real estate and construction-focused senior, Rosario Stoppani.

Practice head(s):

Guillermo Quiñoa; Santiago Daireaux; Pedro Eugenio Aramburu

Key clients



International Monetary Fund

Bodegas Esmeralda – Catena Zapata

Dow Chemical Company

Sumitomo Chemical

Mercedes Benz Trucks & Buses Argentina

Ayres Desarrollos

Inversiones Los Andes

Louis Dreyfus

Pirelli Neumáticos

P8 Buenavista

Institución Salesiana

Work highlights

  • Advised Mercedes Benz Trucks & Buses Argentina on the purchase of four fractions of land located in the Municipality of Zárate, Province of Buenos Aires, with a total area of approximately 20 hectares.
  • Advised Dow Chemical Company in connection with several real estate transactions, including analysing real estate documentation and drafting the relevant agreements to carry out the transactions.
  • Advised Cencosud on the lease of stores and spaces across its shopping malls portfolio in Argentina.


Real estate clients call on Bomchil for assistance with project finance, trust formation, operating agreements, and the development and construction of multi-scale projects, among other matters. The five-strong practice group is co-led by Fermín Caride, a transactional specialist with expertise in real estate, alongside corporate and M&A partner Adrián Furman. The group also draws on expertise from other departments, with colleagues in the banking, taxation, environmental and regulatory areas all participating on an as-needed basis.

Practice head(s):

Fermín Caride; Adrián Furman


They stand out for their always pro-business vision. By finding a way to reach an agreement with the counterparty. 7×24 predisposition throughout the team.

Fermin Caride as a partner is probably the best lawyer in the country in his ability to resolve and find the correct way to approach a complex negotiation. Francisco Zappa stands out for his ability to execute.

Key clients

Albwardy Investment



La Nación Group/Buenos Aires Arena

Integración Turística Hotelera

PepsiCo de Argentina


The Ally Inversiones Inmobiliarias


Meliá Hotel Iguazú



Elektrogen de Argentina

Siete Real Estate

Hospitality Management

Banco Itaú

Jack Green


Work highlights

  • Assisted real estate developer NorthBaires, with the establishment of a real estate trust for the development of a real estate project in Puerto Madero, Buenos Aires; the project includes a joint venture with other real estate developers and investors, and a partnership with Sofitel for the development of a Condo-Hotel.
  • Providing daily advice Mills Capital on investments in the real estate sector both in Argentina and abroad.

Brons & Salas

Providing a solid value proposition for clients’, Brons & Salas undertakes urban real estate and rural land acquisitions, with installation and start-up matters, operating permit applications, issues of foreign land ownership limitations and construction projects all handled by the practice’s multidisciplinary team. Work on industrial and infrastructure projects and EPC contractual matters are particular areas of strength. ‘Outstanding professionalMariano Del Olmo leads the practice and is recognised by clients and peers for his expertise in real estate and rural land deals.

Practice head(s):

Mariano del Olmo


‘The Brons & Salas Real Estate team stands out for its in-depth knowledge of the applicable legislation and extensive practical experience.’

‘Mariano del Olmo is an outstanding professional in the area, for his technical capacity, knowledge of  applicable legislation, and work ethic.’

Specific knowledge of complex and delicate real estate legislation.

Key clients

BMS International (affiliate of the Brunstad Christian Church)

Louise Nilsson / Carl-Oskar Nilsson

Fortescue Metals Group

Simbiose Industria e Comercio de Fertilizantes e Insumos Microbiologicos

Solar Turbines International

Grupo Peñaflor

Bencich Group

Papel Prensa

Global Investment Holding

Conagra Foods


Agroservicios Pampeanos


Hotel Casino Tandil

Balanz Capital

Work highlights

  • Advised WPP Group on the purchasing of its Class AAA, LEED-certificated flagship building in Buenos Aires.
  • Advising Fortescue on the purchase of more than 300,000 hectares of rural land in the Province of Chubut, Argentina, for the purposes of developing renewable green energy sites.
  • Advising Solar Turbines on the real estate aspects of a bidding process to supply of two turbocharges to the President Néstor Kirchner Gas Pipeline project.

Bruchou & Funes de Rioja

Developers, lenders, investment banks, real estate funds, real estate investment trusts and investors call on Bruchou & Funes de Rioja for assistance on the tax, regulatory and commercial aspects of real estate transactions. The team is active representing local and regional real estate developers, investors, and lenders on various development projects, with residential and office building projects particularly busy market segments. It also handles matters ranging from rural/agricultural land and border security zone regulations, to environmental law. Corporate lawyer Exequiel Buenaventura leads the team, primarily working on cross-border deals and real estate project and transaction structuring. Key associate Pilar Marcó exited to move in house, but the the firm has refreshed its second line with the January 2023 hire of senior associate Federico Vicente, who was previously at WeWork.

Practice head(s):

Exequiel Buenaventura


Sectoral expertise, technical depth, and international vision make the team standout. There is the creativity to adapt international structures to the Latin American reality.

Exequiel Buenaventura displays a strong work ethic, analytical thinking and good execution.

Key clients

Compañía Cervecerías Unidas



Vista Oil & Gas

Ribera Desarrollos

Goldman Sachs

Hotel Madero

Estudio Bunge

Estudio Bunge’s real estate practice primarily advises a large portfolio of country clubs, golf glubs and gated communities on all aspects or real estate law; but also handles sizeable one-off projects, such as its current mandate regarding the 1,600 hectare Nordelta real estate project, which it is assisting with complex legal, institutional, regulatory and transactional matters. Diego Bunge is known for his commercial litigation and real estate expertise; he leads the practice with close, senior support from Carlos Nogueira (property development, acquisitions, disposals, leasings, financings and joint venture formation) and Agustín Bunge (infrastructure and real estate).

Practice head(s):

Diego Bunge

Key clients


La Reserva Cardales and Hotel Sofitel

San Eliseo Golf and Country Club

Fideicomiso de Lagos de San Eliseo

Caja de Médicos de la Provincia de Buenos Aires – La Plata Hotel

La Orquidea Golf Club

Nuevo Aguaribay / NXT

Viejo Aguaribay



Work highlights

  • The firm advised and participated directly in the legal structuring of the real estate project known as Nordelta – a residential development in Argentina that will be the first city in the country to be built and managed privately.
  • Advise Frali, the developer of “La Reserva Cardales” a gated community with more than 550 private houses, 120 apartments and a Sofitel Hotel.
  • Acting for Reserva Cardales on all issues related to neighbourhood management, as well as real estate issues such as the sale of real estate and the collection of expenses.