BonelliErede‘s real estate focus team is consistently sought out for its advice on real estate portfolio acquisition and sales, real estate funds, and property management and service agreements. It also houses specialists in financing, and the restructuring of real estate finance for the residential, commercial, hotel and shopping centre markets. Leading the practice is banking and finance expert Emanuela Da Rin, while Paolo Daino is construction and engineering group leader. Alessandro Balp‘s experience includes very large real estate transactions, and Samuel Ghizzardi is the senior associate to note.
Real estate and construction in Italy
BonelliErede
Practice head(s):
Other key lawyers:
Alessandro Balp; Matteo Bonelli; Johannes Karner; Stefano Nanni Costa; Alfonso Stanzione; Samuel Ghizzardi
Testimonials
‘Highly specialised team that is able to provide assistance on technical and detailed issues.‘
‘Remarkable ability to analyse, study and master the profiles of extremely complex and articulated negotiations, as well as purely technical aspects.‘
‘Professionals with above-average legal training and who are capable of 360-degree views.‘
‘Particularly appreciable in the BonelliErede firm is the specific legal competences, as well as the ability (accompanied by adequate organisational resources) to manage even very complex dossiers within tight deadlines.‘
‘Practical sense and orientation towards goals, as well as great courtesy and availability.‘
‘Highly prepared and responsive.‘
‘Availability and assumption of responsibility in relation to the execution of documents, and in accordance with agreed dates and deadlines.‘
Key clients
Amundi Real Estate Italia SGR
Apollo Global Management
Attestor Capital
CBRE
Coima SGR
Covivio
Euromilano
Lendlease
Work highlights
- Advised Coima SGR, Covivio and Prada Holding on their joint bidding for the purchase of a rail yard in Milan called Scalo Romana (and its subsequent development).
- Advised Lendlease on the establishment of a joint venture with Canada Pension Plan Investment Board for the investment in a dedicated Italian real estate alternative investment fund, which is pursuing the development of Phase 1 of the West Gate area of the Milano Innovation District.
- Advised MPS Capital Services Banca per le Imprese and UniCredit (as lenders) on a multi-tranche financing granted to the company that owns the Park Hyatt Hotel 5* in Milan.
Chiomenti
Routinely advising on complex real estate transactions Chiomenti‘s 40-strong department is able to leverage specialisms in civil, corporate, tax, finance, regulatory, administrative and bankruptcy law. Real estate business unit head Giuseppe Andrea Giannantonio advises on real estate-related tax law and tax planning; Umberto Borzi‘s corporate law practice includes real estate transactions; and Patrizia Liguti specialises in real estate M&A and development projects involving retail, office, logistics and hotels. At of counsel level, Paolo Fedele‘s practice includes acquisitions and sales of real estate, real estate companies and portfolios.
Practice head(s):
Other key lawyers:
Testimonials
‘Consolidated sector experience and deep expertise in the management of complex operations.‘
‘Great professionalism in the approach to individual issues and negotiations.‘
‘Ability to establish consolidated and highly trusted relationships with clients that are both professional and human.‘
‘All-round collaboration and considerable availability.‘
‘Very high levels of competence and ability to manage substantial transactions.‘
‘Competence, precision and punctuality.‘
Key clients
Aedes SIIQ
AEW
Allianz
Ardian
Aroundtown
Banca IMI
Bayview
Blackstone
BNP Paribas Group
CDP Immobiliare
Cerberus Capital Management
Coima
Covivio
Dea Capital
Eurocommercial Properties
Generali Real Estate SGR
Hines
Intesa Sanpaolo
KKR
Kryalos SGR
Lendlease
Logistics Capital Partners
Lov Hotel Collection
Morgan Stanley
Precise Hotels
Prelios
Savills
Segro
Vittoria Assicurazioni
Work highlights
- Advised Coima, Covivio and Prada on the joint venture agreements for the acquisition and re-qualification of the ex-railway station of Milan’s Porta Romana, on which the Olympic Village will be built to host the 2026 Milan-Cortina Olympic Games.
