Firms To Watch: Real estate

i2a Advogados, under the leadership of Luis Peyser, has an excellent reputation for real estate receivables certificates and related capital markets advice, and also provides great ‘interest, flexibility and dedication‘ to its clients’ acquisition and development projects, with partner Vanessa Oliveira playing a ‘fundamental’ role.
Lobo de Rizzo Advogados gave its commercial real estate offering a significant boost with the recruitment of former Stocche Forbes Advogados' partner Fernanda Rosa, whose team provides ‘individualised attention to clients regardless of transaction size‘.
Martens & Dornaus Advogados  is praised for its ‘high knowledge of real estate in Brazil’; Georges Louis Martens Filho  and Victor Dornaus  are the lead partners.
RHOM Advogados  has a ‘small and super specialised office‘, with ‘great technical capacity and agility’ for real estate acquisitions and developments, particularly lead partners Daniel Ostronoff  and Pedro Romeiro Hermeto , who are ‘extremely competent technically and dedicated to the client always‘.

Real estate in Brazil

Campos Mello Advogados in cooperation with DLA Piper

Real estate law has always been a core focus for Campos Mello Advogados in cooperation with DLA Piper, a longstanding leader in this market. The practice covers all areas, including hospitality, offices, residential, retail, agriculture, industrial and logistics, providing advice to domestic and foreign investors and developers, which benefit from the firm’s cross-border co-operation with DLA Piper. Firm co-founder Bernardo Buarque Schiller has almost 50 years of experience in the market, and regularly contributes to major strategic contentious and non-contentious issues. Ivandro Ristum Trevelim   handles a broad range of transactional matters, and is especially active in the industrial and logistics sectors. Rafael Jordão Bussière  is noted for his strong industry expertise, and clients appreciate his time spent working for the Brazilian government. Managing partner Fabio Perrone Campos Mello   and recently recruited partner (from BMA - Barbosa, Müssnich, Aragão) Maria Eduarda Bérgamo also have good credentials in real estate transactions and development.

Practice head(s):

Bernardo Buarque Schiller; Fabio Campos Mello; Ivandro Ristum Trevelim; Rafael Bussière


‘A strong tradition in the real estate sector and quite a history of working on the main development projects in the country.’

‘Rafael Bussière has consulting experience and has worked in the government, which contributes a lot to the achievement of the client’s goals. More important than a good contract or legal reflection, is knowing if and how it works in practice.’

Key clients

Orpea Group

Brio Investimentos

Bait Incorporadora

Kempinski Hotels

Boston Consulting Group

Ciaplan Empreendimentos Imobiliários

Pivô Desenvolvimento Imobiliário

Hyatt International

Tegra Incorporadora

Concessionária do Aeroporto Internacional do Rio de Janeiro Antonio Carlos Jobim – Riogaleão


Vinci Real Estate

Mozak Engenharia

Piimo Empreendimentos Imobiliários

Marriott International

Hard Rock Café International


Rimo Holding

The Walt Disney Company

Sony Corporation of America


Work highlights

  • Advised Bait Incorporadora on the acquisition of a seaside greenfield area in Rio de Janeiro where a high-profile residential building is under development.
  • Assisted Rimo Holding with the purchase of eight office units and 32 parking spots in the Cetenco Plaza building in São Paulo.
  • Assisted Mozak Engenharia in the acquisition of a property in Leblon in Rio de Janeiro for a luxury residential development.

Duarte Garcia, Serra Netto e Terra Advogados

Duarte Garcia, Serra Netto e Terra Advogados brings its ‘excellent technical knowledge‘ to a wide variety of contentious and non-contentious real estate issues. The firm covers all areas of the market, from investment and development projects in the residential, industrial, commercial and rural sectors through to disputes at the highest level. This is built on a foundation of corporate, finance, capital markets and litigation expertise, as well as support on related environmental issues. Founding partner Marcelo Terra and Guilherme Caffaro Terra typically handle the transactional and development side of the practice, alongside up-and-coming partner Natalie Collet Feitosa Lange. Versatile partner Natália Japur advises on litigation and advisory issues, while José Carlos Baptista Puoli is experienced in litigation and arbitration.

Practice head(s):

Marcelo Terra; Guilherme Caffaro


‘Excellent technical knowledge, with innovative work, studies and publications.’

Key clients


Construtora Andrade Gutierrez

Credit Suisse Hedging Griffo

Cury Construtora




GTIS Partners



Tegra Incorporadora

Work highlights

  • Representing TEGRA Incorporadora in the Court of Justice to permit the continuation of a construction project.
  • Advising Tecnisa on a R$165m lawsuit concerning a commercial partnership in a real estate development project.
  • Defending two companies, Setin and Cyrela, in a R$181m dispute concerning an abandoned real estate project on land that was subsequently expropriated.

Gustavo Padilha Advogados Associados

Gustavo Padilha Advogados Associados is widely considered one of Brazil’s premier firms for real estate law. The firm’s advice and support goes ‘beyond legal assessment‘, and drills deep into the client’s ‘very business model‘. This covers the full suite of issues, from transactional, construction and development issues, through to tax, environmental law and litigation. Founding partner Gustavo Pinheiro Guimarães Padilha  advises on contentious and non-contentious matters and attracts a loyal following, from investment funds to major development and hospitality companies. Celso dos Santos Kelab  is active on the transactional and regulatory side, while Luciana Henriques Ismael  is a lead partner for non-contentious matters. Recently, the firm has been involved in major projects and investments in the retail, energy, logistics and hospitality sectors.

Practice head(s):

Gustavo Pinheiro Guimarães Padilha; Celio dos Santos Kelab; Luciana Henriques Ismael


‘The firm is a partner and capable of thinking, together with clients, not only of the legal aspects but the very business model for which they are called to analyse. It goes beyond legal assessment.’

‘Célio Kelab is the best-prepared real estate attorney I’ve ever had contact with.’

Key clients



Prisma Capital



Grupo JCPM

Club Mediterranée

Queiroz Galvão



Camil Alimentos

Oceanpact Serviços Marítimos

BHG – Brazil Hospitality Group

Shopping Center Recife


Mattos Filho

The ‘standout‘ team at Mattos Filho is noted for its ‘extreme agility and competence‘, as well as the lawyers’ ‘technical knowledge and understanding of client problems‘. The firm saw a significant growth in urban and rural real estate transactions, and invested heavily in its associate team, with eight fee earners recently joining. Its clients include leading investment and sovereign funds, including GIC and Brookfield, as well as corporate buyers and leaseholders, such as Amazon and Microsoft. The firm is particularly strong on deals with a heavy corporate element, typically involving large property portfolios. Rossana Fernandes Duarte brings ‘vast experience in the field of real estate, including the forestry and agribusiness sectors‘. Clients also rate the ‘very competentFernando Amendola. Mariana Spoto Cobra and Janaína Vargas are also names to note.


‘Large team in number of people, which has the capacity to process large numbers of information and diligence with speed and efficiency. Lawyers with good training and service.’

‘Agility, technical knowledge and understanding of client problems.’

‘Demonstrating full security on the technical aspects involved in the work, mastery over the most modern matters involving various businesses, respect for legislation and compliance standards. This brings security to the client in making several decisions, which generally tend to be the most correct.’

‘Rossana Fernandes Duarte – vast experience in the field of real estate, including the forestry and agribusiness sector. Full mastery of the technical part. She is distinguished by the search for innovative and modern solutions, a prominent position and leadership in the negotiation of contracts and various businesses. Always looking for the best for the client who chooses the office. Janaína Vargas has qualities similar to Rossana Duarte’

‘Mattos Filho’s real estate team works with extreme agility and competence. The professionals, who have a very high degree of legal technical knowledge, are accessible and treat their clients very well. They stand out for their personalised service.’

‘Fernando Amendola and associates Fernando Issa and Vitor Faria all proved to be very competent and fast in client service, even during a complex and challenging operation. In particular, Fernando Issa always gave an impression of trust and mastery over the matters discussed, putting clients in a comfortable position during negotiations. The whole team was great.’

Key clients






Arauco do Brasil

Autonomy Investimentos

Grupo BIG

BR Properties



CAOA (Real Estate)

Capital Brasileiro (CB)

Credit Suisse Hedging-Griffo



Fram Capital


Hijos Corporación Hijos de Rivera (Estrella Galicia)




Advent International

Work highlights

  • Advised GIC on the Brazilian aspects of a cross-border investment in a joint venture with Equinix for the development of data centres in Brazil and elsewhere.
  • Advised SYN Prop e Tech on the R$1.7bn sale of several office assets to Brookfield.
  • Assisted CSHG Renda Urbana, a fund, in the multimillion-dollar acquisition of several retail sites located throughout Brazil.