- Advising Hines, Cale Street and Prelios on the implementation of a project which aims to redevelop the area known as Milano Sesto, marking one of the largest urban redevelopment projects in Europe.
- Advising Blackstone Group LP and Kryalos SGR on a competitive bid that aimed to sell iconic building Palazzo Poste, in Milan’s Piazza Cordusio.
Dentons
Dentons‘ practice routinely acts on major real estate projects and investments, leveraging experience from the firm’s real estate M&A, investment, development, construction, financing, restructuring, fund formation and taxation departments. The group also includes town planning, building, environmental, regulatory and litigation experts. Federico Sutti heads the Italy real estate practice, which showcases Maria Sole Insinga, who is experienced in the office, retail, hotel and logistics sectors; Federico Vanetti, an urban development, environmental, town planning and construction specialist; and Carlo Merisio, who covers the full spectrum of asset classes and deal structures. Sara Poetto was a new arrival in June 2022.
Practice head(s):
Other key lawyers:
Testimonials
‘Dentons has one of the best real estate teams in Italy, comprising well-respected professionals who really know the market.‘
‘I have worked with Dentons on several real estate matters, and my experience with the firm has been very positive.‘
‘Dentons differs from other law firms because of its client-oriented approach when completing mandates, as well as its in-depth knowledge of the market and an established local presence and strong global network.‘
‘The professionals of the firm are responsive, flexible, and always able to find commercial and viable solutions that are tailored to our needs.‘
‘Their strengths include being reactive and focused on our requirements, and I really appreciate these aspects. The team has the right mix of seniority, which guarantees that we always receive the involvement of the most appropriate lawyers, and this is also reflected in a proper and transparent billing process.‘
‘Federico Sutti is certainly one of the most competent and reliable lawyers on the market – he gives great peace of mind and stands out for his interpersonal skills, availability and collaboration. He has very transversal skills and competences, so he always manages to frame problems correctly so as to find solutions.‘
‘For years, partner Maria Sole Insinga has been a go-to contact for our firm for real estate transactions in Italy, having contributed in a fundamental way to the completion of real estate transactions (both acquisitions and sales) with high levels of complexity.‘
‘Carlo Merisio is a committed lawyer with great capabilities and able to provide high levels of client service.‘
Key clients
Orion Capital Managers
CPI Property Group
M&G Real Estate
Barings Real Estate
Bain Capital
Davidson Kempner
Invesco Real Estate
LCN Capital Partners
Mediobanca
Merope Asset Management
Invel Real Estate Partners
AXA Investment Managers – Real Assets
Savills Investment Management SGR
Allianz Real Estate GmbH – Italian Branch
DeA Capital Real Estate SGR
BNP Paribas Reim
Prelios SGR
Kryalos SGR
Pygmalion Capital Advisers
GLP
Invimit SGR
The Student Hotel
Lendlease
CDS Holding
Prodea Investments
Work highlights
- Assisted Mediobanca in relation to the €246.7m acquisition of Palazzo Cordusio in Milan by Milan Trophy RE Fund 3 Alternative Real Estate Investment Fund.
- Assisted GLP with the acquisition of a portfolio of seven logistics assets in Italy from CCP IV IREF 2 Fund (managed by Tristan Capital Partners) and Celio Fund (managed by BNP Paribas Reim SGR).
- Assisted M&G Real Estate with two student accommodation development projects in central Bologna and Turin (carried out through forward-funding schemes).
Gianni & Origoni
Gianni & Origoni‘s multi-disciplinary practice fields experts in corporate law, capital markets, and zoning and building regulations, along with investment funds, taxation, real estate and corporate financing, and environmental issues. The group also has a strong track record in real estate developments involving the residential, office, hospitality and healthcare sectors. Domenico Tulli‘s experience includes some of the most iconic developments in Rome; focused on the real estate industry, Davide Braghini specialises in M&A and company law. Maria Grazia Lanero alsoes focus on real estate. Since publication, Sara Poetto left the firm.