PMK Advogados

Highly regarded boutique firm PMK Advogadosstands out, especially, for its agility and delivery‘. The firm represents key operators within Brazil’s real estate market, including developers, asset managers, commercial groups, and domestic and international investors. Real estate M&A features prominently, and the team is well versed in keystone development projects. The lead partners come highly recommended, including founder and practice head Fernando Maximiano , who ‘presents brilliant solutions to complex problems‘. Corporate and tax head Sérgio Kawasaki is a ‘great lawyer‘ who ‘understands the client’s needs and is very creative in providing solutions‘. Litigation head Rafael Magalhães Florence  has ‘an impeccable posture in negotiation rounds‘. Other names of note include Rafael Gomes Gobbi , the ‘excellent' Patricia de Godoy Monteiro (who was raised to the partnership in January 2022); and the ‘always very accessible' Rafael Zanini França.

Practice head(s):

Rafael Gomes Gobbi; Fernando Maximiano; Sergio Kawasaki; Rafael Florence


‘The team’s service was exemplary in the multiple operations we worked together in 2021. They delivered beyond expectations, especially regarding deadlines and monitoring/fulfillment of the various obligations under our responsibility.’

‘Special mention goes to partner Patricia de Godoy Monteiro, who actively participated in the operations, showing the firm’s commitment to the client, acting in a technical and attentive manner with the demands presented.’

‘Patricia Godoy – excellent lawyer because she is dynamic, helpful, “hands on”, always available, careful, responsible and reliable. Sergio Kawasaki – great lawyer, understands the client’s needs and is very creative in providing solutions/alternatives to reconcile the will of the parties involved. Fernando Maximiano – great lawyer, clear, objective, very aligned with the real estate market.’

Key clients

Kinea Investimentos

Banco Genial

HBR Realty


Helbor Empreendimentos

RB Capital Investimentos

Vinci Real Estate Gestora de Recursos (Vinci Partners)

Jive Asset Gestão de Recursos

Barzel Properties

Whg Real Estate Fundo De Investimento Imobiliário – FII

Alianza Gestora de Recursos

Valora Gestão de Investimentos

Cyrela Brazil Realty Empreendimentos e Participações

Brookfield Property Group (Brazil)

Pacaembu Construtora

Work highlights

  • Advised Kinea Investimentos on the R$1.2bn acquisition from MIRAE group, through Kinea Renda Fundo de Investimentos Imobiliários, of a stake in Rochaverá Corporate Towers.
  • Advised Brookfield on the acquisition, from REM group, of a 70% stake in a real estate development near Paulista Avenue in São Paulo.
  • Advised Paramis on the structuring of and investment in the R$200m issuance of real estate receivables certificates by Cortel Holding.

Veirano Advogados

Quality in delivery, strategic structuring, creative solutions‘ are all hallmarks of Veirano Advogados‘ highly rated real estate team, which provides ‘fast service and knowledge of the market‘. The firm has a good track record representing private and public sector clients, including advice to the Federal Government on the privatisation of public assets. Investment funds and corporates regularly instruct the practice on investments into, most recently, logistics, office and retail assets. Hospitality, healthcare and residential property mandates also feature heavily in the firm’s contentious and non-contentious workload. The practice is jointly led by Rodrigo de Castro (highlighted by a client as ‘one of the best real estate lawyers in the country‘) and Raphael Moreira Espírito Santo, who ‘deserves compliments for his creativity and agility in resolving conflicts‘. Counsel Bruno Aronne has also established a good reputation.

Practice head(s):

Raphael Moreira Espirito Santo; Rodrigo de Castro


‘Ability of the firm to understand the problem, analyse and propose a solution.’

‘Rodrigo de Castro and Erika Castro Bernardelli Marinho: dedicated professionals who understood the client’s needs, providing the service in a very agile and complete way.’

‘Fast service and knowledge of the market where I work.’

‘Quality in delivery, strategic structuring, creative solutions.’

‘The quality of the real estate team at Veirano stands out. Notably, the work delivered by the team, led by partners Raphael Moreira and Rodrigo de Castro, is unique and demonstrates knowledge above the market average. Furthermore, the attention paid by the partners to the client is also a fundamental factor and deserves recognition.’

‘The technical quality presented by Rodrigo de Castro is a differential, highlighting him in this segment, without a doubt, as one of the best real estate lawyers in the country. Another characteristic that deserves recognition is the attention and availability he has with the client; making a point of always closely monitoring the work of his team.’

‘Raphael Moreira deserves compliments for his creativity and agility in resolving conflicts. Raphael always presents innovative alternatives, paying attention in general to the possible risks and also benefits presented to the client. In the team, also worth mentioning: partner Gisela Miranda, Bruno Aronne and Erika Castro Marinho.’

Key clients

Cerberus South America


Tegra Incorporadora

Brookfield Properties

Jive Asset Management


Blue Macaw

Brazil Hospitality Group – BHG Hotels


Ferroport Logística (Grupo Prumo Logística / Anglo American)

The World Bank Group

Soho House

Caixa Econômica Federal

Malls Brasil Plural FII

Work highlights

  • Advised Brookfield in the R$470m stock sale of a group company which owned a 35% stake in the Shoping Leblon mall in Rio de Janeiro, to Alianse Shopping Centres.
  • Advised Caixa Econômica Federal on the restructuring of two Real Estate Investment Funds with roughly R$800m in assets.
  • Assisted the World Bank in the acquisition of the Lotus Corporate building as its new headquarters in Brasília.

Bicalho ADV

Bicalho ADV has an extremely good reputation for high-value real estate mandates. The broad-based practice covers a range of related issues including real estate corporate transactions, litigation, tax, environmental and capital markets matters. Founding partner Rodrigo Bicalho is a leading figure in the market.

BMA - Barbosa, Müssnich, Aragão

BMA - Barbosa, Müssnich, Aragão fields a team of ‘proactive, very accessible and easy to communicate with’ partners and associates. The lawyers regularly assist in complex real estate transactions and development projects involving significant elements of corporate, M&A, tax and capital markets law. Working across offices in Rio de Janeiro and São Paulo, the practice has a good track record in the key asset classes, including shopping centres, industrial, logistics and office developments. Key partners include Cristiana Moreira  , Cristiane Mamprin  and the recently promoted Gustavo Maia do Nascimento , who represent a broad range of domestic and international developers. Guilherme Zoghbi Ayala  is also praised for being ‘a different lawyer because he does not focus on the problem, but only on the resolution‘.

Practice head(s):

Cristiana Moreira; Guilherme Ayala; Gustavo Maia do Nascimento; Cristiane Mamprin


‘I had the opportunity to work with the BMA real estate team on a large real estate project and I was extremely pleased with the performance of the team led by partner Guilherme Ayala. They were absolutely business partners, proactive, very accessible and easy to communicate with.’

‘It is worth mentioning the work of Guilherme Ayala, who dedicated himself entirely to the project and was always available for any situation, with objective and practical ideas for solving problems. He is a different lawyer because he does not focus on the problem, but only on the resolution.’

Key clients


BR Properties

RB Capital




Core Real Estate

São Carlos / Best Center




XP Asset

Vinci Partners


Rede D’Or



Work highlights

  • Advised Confederação Brasileira de Futebol on the acquisition of land for developing training centres in 12 Brazilian cities.
  • Advised BR Properties on its acquisition of land for the construction of a logistics complex in the city of Cajamar.
  • Assisted BTG on the sale of a portfolio of logistics centres in Rio de Janeiro, Vinhedo and São Paulo.

Demarest Advogados

Demarest Advogados has an ‘efficient and agile‘ real estate team, which is ‘capable of dealing with two, three, four very different subjects in the same meeting, showing broad knowledge‘. Clients appreciate that the lawyers ‘always seek to understand the business and the pain of the client‘ while also seeking ‘to present practical solutions to what is needed‘. This covers a range of disciplines, including complex transactional, regulatory and environmental issues in high-profile urban and rural real estate investment and development projects. The team is jointly led by Lucas Tavares Bueno, Thiago Giantomassi and the ‘excellentMarc Stalder, who is ‘extremely accessible, speaks a clear and objective language, devoid of legalese and a great expert in real estate law’. For contentious matters, clients also rate Rafael Gagliardi‘s ‘unparalleled ability to suggest and create solutions‘.

Practice head(s):

Lucas Tavares Bueno; Thiago Giantomassi; Marc Stalder


‘The firm always served us with excellence. The experience was great.’

‘Marc Stalder is an excellent professional. Working with him was of great value. He is extremely accessible, speaks a clear and objective language, devoid of “legalese” and a great expert in real estate law. Really enjoyed.’

‘The real estate team has an efficient and agile service, all with seniority. They are capable of dealing with two, three, four very different subjects in the same meeting, showing broad knowledge about the segment. The integration between the team is very good, everyone usually knows about the unfolding of situations, never having one or the other of the team outside the subjects.’

‘Rafael Gagliardi: he has a lot of knowledge, both in litigation and advisory. Always available, with an unparalleled ability to suggest and create solutions.’

‘The members of the firm always seek to understand the business and the “pain” of the client. They are always available and always seek to present practical solutions to what is needed.’

‘Marc Stalder and Daniel Abuchalla – what distinguishes them is proximity, empathy, availability and practical sense.’

Key clients

Ldc Louis Dreyfus Commodities

Yamaha Motor

Log Commercial Properties






Sylvamo Do Brasil

Lucio Engenharia

UNICO Gestão De Investimentos

Aurum Participações

CBIC – Camara Brasileira da Indústria da Construção

C&A Modas

Via Varejo


GTIS Partners


Emusa do Brasil

Atmosfera Incorporações

Votorantim Energia

White Martins Gases Industriais

Mover Participações


Santa Genebra

JMX Conciva








Greenwood Resources

7 Bridges Brazil

Jive Investments


Credit Suisse Hedging Griffo

Ekko Group

Companhia Melhoramentos

Procter & Gamble

MGB Group Mambo Supermercados

Consciente Construtora


Itaú BBA

Santander Asset

XP Investimentos


Work highlights

  • Assisting CBIC (Camara Brasileira da Indústria da Construção) in the discussions and all measures relating to a new legal bill to reform the public registry system and real estate development rules.
  • Assisted ESPM on the acquisition of Villa Aymoré, a historic property in Rio de Janeiro that will now be used for a school.
  • Advised Companhia Melhoramentos de São Paulo on a major private securitisation.

KLA Advogados

The ‘prepared, attentive, diligent‘ real estate team at KLA Advogados is commended for its ‘great market knowledge and client service‘. The multi-faceted practice represents an impressive mix of corporate investors and leaseholders, investment funds and hotel companies, bringing a range of real estate, corporate, finance, dispute resolution and tax expertise. Its workload is equally diverse, ranging from major acquisitions and developments through to the regularisation of urban and rural properties. Pedro Cortez brings over 45 years of market experience, while Tomaz Matheus and Rodrigo Pontes are noted for their ‘client service‘. Corporate partner Mariana Cortez is a key asset in structuring complex acquisitions and joint ventures.

Practice head(s):

Pedro Cortez; Tomaz Matheus; Mariana Cortez; Rodrigo Pontes


‘The firm distinguishes itself for knowing the company’s business model very well and for always providing good and adequate guidance.’

‘Great market knowledge and client service. Availability, quick turnaround.’

‘Tomaz Mathues and Rodrigo Pontes – client service. Carla Fernandes and Guilherme Moita – technical knowledge.’

‘Availability;Efficiency; Objectivity; Great technical quality; Business vision;’

‘Very technical team and high capacity.’

‘The real estate team is prepared, attentive, diligent. Expertise in real estate acquisitions, as well as day-to-day real estate matters, condominium issues and area formation.’

Key clients

Cia. Brasileira de Distribuição (Pão de Açúcar e Extra)


Radar Propriedades Agrícolas (Westchester)

BTG Pactual

Vila 11


Sendas Distribuidora (Assaí Atacadista)

CSHG – Credit Suisse Hedging-Griffo

Hotelaria Accor

Península Investments

Supernova Capital

Fundação Itaipú Brasil – FIBRA


SDI Desenvolvimento Imobiliário

BKO Incorporadora

Ânima Educação

Paes & Gregori

General Mills


Enforce Gestão de Ativos

Work highlights

  • Advised Companhia Brasileira de Distribuição and Sendas Distribuidora on a R$1.2bn sale and leaseback transaction with investment funds administrated by BRL Trust Distribuidora de Títulos e Valores Mobiliários and GIC Investment Singapore.
  • Assisted Bresco Investimentos in a joint venture with Ello Centro Empresaria for a real estate development in the city of Contagem, Minas Gerais.
  • Advised Ânima Educação on a R$171m sale and leaseback transaction with Vinci Partners for the sale of two college campuses in Porto Alegre and Canoas.

Machado Meyer Sendacz e Opice Advogados

Machado Meyer Sendacz e Opice Advogados ‘provides an excellent service‘, which is ‘performed with quality, commitment and with a lot of involvement and supervision of the partner‘. The team has good credentials across a range of transaction types, including acquisitions and leases, build-to-suit agreements, and sale and leasebacks, and has recently been involved in several high-profile port redevelopments. Corporate investors come from key sectors such as infrastructure, energy, manufacturing and retail, while the firm also assists several high-profile investment funds. Practice head Maria Flávia Seabra ‘has deep knowledge of the area, in addition to excellent leadership of her team‘. Fatima Tadea Rombola Fonseca is a ‘complete professional with a lot of experience in the real estate industry‘. Fellow partner Ivana Bomfim is ‘intelligent and always in favour of the client‘.

Practice head(s):

Maria Flavia Seabra


‘The firm is recognised for the excellence of the results achieved in several areas of law, acting with extreme rigor in the various procedures and processes in its charge, through competent, selected and trained professionals. The professionals who make up the firm are what makes it different from the rest.’

‘Maria Flávia Seabra and Fátima Tadea are real estate professionals who deserve to be highlighted for their professionalism and handling of matters related to clients under their responsibility.’

‘The Machado Meyer office provides an excellent service, focused on solving problems, ensuring legal certainty in the actions necessary for the progress of cases. It is an office that knew well how to make its transition from face-to-face to remote during times of pandemic, never losing direct contact with clients and always meeting demands as requested. The firm offers a diverse team, which is able to bring solutions with a complete look at the situation in relation to several different fronts of law.’

‘Partner Fátima Fonseca, along with lawyers Andréa Soubihe and Marina Cavalli form a spectacular team, which always assists us quickly, without ever losing legal excellence. They are complete professionals, with a lot of experience in the real estate industry and who are able to look at cases objectively to present the best solution with the necessary security so that we can proceed with the most complex cases.’

‘The fact that the office is multidisciplinary where the various departments provide high quality service is a differential of Machado Meyer. There is a homogeneity in the quality of the team’s lawyers, and no matter who is responsible for the service, it is performed with quality, commitment and with a lot of involvement and supervision of the partner Maria Flavia. I also highlight the punctuality of delivery of the work and the availability of the entire team. Another very important factor in choosing Machado Meyer is its diversity and inclusion policy, which is ahead of its competitors.’

‘Undoubtedly, the highlight of the real estate team is partner Maria Flavia Seabra, who has deep knowledge of the area, in addition to excellent leadership of her team. Maria Flavia is always involved and has control over the services provided by the real estate team, bringing objective solutions to complex situations. Her availability is a positive differential, as it always gives us the security that we can count on her in any and all situations. It is also worth mentioning the activities of the lawyers Caio Fernandes and Bruno Costa.’

‘Marcos Veríssimo: super professional, abundant knowledge. Gives a lot of security to the client. Ivana Bomfim: firm, intelligent, and always in favour of the client. Larissa Moraes: Very helpful and attentive.’

Key clients


Scala Data Center


Syn Prop & Tech Guima


Grupo Victor Malzoni Investimentos

Associação Pinacoteca Arte e Cultura

Parque Shopping Maceió

Projeto Orla Participações Societária

Odata Brasil







Br Properties


Mineração Caraíba

Work highlights

  • Advising BNDES – Banco Nacional de Desenvolvimento e Econômico Social in preparing the legal development plan for the revitalisation of the port area of the city of Porto Alegre.
  • Advised Grupo Victor Malzoni Investimentos on the sale of a commercial real estate special-purpose entity (SPV) to Even Construtora e Incorporadora.
  • Advising Autonomy Investimentos on the sale of two logistic sheds and17 storage facilities to XP LOG FII.