Practice head(s):
Other key lawyers:
Maria Grazia Lanero; Massimiliano Macaione; Gianfranco Toscano
Testimonials
‘Gianni & Origoni is a very strong firm that is able to work on highly complex deals.‘
‘Able to tackle structuring issues in an incredibly easy manner.‘
‘Outstanding level of service provided.‘
‘Great ability to work under pressure and deliver the product in an efficient manner.‘
‘The team is highly integrated, and the experience of the lawyers allows you to have an in-depth view of the issues.‘
‘The management of the relationship is always very accurate, with constant updates and improvement proposals. The assistance is very solid and effective, and even the collaborators of the partners are always high-level professionals.‘
‘Davide Braghini is one of the most influential real estate lawyers in Italy and super-helpful during negotiations, during which he often comes out with innovative and creative solutions when tackling problems and solving issues.‘
‘Davide Braghini has a very commercial approach, and he is able to create consensus around the table, which helps during tough negotiations.‘
Key clients
CACIB (Credit Agricole)
Arsenale S.p.A.
GWM
PATRIZIA Alternative Investment
Castello SGR
Coima SGR
Hines Italy RE
LUM
Generali Real Estate SGR
INVIMIT SGR
Unicredit
Numeria SGR
Polimoda
Prelios SGR
Swiss Life Asset Management
Three Stones Capital
Sixth Street Capital Partners
Park Plaza Hotels Group
Colysée
Fabrica Immobiliare SGR
DEA Capital SGR
Work highlights
- Won the mandate to assist INVIMIT (a state-owned company) with the reorganisation of its vast real estate portfolio.
- Assisted the ESG City Impact Fund (managed by Coima SGR) with an investment into Fondo Porta Romana, a new fund that aims to acquire the former Porta Romana railway yard in Milan.
- Assisted Arsenale with the acquisition of the luxury Grand Hotel De La Minerve in Rome.
Legance - Avvocati Associati
Fielding a sizeable team of real estate-focused professionals, Legance – Avvocati Associati‘s multidisciplinary practice has expertise in sales, acquisitions, financing, developments, funds and lease contracts. It also advises on various types of buildings, including office, retail, shopping centres, logistics, hotels, residential and student housing. Co-heading the practice are Gabriele Capecchi, an adviser to primary investors on real estate acquisitions, sales, developments and management projects, and Giuseppe Abbruzzese, who predominantly focuses on the administrative law aspects of real estate transactions. Elena Generini, Marco Mastrorosa and Alessandra Palatini are experienced senior counsels.
Practice head(s):
Other key lawyers:
Elena Generini; Marco Mastrorosa; Emanuele Espositi; Alberto Giampieri; Francesca Iannò; Luca Lombardo
Testimonials
‘Superior quality, competence and speed are its superior traits, making Legance a firm that clearly stands out on the Italian scene.‘
‘Excellent knowledge of market standards.‘
‘Coverage of all the issues that can emerge during complex transactions.‘
‘Partners’ ability to summarise the issues that arise during various working tables.‘
‘Respect for deadlines, 24-hour availability and speed of responses.‘
‘The team boasts professionals who are accurate, competent and prompt in responding to requests for assistance, even when challenging in terms of timing and breadth or complexity of content.’
‘Alberto Giampieri is a true champion in terms of competence, problem-solving skills, authority and 360-degree vision. The skills of his younger collaborators are also impressive, among which managing associate Francesca Iannò stands out.‘
‘Gabriele Capecchi is a professional of absolute value and competence – extreme competence and attention with concrete and decisive solutions. To this professionalism are added interpersonal skills and management of processes and complex interlocutors, as well as an understanding of the relevant market and business dynamics.‘
Key clients
Azimut
Batipart
BNP Paribas Real Estate
Borletti Group
Cale Street Partners
Castello SGR
CBRE Global Investors
Crédit Agricole
DeA Capital Real Estate
Fabrica Immobiliare SGR
FFF Asset Management
Generali Italia
Hines
Invesco Real Estate
InvestiRE SGR
JP Morgan Asset Management
Keys REIM
Kryalos SGR
Mirastar
Monte dei Paschi di Siena
Nuveen
Partners Group
Prelios SGR
Savills Investment Management
Starbucks
Vestas Investment Management
UniCredit
Unipol Gruppo
Work highlights
- Assisted with the creation of a private rent sector fund.