Pinheiro Neto Advogados

Pinheiro Neto Advogados has ‘great resources‘ and is noted for its ability to execute transactions and ‘real estate securitisations of greater complexity‘. The firm’s market-leading full-service capabilities cover a range of related areas, including corporate, finance, regulatory, capital markets and litigation matters. The firm is especially popular with leading funds, banks and investors, including Tishman Speyer, Proterra and BTG Pactual. Lead transactional partners include the ‘excellentLuciano Garcia Rossi, the ‘very communicative and availableFranco Grotti, and the recently promoted Fabio Rocha Pinto e Silva (who ‘brings together deep technical knowledge with broad business skills‘). Senior associates such as Marianna Morselli, Gustavo Freitas and Martina Zajakoff  also attract high praise. Luis Celso Cecilio Leite Ribeiro is highly experienced in contentious and non-contentious environmental issues, while Júlio César Bueno handles a wide range of real estate disputes.


‘Multidisciplinary team and mutual support to meet our demands, as well as availability for service, especially from the partners.’

‘Franco Grotti – partner: very communicative and available. Gustavo Freitas: great technical knowledge. Marianna Morselli: great technical knowledge and interpersonal relationship in meetings.’

‘The team has great resources within the firm to close off a deal in an effective manner.’

‘Gustavo Freitas: He is very responsive and always comes up with a solution for the client promptly.’

‘Pinheiro Neto is the law firm that we seek advice on transactions of acquisition/sales of real estate assets and real estate securitizations of greater complexity. Partner Fabio Rocha Pinto e Silva brings together deep technical knowledge with broad business skills to decisively contribute to the success of the projects.’

‘Dedication of the partners in the execution of the work, technical quality of the team, organization and perfection in the delivery of contracts and other documents.’

‘Luciano Rossi, Martina Zajakoff and Guilherme de Toledo Piza are excellent, with total dedication to the project and focus on the client and on proposing effective solutions.’

Key clients


BTG Pactual

Tishman Speyer


Mirae Asset (Korea)



Credit Suisse



Work highlights

  • Advised a real estate investment fund managed by BlueMacaw and Catuaí on the acquisition of six floors in the Pátio Victor Malzoni office building in São Paulo.
  • Advised XP Asset Management on the structuring of a real estate investment fund, in the issuance of real estate credit backed securities, and in the acquisition of five logistics assets.
  • Assisted Equinix do Brasil Soluções de Tecnologia em Informátic on a joint venture with GIC to invest in data centres in Brazil and other countries.

Stocche Forbes Advogados

Stocche Forbes Advogados has a ‘very technically prepared‘ and ‘well structured‘ team, which ‘proposes assertive and efficient solutions‘ in a wide range of complex real estate investment and development projects. This includes build-to-suit agreements, mixed-used developments and a wide range of rural and urban acquisitions. Further multidisciplinary support is provided by the team on related tax, corporate, finance, environmental and litigation matters. Alexandre Laizo Clapis has a good track record in structuring joint ventures and acquisitions across a wide range of asset classes, including residential, industrial, hospitality, retail and logistics. Fellow partner Vilmar Lima Carreiro Filho is particularly experienced in rural and agribusiness-related matters.

Practice head(s):

Alexandre Clápis; Vilmar Lima Carreiro Filho


‘The Stocche Forbes real estate team worked tirelessly, with great technical capacity and patience to understand the proposed challenges.’

‘The differential of the firm and the team is the total focus on the client and on solving problems, helping to mitigate risks. The team is very technically prepared and proposes assertive and efficient solutions, quickly, even when it is necessary to activate other areas of the office. Another commendable issue is the attention the office gives to social causes and minorities.’

‘The firm has a very well structured and dimensioned team. Regardless of the seniority of the professional directly involved, the quality of work and delivery is always high. The partners are present and involved in all stages of operations and work, have high availability, and are always concerned with enabling and developing safe businesses and operations for the client.’

Key clients

Can-Pack Brasil Indústria de Embalagens

GTIS Partners

Hemisfério Sul Investimentos

XP Asset Management

Longping High-Tech Sementes & Biotecnologia

BR Properties

Brasilagro – Companhia Brasileira De Propriedades Agrícolas

Superfrio Armazéns Gerais

Kinea Investimentos

Altre Empreendimentos e Investimentos Imobiliários

Carrefour Comércio e Indústria

Credit Suisse Hedging Griffo

GLP– Global Logistics Properties

Alianza Gestão de Recursos

Tegra Incorporadora

Cyrela Brazil Realty Empreendimentos e Participações

Agrícola Xingu

Tishman Speyer

Construtora São José

Santander Asset Management

Work highlights

  • Advised Votorantim company Altre on its investment in the Condomínio Alto das Nações mixed-use development project in São Paulo.
  • Advised HSI – Hemisfério Sul Investimentos on the sale of two companies which own two corporate towers at Condomínio Parque da Cidade in São Paulo to BR Properties.
  • Advising GTIS Partners in structuring a real estate development in São Paulo, as well as defending the client’s interests in a lease renewal lawsuit filed by Pão de Açucar Group.

Tauil & Chequer Advogados

Tauil & Chequer Advogados is a ‘firm with excellent service and great technical capacity, always seeking to solve problems and highly focused on business‘. The ‘extremely creative‘ team is praised for its ‘very rapid response times‘ and ability to leverage off ‘the resources of a global firm, promoting the collaboration of resources and ideas employed in other jurisdictions‘. Its association with Mayer Brown ensures a strong flow of work from foreign investors and developers, often through the creation of special purpose companies and joint ventures. In addition to urban retail, hotels, industrial and mixed-use developments, the team also has a strong grounding in the agribusiness and forestry sectors. ‘Exceptional‘ practice head José Paulo Marzagão has over 20 years of experience in the full range of transactional matters. Ludmila Arruda Braga is ‘extremely attentive, responsive and creative in the solutions she proposes‘.

Practice head(s):

José Paulo Marzagão


‘A firm with excellent service and with great technical capacity, always seeking to solve problems and highly focused on business.’

‘Tauil & Chequer Mayer Brown is our firm of choice for complex deals that require creative solutions in under-explored markets. The real estate team is extremely creative, with a pro-business mindset, highly responsive and with the advantage of being able to articulate the resources of a global firm, promoting the collaboration of resources and ideas employed in other jurisdictions. The quality of the people is also very remarkable.’

‘José Paulo Marzagão and Ludmila Braga are exceptional in the practice of real estate. Ludmila, in particular, is extremely attentive, responsive and creative in the solutions she proposes, always aiming at solutions that meet the needs of the business, without creating unnecessary obstacles.’

‘Excellent team led by Jose Paulo Marzagao, with a very rapid response time and always a commercial business appropriate eye to ensure real issues are correctly and definitively addressed and unnecessary discussions are avoided.’

‘What makes the firm unique is certainly the technical staff, made up not only of partners, but also associates and even interns.’

‘I would like to highlight the excellent work carried out by lawyer Ludmila Braga. Throughout the process, she demonstrated remarkable knowledge in the disciplines of Real Estate and Capital Markets, clear and assertive communication, willingness and availability, in addition to commendable ability in interpersonal relationships, both with the client and with others.’

‘Tauil & Chequer has great knowledge about the sector in which we operate, our portfolio and attitude towards the market. The real estate team was essential for us to be able to implement innovative solutions, quickly. They work tirelessly until they achieve the result desired by the client and, sometimes, going beyond.’

‘Ludmila Braga is a professional with full knowledge of the profile of our company, in addition to having absolute mastery of the topics she leads. Her determination and sense of urgency bring very positive results.’

Key clients

Tishman Speyer Properties

CPP Investments (CPPIB)


Cyrela Commercial Properties

CTF São Paulo

M3 Capital Partners/Evergreen



Radar Propriedades Agrícolas


Brookfield Participações

Autonomy Investimentos

Patria Investimentos


Exeter Property Group



Iguatemi Empresas de Shopping Center


Mogno Capital

American Tower

Basílica Private Equity


Planta Inc.

Work highlights

  • Assisted VBI Real Estate, as manager of the Real Estate Investment Fund FII VBI Logistico, on the structuring of a joint venture for the acquisition and development of a logistic condominium in Aratu.
  • Assisted VBI Real Estate Gestão de Carteiras, as manager of the Real Estate Investment Fund VBI Prime Properties, on the acquisition of a 20% stake in a commercial tower located in the WTorre JK Real Estate Complex.
  • Advised Tishman Speyer Properties in the formation of a joint venture with REUD for a multimillion-dollar development of a real estate complex condominium.

Amaral e Nicolau Advogados

Amaral e Nicolau Advogados combines an ‘excellent knowledge of real estate legislation and the market‘ with an ‘excellent service‘, with clients acknowledging the ‘total availability of the team, from the founding partners to the interns who serve us, always with agility and promptness‘. Clients come from across a range of industries and include major investment funds and corporates. Recently, the firm has been involved in several high-value land acquisition projects, and its lawyers are well versed in joint ventures, leaseholder agreements and construction contracts. José Vicente Amaral Filho handles the transactional side of the practice, while co-founder Júlio Nicolau Filho coordinates the litigation front.

Practice head(s):

José Vicente Amaral Filho; Julio Nicolau Filho


‘A firm with excellent service. Availability of partners and associates to meet the client’s wishes.’

‘Great professionals who meet the demands with quality and promptness. Fees not overpriced.’

‘In addition to having excellent knowledge of real estate legislation and the market, the main differential of the firm is the spirit of partnership and the total availability of the team, from the founding partners to the interns who serve us, always with agility and promptness.’

Key clients

Tegra Incorporadora

Even Construtora

Helbor Empreendimentos

You Inc.

Nortis Incorporadora e Construtora

Tibério Construtora

Munir Abbud Empreendimentos Imobiliários

Toledo Ferrari

Grupo Lar


Alinc – Casas Pernambucanas

Skr Incorporadora e Construtora



Wds Construtora e Incorporadora

Jive Investiments

Focal Incorporadora

Cescon Barrieu

Cescon Barrieu is a popular choice for clients in ‘very complex‘ real estate deals, where the team has ‘a lot of experience‘. The firm is particularly strong at the intersection between corporate and real estate matters, including M&A with a heavy property angle, and vice versa. The team’s expertise extends across various asset classes, including logistics, commercial offices and retail. Associated advice in capital markets, for real estate funds and corporates, is another area of strength. Practice head Marcos Lopes Prado regularly assists in urban and rural land matters and is considered ‘a reference in the market‘.

Practice head(s):

Marcos Lopes Prado


‘The firm has a lot of experience in real estate and works in very complex deals.’

‘Marcos Prado is the partner with the most knowledge, extremely technical, and a reference in the market.’

Key clients

Aratulog Armazenagem


Equatorial Energia

SD Biosensor

ICL Group

EDP Energias do Brasil

Cortel Holding

Celulose Nipo-brasileira – Cenibra

Work highlights

  • Advised Aratulog Armazenage and its shareholders on the sale of 70% of Aratulog to Fundo de Investimento Imobiliário VBI Logístico.
  • Advised Hypera on the sale to New Port Real Estate of an industrial logistic warehouse.
  • Advised ICL Group on the acquisition, and associated real estate issues, of a plant nutrition business from Compass Minerals.

Huck, Otranto, Camargo Advogados

The well-regarded team at Huck, Otranto, Camargo Advogados is singled out for its ‘vast experience‘ in rural real estate matters. The firm’s expertise extends to urban investments and developments, including advice on build-to-suit commercial and industrial facilities. The multidisciplinary practice also covers the full range of contentious and non-contentious issues, from construction disputes through to the regularisation of rural land. The team is also seeing an increase in work from investment funds. The practice wasn’t immune to the firm split, in which several lawyers left to found HRSA, among them real estate partner Thomaz Henrique Monteiro Whately. Nevertheless, practice head Estela Maria Lemos Monteiro Soares de Camargo retains a strong team of partners, including Thalita Duarte Henriques Pinto and Amanda Salis Guazzelli, who ‘demonstrate mastery of the subjects‘.

Practice head(s):

Estela Maria Lemos Monteiro Soares de Camargo


‘The firm stands out mainly for its expertise in rural real estate law. In a field with numerous specifics (compared to urban real estate law) its vast experience is, without a doubt, a differential.’

‘Thalita Duarte and Amanda Guazelli demonstrate mastery of the subjects and return as soon as possible, not only with all the research sources, but the opinion they formed about it, bringing the necessary comfort.’

Key clients

BM Empreendimentos – Groupe Allard (Cidade Matarazzo)

Yuca Imóveis

Sympla Internet Soluções

Insolo Agroindustrial

GA Yustrich Participações (Guarde Aqui)

Sollus Gestora de Terras

CB Richard Ellis

Shift Gestão Empresarial

Assupero – Associação Unificada de Ensino Renovado Objetivo (Grupo Objetivo)

Porto Seguro Companhia de Seguros Gerais

Agropecuária Fazenda Brasil – AFB

Companhia Tradicional de Comércio – CIATC

Work highlights

  • Advising CIATC Comércio de Alimentos on the preparation, renewal and renegotiation of lease agreements in light of the Covid-19 pandemic.

Lacaz Martins, Pereira Neto, Gurevich & Schoueri Advogados

Lacaz Martins, Pereira Neto, Gurevich & Schoueri Advogados has a well-respected real estate team, which is commended for its ‘high knowledge in several areas of law‘. Its lawyers have a good grounding in key disciplines including acquisitions, construction, lease agreements, corporate structuring, finance, litigation and tax. The versatile practice is popular with leading investment funds, corporates and banks, and has been involved in several high-profile office, residential and warehouse deals. Erica Fernandes Campos Verissimo  and the ‘agile, fast and objectiveLivia Maria Siviero Bittencourt Huh  jointly lead the team. Name partner Ricardo Lacaz Martins  is also noted.

Practice head(s):

Erica Fernandes Campos Verissimo; Livia Maria Siviero Bittencourt Huh


‘A complete firm with high knowledge in several areas of law that are interrelated depending on the client’s needs.’

‘Ricardo Lacaz Martins – high knowledge of the subjects. Provides security and calmness to the client. Livia Siviero Huh – agile, fast and objective in the client’s needs.’

Key clients

Votorantim Asset Management

Grupo Malzoni

Ourinvest Real Estate

Interprime Empreendimentos e Participações

Rio Bravo Investimentos – Distribuidora de Títulos e Valores Mobiliários


Vbi Real Estate

Trx Gestora de Recursos

Santander DTVM


SPCV  – Succespar

Eurofarma Laboratórios

Logbras Parques Logísticos

Itajuí Gestão de Investimentos

Work highlights

  • Advised TRX in a multimillion-dollar fund raising via its investment funds and CRI to buy five properties.
  • Advised Fundo De Investimento Imobilario Succespar Varejo on the due diligence, negotiation and acquisition of four properties.
  • Advised VBI Real Estate on the acquisition of buildings in São Paulo, Santos, Campinas and Porto Alegre for the development of student housing.

Lefosse Advogados

The ‘extremely attentive‘ team at Lefosse Advogados is ‘highly diligent in analysing a wide range of assets and projects’. Clients note its ‘deep knowledge in the due diligence of agricultural and rural assets‘, alongside a strong flow of commercial, industrial and residential transactions. Practice head Andrea Caliento   has developed an extremely good reputation and is ‘always readily available, highly personable and very competent in her role in addition to managing a successful team’. Senior associate Marcela Brasileiro is also praised for being ‘a highly competent lawyer’. The firm is a popular choice for major banks and investment funds. Since publication, Mariana Rodrigues has been promoted to partner.

Practice head(s):

Andréa Caliento


‘Extremely attentive, technical and acting with a lot of harmony.’

‘I especially highlight the work of Marcela Brasileiro, who acted in a unique and balanced way, enabling the intended results to be achieved, even in complex situations.’

‘Andrea Caliento: deep technical knowledge and availability to serve the client. Henrique Miguel: great availability to serve clients. Mariana Bittar: great availability to serve clients.’

‘Integrated team with extensive knowledge of the topics. Always up to date, they provide the security that our clients need. The focus is on resolving the issue in a balanced way for the parties involved. Everyone is always aware of the matter.’

‘Their team is always attentive and highly diligent in analysing the wide range of assets and projects that we engage them on. I have been impressed with their constant strives to promote diversity within their team and the wider industry whilst still rewarding on merit.’

‘Andrea Caliento is always readily available, highly personable and very competent in her role in addition to managing a successful team. Marcela Brasileiro has grown substantially within the firm over the years I have worked with them. She is a highly competent lawyer who has developed a deep understanding of our business.’

‘Highly specialized team with deep knowledge in the due diligence of agricultural / rural assets.’

‘Henrique Miguel and Andrea Caliente are very helpful professionals, fast and attentive to details.’