- Assisted Batipart with the acquisition and subsequent long-term lease of a pan-European real estate portfolio, including 7 Leroy Merlin and Brico stores.
- Assisted Banca Monte dei Paschi di Siena with the sale of a large real estate portfolio.
ADVANT Nctm
ADVANT Nctm‘s team regularly works alongside its financing, investment, fund formation, acquisitions, sales and taxation colleagues. The practice also assists with land use, zoning, environmental issues, urban planning, and the construction, leasing, set-up and development of single properties or portfolios. Real estate head Luigi Croce advises real estate and commercial companies, funds, REITS, developers and individual owners; salary partner Alessandro Vespa is a real estate, and corporate and commercial law specialist. In 2020, the firm recruited partners Vito Bisceglie and Giovanni Giuliani from DLA Piper and Chiomenti respectively.
Practice head(s):
Other key lawyers:
Alessandro Vespa; Vito Bisceglie; Giovanni Giuliani; Christian Mocellin; Rosemarie Serrato
Testimonials
‘Able to build a very efficient and responsive team of dedicated collaborators.‘
‘In addition to the expertise of each lawyer in the relevant field, each practitioner has a pro-business approach that allows clients to find (almost always) good solutions to make deals happen.‘
‘Transversal skills to cover all client needs, along with speed, competence and clarity.‘
‘NCTM’s partners possess profound experience in the field of real estate-related procedures and construction contracts, and have all the necessary know-how to deal with the public authorities in relation to the various permissions to build, draft conventions and other related agreements.‘
‘Availability, patience and determination, as well as effective management of situations through direct contact with all the players involved in the construction process, are the best qualities we have appreciated in the lawyers we’ve dealt with at NCTM.‘
‘Great experience and transversal knowledge of the entire real estate market.‘
‘Luigi Croce and Vito Bisceglie are extremely attentive to clients’ needs.‘
‘Luigi Croce has great expertise in the real estate sector and Christian Mocellin is appreciated for his in-depth expertise in contracts.‘
Key clients
Ardian France
Savills IM SGR
Hines
BNP Paribas REIM Italy SGR
AXA Reim Italia
REAM SGR
Lendlease
Blue SGR
Cab Log Group
Snam
GSE Group
Confluence
Belmond
Nokia
Castello SGR
BIP - Belvedere Inzaghi & Partners
BIP – Belvedere Inzaghi & Partners‘ recent experience includes advising major real estate players on sizeable investments and redevelopment projects; the practice is active in accommodation (including student housing, senior housing, micro-living, short-term living, hospitality and private luxury houses), logistics and sports facilities. The practice is co-led by administrative and real estate law specialist Antonio Belvedere, and zoning, planning, environmental and public partnership expert Guido Alberto Inzaghi. Also integral to the team are real estate specialist Ivana Magistrelli, and real estate finance expert Dina Collepardi, who was hired in 2021 from Dentons.