Key clients

Fundo de Investimento Imobiliário Brasil Varejo – FII

Moura Dubeux Engenharia


Banco BTG Pactual


Cruzeiro do Sul Educacional


Alianza Investimentos Imobiliários



Total BR

XP Asset Management

Riza Capital Asset Management

VBI Real Estate

BR Properties

Work highlights

  • Advised Riza Asset Management in ten sale and lease-back transactions of its REIT Riza Arctium Real Estate Fundo de Investimento Imobiliário.
  • Advised XP Investimentos Corretora de Câmbio and UBS Brasil Corretora de Câmbio on the 2nd R$600m public offering by Fundo de Investimento Imobiliário Riza Terrax.
  • Advised Alianza Negócios Imobiliários on the acquisition of real estate from Companhia Brasileira de Distribuição, a GPA Group company.

Romani Advogados

Romani Advogados represents a mix of developers, investment funds, leaseholders and corporate owners. The popular boutique is well versed in joint ventures, development projects, land subdivisions and sales and acquisitions. Disputes work also features on the agenda. Tarso Romani leads the team.

Silveiro Advogados

Silveiro Advogados has an experienced real estate practice working out of well-established offices in São Paulo and Porto Alegre. Its clients commend the ‘well organised and specialised team, which ensures fast service and with great technical precision‘.  The versatile practice represents a wide range of clients, including major real estate investment funds. It has been particularly busy assisting clients operating in the telecoms and agribusiness sectors on related developments and investments. Practice head Rodrigo Mutti   and Nicholas Paiva  are ‘excellent professionals who quickly meet the needs of clients‘.

Practice head(s):

Rodrigo Mutti


‘Well organised and specialised team, which ensures fast service and with great technical precision.’

‘In addition to the technical qualifications, organisation and exceptional service, the real estate team of Silveiro Advogados is very proactive, do not just comply with client requests, but make propositions and deepen in the client’s business to develop a good job.’

‘Nicolas Paiva is attentive and available, understands the demands well, ensuring a very assertive service. Rafael Brunati is very dedicated and helpful, very organised.’

Key clients

Telefonica Brasil

Terra Santa Propriedades Agrícolas

Multiplan Empreendimentos Imobiliários

Rio Bravo Investimentos

Credit Suisse Hedging Griffo

CMPC Celulose

Grupo Zaffari

Hotel Casa da Montanha

Warren Brasil


Fibrasil Infraestrutura e Fibra Ótica

American Tower

Rossi Residencial

Work highlights

  • Assisted Multiplan in the development of Golden Lake, the largest real estate project of Porto Alegre, with 18 towers and a general sales revenue of approximately R$4bn.
  • Advised Rio Bravo’s investment fund FII Rio Bravo Renda Corporativa on the R$ 50.8m sale of two commercial properties located in Avenida Paulista, São Paulo.
  • Reviewing the real estate contracts of Towers Companies, including purchase, sale, construction and lease agreements.

TozziniFreire Advogados

TozziniFreire Advogados provides an ‘excellent and extremely personalised service‘ at a ‘high technical level‘. The ‘highly qualified lawyers‘ are noted for their ‘excellent communication, both with their client and with their client’s clients‘. The multidisciplinary team regularly assists in major hotel and multi-use developments, and has recently been involved in projects in the student housing and airport sectors. This is backed by a strong and expanding finance arm. Vladimir Miranda Abreu leads the team and is particularly experienced in rural and agribusiness related issues. Pablo Meira Queiroz has ‘extensive experience in real estate transactions of significant financial value and in structured real estate transactions‘.

Practice head(s):

Vladimir Miranda Abreu


‘What makes TFA unique is the excellent and extremely personalised service they provide to their clients. Exemplary technical capacity, organisation in demands, intelligent and innovative solutions.’

‘I’d highlight Pablo Queiroz and Gabriela Nunes: Gabriela develops risk analysis with a lot of technique and proposes adequate solutions and mitigating factors in order to make the transaction viable with legal certainty. In addition, she is proactive and detailed, providing confidence that the audit is being carried out without information leaks. Pablo is always available to make calls and discuss solutions and the structure of the transaction.’

‘Pablo Queiroz – excellent partner, exemplary technical ability, extremely intelligent, remarkable social ability and always available. Julian Junqeira Rillo – excellent professional, dedicated, intelligent and always available. Anelio Junqeira Borges – excellent professional, dedicated, intelligent, in-depth knowledge of construction-related matters and always available;’

‘TozziniFreire’s performance has been impeccable, diligent and committed to its client’s goals.’

‘I would like to highlight the performance of Pablo Meira Queiroz and the members of his team, Anelio Junqueira Lopes Borges, Gabriela Machado and Julian Junqueira Rillo, for their high level of technical knowledge, committed performance and clear communication. Together, they seek to make business possible with us from the embryonic stage, through diligence, legal opinions and “tailor made” contracts.’

‘Great partner in business. Works excellently and at a high technical level.’

‘The quality of the service is excellent because it has highly qualified professionals, who have excellent communication both with their client and with their client’s clients. The lawyers are super available.’

‘Pablo Meira Queiroz has extensive experience in real estate transactions of significant financial value and in structured real estate transactions. He is a lawyer who gets along very well both with the company’s board of directors and with the other hired lawyers. Gabriela Nunes Machado is a highly available professional with a lot of experience in the real estate market; she always brings creative, fast and intelligent solutions.’

Key clients

FS Agrisolutions

Mitre Realty

SBA Communications


RB Capital



Ford Motor Company


Imbassaí Beach


Serasa Experian

Agro Serra


Newport Gestora

Suez Water Technologies

Greystar International

Share Student Living


Cadillac Fairview / OTTP


Work highlights

  • Advised Serasa on the sale of its former headquarters (Quinimuras Building) in São Paulo to Tishman Speyer.
  • Assisted Newport Gestora, the manager of Fundo de Investimento Imobiliários Newport Logística, in the acquisition of a large logistics centre from Hyperapharma.
  • Advised Jive Investments on the acquisition of credits from Banco do Brasil related to the financing of three real estate projects developed by OR (formerly Odebrecht Realizações Imobiliárias).

VBD Advogados

VBD Advogados enjoys an ‘excellent reputation‘ and stands out for its ability ‘to bring innovations within the law'. Its team of ‘well-known professionals‘ provides support on the full spectrum of contentious and non-contentious real estate issues, including related corporate, environmental, regulatory and taxation issues. Clients range from major construction and development companies through to investment funds and blue-chip companies, such as the retailer Carrefour. Founding partner Olivar Vitale handles transactional and litigation issues; Rodrigo Antonio Dias has a good track record in tax matters; and Daniele Brandão Gazel De Araújo is strong in financing and acquisitions. All three are ‘prepared and pro-business‘.

Practice head(s):

Olivar Vitale; Rodrigo Dias; Daniele Gazel


‘The firm is specialised in the real estate area and has some well-known professionals in the market.’

‘Excellent negotiation skills and excellent reputation among other firms.’

‘Daniele Gazel – excellent negotiation and positioning skills in relation to the client’s interests, combined with extreme technical capacity for the composition of the interests of the parties. Olivar Vitale – great reputation in the real estate market combined with unparalleled technical capacity. Rodrigo Dias – great knowledge of the real estate market as a whole combined with expertise in the tax area.’

Key clients

MPD Investimentos Imobiliários

BFR Brasil Foods

BMB Material De Construção

Cyrela Brazil Realty Empreendimentos E Participações

Tegra Incorporações

Cencosud Brasil Comercial


Even Construtora E Incorporadora

Perplan Empreendimentos e Urbanização

Construtora Tenda

Jacarandá Capital

Zagros Capital Gestão de Recursos

CRB Incorporações e Construções

Jive Investments Consultoria

Yuny Incorporadora

Gamaro Propriedades

BR Malls Participações

Cashme Soluções Financeiras

EBM Incorporações

Emccamp Incorporadora

Banco Alfa De Investimentos

Work highlights

  • Advised Even Construtora e Incorporadora on a real estate development in central São Paulo.
  • Advised CRB Incorporações e Construções on its investment in a shopping centre in Sorocaba.
  • Advised Jive Investments Consultoria on the acquisition of several strategic real estate properties.

Andrade, Foz, Hypolito e Medicis Advogados

Andrade, Foz, Hypolito e Medicis Advogados provides ‘excellent knowledge of the subject, high availability and flexibility‘, alongside ‘an agile and quality service‘ and ‘constant senior attention‘. The team handles rural, commercial and residential real estate matters, and has notable experience in corporate structuring, M&A, development projects and build-to-suit agreements. Carolina Moura Foz has ‘extensive experience in corporate and real estate‘ and ‘does not shy away from going into details of each transaction‘. Fellow partner Fátima Regina Andrade's ‘in-depth knowledge‘ includes ‘aspects beyond legal, which makes her support very thorough and complete‘.

Practice head(s):

Fátima Regina Andrade; Carolina Moura Foz


‘Excellent knowledge of the subject, high availability and flexibility.’

‘Fátima Regina MC Andrade – in-depth knowledge of real estate matters, including aspects beyond legal, which makes her support very thorough and complete. Very easy to deal with, very available and flexible.’

‘The firm provides an agile and quality service, always having an experienced professional in the day-to-day of the processes in which it is involved. Constant senior attention and ability to solve complex problems.’

Key clients

Tishman Speyer Group

Autonomy Investments

GTIS Partners

Avenues: The World School

Colégio Bandeirantes

Ericsson Group

Volkswagen Group

3M do Brasil

Brazil Senior Living


HM Engenharia E Construções

TELLUS Properties Fundo de Investimento Imobiliário

Uniq Incorporações

Brenv Investimentos Imobiliários


Related Group

Agropecuária Vale do Rio Jordão

Work highlights

  • Advised HM Engenharia e Construções on the acquisition of five real estate properties in the state of Sao Paulo for the development of low-cost residential projects.
  • Advised Colégio Bandeirantes on the construction and relevant services agreements for the construction of a new school building.
  • Advised Tishman Speyer on the sale of the former Bradesco Saúde headquarters in Rio de Janeiro.

ASBZ Advogados

ASBZ Advogados provides ‘extreme professionalism, quality and consistency‘ throughout its work, and clients appreciate its ‘collaborative approach, seeking to match the response to problems with the client’s needs‘. Practice head Raquel De Moraes Laudanna Marinelli is highly experienced on the transactional side, and provides advice on financings, acquisitions, property management issues and developments. The group saw significant activity in the logistics, industrial and commercial office sectors during 2021, with clients including major investors, funds and commercial occupiers.

Practice head(s):

Raquel de Moraes Laudanna Marinelli


‘ASBZ’s commercial law team always adopts a collaborative approach, seeking to match the response to problems with the client’s needs. Also, availability and communication is above average.’

‘Service with extreme professionalism, quality and consistency throughout the work, which were crucial for the realization of our real estate acquisition. Extremely satisfied with the services provided.’

Key clients

Hines do Brasil Empreendimentos

Cushman & Wakefield Consultoria Imobiliária

GE Global Operations

Beacon Ensino Médio e Fundamental

7 Bridges Latin America

Porte Engenharia e Urbanismo

Brookfield Group

Prologis Logística


BTG Pactual


Prime Sistemas de Atendimento ao Consumidor

Louis Dreyfus Group


AGI Brasil Indústria e Comércio

XP Investimentos

ISA Cteep


Planner Serviços Corporativos


Unacorp Realizações e Construções

Patrimônio Construções e Empreendimentos Imobiliários

Work highlights

  • Advised Prologis Logística on the management of its nine multi-use logistic centres in the states of São Paulo and Rio de Janeiro.
  • Provided a legal due diligence report for 7 Bridges Latin America related to the potential acquisition of 16 properties.
  • Advised BTG Pactual – REIT Prime on the registration and rectification of the Torre Almirante commercial office building in Rio de Janeiro.

Azevedo Sette Advogados

Azevedo Sette Advogados' real estate group is led out of São Paulo and Belo Horizonte by Alessandra Lima Ganz and Henrique Ferreira Antonelli, respectively. The team has a notable track record in litigation, and regularly assists clients in acquisitions and development projects.  Clients commend the ‘very well structured and dimensioned team‘, where ‘the quality of work and delivery is always high‘. The team can regularly be found assisting in matters involving commercial, residential, hospitality, agribusiness, logistics and retail property.

Practice head(s):

Alessandra Lima Ganz; Henrique Antonelli


‘The office has a very well structured and dimensioned team. Regardless of the seniority of the professional directly involved, the quality of work and delivery is always high.’

‘The partners are present and involved in all stages of operations and work, have high availability, and are always concerned with enabling and developing safe businesses and operations for the client.’

Cascione Pulino Boulos Advogados

Cascione Pulino Boulos Advogados has a ‘fast and direct‘ team, with ‘great technical knowledge‘ in commercial real estate matters. The practice has a significant track record in due diligence assessments and related regulatory issues, including environmental law. The group couples this expertise with its experience in financings, securitisations and construction agreements. High-profile build-to-suit agreements were also prevalent for the team during 2021 and 2022. Founding partner Fábio De Souza Aranha Cascione leads the team, with highly valued input from senior associate Bruno Sant Anna Fioratti, ‘an excellent lawyer with great knowledge'.

Practice head(s):

Fábio de Souza Aranha Cascione


‘The office has great technical knowledge, fast and direct.’

‘Cascione played an important role in a real estate due diligence. It managed to associate the work with a socio-environmental analysis to lead us to important conclusions and future decisions about the property.’

‘Bruno Santa Anna Fioratti stood out; he kept a complete view of the problem and was able to communicate effectively to convey the results of the work.’

Key clients

Banco Votorantim S.A. e Votorantim Asset Management DTVM

Alianza Investimentos

FAR – Fator Administração de Recursos

Banco do Brasil

Itaú BBA

Caixa Econômica Federal

Gaia Securitizadora

Guide Investimentos

JPS Habitação e Comércio

TP Industrial de Pneus Brasil

Dib, Almeida, Laguna e Manssur - Sociedade de Advogados

Dib, Almeida, Laguna e Manssur - Sociedade de Advogados represents a broad mix of major developers, construction companies, family offices and investment funds in transactional and development issues. The firm is particularly active in São Paulo, assisting clients with several high-profile urban acquisitions. Highly regarded founding partner Luis Rodrigo Almeida has a long track record in the market and is noted for being ‘knowledgeable of the real estate market and very skilled in his relationship with the opposing party’.

Practice head(s):

Luis Rodrigo Almeida


‘Luis Rodrigo Almeida is knowledgeable of the real estate market and very skilled in his relationship with the opposing party. Very attentive and seeks solutions to problems.’

Key clients

Cyrela Brazil Realty Empreendimentos e Participações

Toledo Ferrari Construtora e Incorporadora

Helbor Empreendimentos

Huma Desenvolvimento Imobiliário

Viewco Construtora and Jiral Empreendimentos

Viewco Construtora

FIDC – Fundo de Investimento em Direitos Creditórios Del Monte

Prisma Capital

Benx Incorporadora

CCDI – Camargo Corrêa Desenvolvimento Imobiliário

Red4 Incorporadora

Companhia Melhoramentos

Construtora São José

OR Realizações Imob.

Work highlights

  • Advised Toledo Ferrari Construtora e Incorporadora and Helbor Empreendimentos on the joint acquisition of 11 properties in São Paulo.
  • Advised View Construtora on the R$45m acquisition and development of two buildings in São Paulo.
  • Advised BEG Participações on a major development project in the city of Indaiatuba.

FreitasLeite Advogados

FreitasLeite Advogados has an experienced team led by Fernanda Amaral , who has over 20 years’ experience in real estate financings, acquisitions and developments. Founding partner Cristiano Da Cruz Leite   is particularly active on the finance and capital markets side, regularly advising on the issuance of real estate receivables certificates – a key area of work for the firm. Clients particularly rate the ‘exceptionalTatiana Altemari , who ‘stands out for her proactivity, experience and business sense‘.

Practice head(s):

Fernanda Amaral; Cristiano da Cruz Leite


‘The team at Freitas Leite that assists us is led by the exceptional Tatiana Altemari. Among her qualities, the sense of ownership linked to Tatiana’s vast experience (which ends up being reflected in her entire team) stands out.’

‘Tatiana Altemari stands out for her proactivity, experience and business sense. Curious and proactive, Tatiana always presents creative and technical solutions to the main challenges faced during meetings and negotiations.’

Key clients

Arena MRV

BM Empreendimentos


REC Gestão de Recursos

Work highlights

  • Advised Akita Fundo de Investimento Imobiliário, managed by Planner Trustee Distribuidora de Títulos e Valores Mobiliários, on a R$71m Real Estate Receivables Certificate (CRI) to help finance a development project.
  • Advised Rio Ave Investimentos on a CRI offering for Habitasec Securitizadora to help finance the development of real estate projects in the northwest of Brazil.
  • Advised Arena Vencer Complexo Esportivo Multiuso SPE on the structuring of a CRI public offering to help finance the construction of a football stadium in the southwest of Brazil.

Goulart & Colepicolo Advogados

Goulart & Colepicolo Advogados‘ clients appreciate the firm’s ability to ‘look at the whole‘. Regular areas of work include hospitality, residential, commercial and mixed-use developments and acquisition projects. The team also advises on the regularisation of old registries and other regulatory matters, including environmental law. The Belo Horizonte-based practice is led by João Gilberto Freire Goulart  , who ‘partners very close to deals‘ and has ‘good insights‘. Other key partners include Cristiano Silva Colepicolo   and Camila Henriques Garcia Rodrigues , who ‘has a lot of knowledge in the area‘.

Practice head(s):

João Gilberto Freire Goulart


‘A solicitous firm that looks at the whole, and that ‘takes over/takes the headache away’ from the entrepreneur regarding legal matters. They are very good in the legal field.  Our team is small, so having an office that ‘looks at the whole’ was very important to us. Excellent value for money for the quality of service they provide.’

‘Camila Henriques – has a lot of knowledge in the area and handled the entire sales process of one of our assets with Joao Goulart.’

‘João Goulart – partners very close to deals and always with good insights.’

Key clients

R31 Investimentos

HK Campinas Investimentos Imobiliários

Ceva Saúde Animal

J.A.L Resende Costa Empreendimentos

Fundo de Investimento Imobiliário Vereda – FII

Best Center Sudoeste Paulista Empreendimentos e Participações

SPE Parauapebas Empreendimentos Imobiliários

SPE Infinita TOWN-CO Incorporação Imobiliária

Work highlights

  • Advised R31 Investimentos on the mixed-use Shopping Sinop development project.
  • Advised Chlorum Solutions Brasil on the acquisition and construction of a chemical plant.
  • Assisted Multiplan Empreendimentos Imobiliários on its investment in BH Shopping in Belo Horizonte.

Madrona Fialho Advogados

Madrona Fialho Advogados brings a ‘sense of urgency and ownership‘ to its work, coupled with an ‘excellent team of technical experts who don’t lose focus on the business‘. Real estate developers and investment funds frequently instruct the practice on a range of matters, including commercial, retail and residential acquisitions and developments. Its broader expertise in corporate joint ventures, financings and lease agreements adds further weight to its offering. Lead partner Eduardo Tristão is ‘tireless in the search for a safe and practical solution‘.

Practice head(s):

Eduardo Tristão


‘Experience in the real estate market; sense of urgency and ownership; ability to mitigate risks.’

‘The technical quality and negotiation skills of Eduardo Tristão who manages to apply solutions to the business in a very efficient and safe way.’

‘Excellent team of technical experts who don’t lose focus on the business; Close service, commitment to what is sensitive to the client, this gives a lot of security and comes back to the client as a tangible return.’

‘Eduardo Tristão – team leader, a lot of experience in different real estate business formats, tireless in the search for a safe, practical and aggregating solution. Isabela Pinheiro – always available, attentive, competent, shows full alignment with the Madrona team profile, valuing teamwork with great ability to compose solutions with the parties involved. Felipe Lobo – shows confidence in mapping and proposing solutions for all interfaces and risks of the business in question. Competent and considerate.’

‘The Real Estate team, led by partner Eduardo Tristão, is extremely specialised and capable of bringing appropriate solutions to the challenges faced. Madrona’s structure is improving every day, with new areas to serve the most diverse clients.’

‘I highlight the work of Eduardo Tristão, Felipe Lobo and Laura Saadia. They are able to respond quickly and meet the established deadlines. The work presented is of excellent quality with critical thinking and feasible suggestions.’

Key clients

RBR Asset Management

GLP Properties

Rio Bravo Investimentos

BTG Pactual

FL2 Partners Consultoria

BENX Incorporadora

Carbonext consultoria

Mogno Capital Investimentos


Work highlights

  • Advised Planner on the R$500m purchase of four properties located in Praia do Forte for a residential real estate development.
  • Advised Rio Bravo on the R$120m purchase, by way of an investment fund, of 17 autonomous units in the JK Financial Center Building in São Paulo.
  • Advised RBR Asset Management on the lease of a major logistical warehouse in the city of Hortolândia to Americanas Marketplace.

Navarro Advogados

Navarro Advogados is experienced in acquisitions and development projects and represents a mix of domestic and international investors. Juliana Rubiniak De Araújo   is one of the lead partners.

Siqueira Castro – Advogados

Siqueira Castro – Advogados provides an ‘excellent service throughout‘ and is noted for its ‘speed and reliability‘. The litigation side of the practice has been especially busy, assisting clients in a wide range of civil and administrative disputes. Environmental, zoning and other regulatory issues feature prominently on the agenda, and the firm is also strong on the acquisition and development front, where Carlos Fernando Siqueira Castro is highly experienced. Practice head Ana Luiz Taque is commended for her ‘excellent attention to detail and understanding of the issues’, while disputes partner Yasmin Cotait e Silva is ‘incredibly responsive and helpful‘.

Practice head(s):

Ana Luiza Taques; Carlos Fernando Siqueira Castro


‘Excellence, speed and reliability in the services provided.’

‘Siqueira Castro Advogados responded very promptly and comprehensively, and provided excellent service throughout.’

‘Yasmin Cotait e Silva and Ana Luiza Taques were both excellent. Yasmin was the initial contact and was incredibly responsive and helpful. Ana Luiza produced the report at short notice, with an excellent attention to detail and understanding of the issues.’

Key clients

Enaxx Empreendimentos Imobiliários

Iguatemi Empresa de Shopping Centers

Icatu Holding

Banco Opportunity

CONCAL – Construtora Conde Caldas

Lwart Lubrificantes

Enel Distribuição São Paulo

OR Realizações Imobiliárias

BANIF – Banco Internacional do Funchal (Brasil)

Radar Propriedades Agrícolas

Bartira Agropecuária

Work highlights

  • Represented Concal Construtora Conde Caldas in a construction-related civil action filed by the Public Attorney’s Office of the State of Rio de Janeiro.
  • Assisting Banco Opportunity in a real estate finance lawsuit brought concerning an alleged breach of contract.
  • Represented Bartira Argropecuária in an action to review the terms of a $34m real state purchase agreement in which the buyer didn’t fulfil its contractual obligations.

Souto Correa Advogados

Souto Correa Advogados has ‘an excellent team with a lot of commitment and partnership‘. The multidisciplinary group acts in the full range of contentious and non-contentious commercial real estate issues, including urban and rural acquisitions, developments and associated due diligence and administrative issues. Recently, the firm has had lead roles on several high-profile transactions involving logistics, commercial warehouse and education assets. The highly regarded Fábio Machado Baldissera  leads the practice from Porto Alegre. Disputes partner Diogo Squeff Fries  and associate Felipe Tremarin  are also ‘outstanding‘.

Practice head(s):

Fábio Machado Baldissera


‘The firm has an excellent team, with a lot of commitment and partnership, in addition to the high degree of knowledge and speed in service.’

‘Fabio Baldisera –  agility in service and unparalleled knowledge in real estate law and contracts together with Daniel Alt da Silva. Daily communication explaining the issues in a simple way and with a wide range of knowledge. Friendly contact with third parties on behalf of the company, helping build solutions. I’d also highlight, in the environmental area, Fabiana Figueiró.’

‘Diogo Squeff Fries and Felipe Tremarin were outstanding in this practice. In every case we’ve had together, Diogo was present and was very diligent and attentive to our needs and precise in his conclusions.’

‘The great differential is the specialisation of the team and the easy access, and agility and knowledge in the different areas. The best partnership experience we’ve had so far in terms of efficiency, direct access to top executives and preventive resolutions, avoiding any litigation with those involved.’


Key clients

Medabil Soluções Construtivas

BTG Pactual Serviços Financeiros

Banco Votorantim


GDPAR – Geração Distribuída Participações

Global Logistics Properties

Cereais Célia

Panambra Sul Comércio de Veículos

MRV Engenharia e Participações


Launch Pad Tecnologia, Servicos e Pagamentos

EBTE – Empresa Brasileira de Transmissão de Energia

WMS Supermercados do Brasil

Rio Energy Participações

Newbridge Empreendimentos Imobiliários

Cury Construtora e Incorporadora

Joal Teitelbaum

Mills Estruturas e Serviços de Engenharia

Mahal Empreendimentos e Participações

Objetiva Empreendimentos Imobiliários

Work highlights

  • Advised Banco Votorantim on the successful restructuring of real estate agreements affecting 295 properties.
  • Advised EBTE – Empresa Brasileira de Transmissão de Energia on real estate issues linked to its transmission lines and substations.
  • Advised Fundo De Investimento Imobiliario BTG Pactual Terras Agricolas on a deal focused on distressed agribusiness real estate assets.