Practice head(s):
Other key lawyers:
Testimonials
‘Multidisciplinary team with experienced partners and team skills.‘
‘Reliability, education and problem solving.‘
‘Quick answers and very good relationships with public administrations.‘
‘Pragmatic approach, with the outcome always in line with business needs.‘
‘The firm offers a 360-degree service for every aspect of real estate law (from construction and urban planning to aspects relating to negotiations during the sale phase).‘
‘Efficiency and synergy between its professionals represent two of the many strengths of the firm.‘
‘Ivana Magistrelli has vast experience in the real estate law sector, attention to detail and punctuality, making her an excellent professional who is capable of finding feasible solutions even in the face of highly complex and critical negotiation contexts.‘
‘Guido Alberto Inzaghi, Antonio Belvedere and Ivana Magistrelli are a close-knit and highly skilled team for real estate transactions; and Dina Collepardi provides excellent contributions in finance matters.‘
Key clients
Savills Investment Management
Arexpo
Hines Italy
Sviluppo Comparto 3
Carlo Maresca Group
COIMA SGR
Dea Capital SGR
Cromwell Property Group
Oaktree Capital Management
Sequedge Group
Work highlights
- Assisted Milano Santa Giulia (a subsidiary of Risanamento) with the procedure for the approval of an addendum to the implementation plan for the re-qualification of the Milan Santa Giulia area.
- Assisted COIMA SGR, Covivio and Prada Holding with the due diligence and town planning aspects surrounding the acquisition of the Porta Romana area.
- Advised Hines on the preliminary acquisition process of a property in Milan’s fashion district.
DLA Piper
DLA Piper‘s practice has a proven track record in alternative asset classes, such as residential, student accommodation, senior housing, social housing, healthcare and schools; it additionally houses experts in offices, retail, logistics, and hotels and leisure. Olaf Schmidt routinely advises investors and developers; Filippo Cecchetti‘s practice includes portfolio acquisition and sale transactions; construction and development expert Valentina Marengo was recently made partner; and Giulia Minetti Floccari is an experienced senior lawyer. In late 2021, former partners Francesco De Blasio and Paolo Foppiani left the firm.
Practice head(s):
Other key lawyers:
Filippo Cecchetti; Valentina Marengo; Carmen Chierchia; Giovanni Pediliggieri; Giulia Minetti Floccari
Testimonials
‘Excellent knowledge of real estate transactions.‘
‘Professional quality and tailor-made assistance.‘
‘Reactivity, availability, problem-solving skills and focus on the problem – all strengths found within the people at the firm with whom I came into contact.‘
‘Very strong commitment and expertise, with the right balance between an economic approach and legal thoroughness, and the right balance between partner and associate involvement.‘
‘The firm’s strong international network, quality and presence make them a first choice for international or multinational transactions.‘
‘Olaf Schmidt’s team in Milan is always extremely helpful and organised.‘
‘Olaf Schmidt is a very experienced and well-recognised real estate lawyer, who puts the right focus into the negotiations to make the deal happen and give clients sufficient comfort.‘
‘Valentina Marengo is our point of reference: punctual, precise, focused, and able to solve problems – the ideal partner you want from a law firm. Working with her means having the certainty of moving correctly within a legal maze.‘
Key clients
DWS
Goldman Sachs
H.I.G. Capital
Tristan Capital Partners
AXA
Covivio
GWM
PIMCO
Primonial Real Estate
Panattoni
Euryale Asset Management
Angelo Gordon
Jamestown
Allianz Real Estate
Generali Real Estate
Bain Credit
Canadian Pension Plan Investment Board
Union Investment
Patrizia
Aberdeen
Work highlights
- Assisted DWS with respect to the acquisition of the biggest logistic facility in Italy, which will serve as global logistic hub of Kering Group.
- Advising CPPIB on the acquisition of 50% of the units in an Italian real estate fund set up to develop a large portion of the MIND area (ex-Area Expo in Milan) together with Lendlease.
Gatti Pavesi Bianchi Ludovici
Gatti Pavesi Bianchi Ludovici‘s real estate team routinely acts on complex and high-profile development and investment work, joint ventures and cross-border matters, and real estate fund structuring. With approximately 20 years’ real estate sector experience, Rocco Ferrari focuses on the sale and purchase of companies, individual assets and real estate portfolios, particularly in relation to the retail and shopping centre sectors. Ferrari also assists with joint ventures and development transactions, while Guido Sagliaschi‘s practice includes leases, business rentals and contract works, as well as litigation and pre-litigation proceedings.
Practice head(s):
Other key lawyers:
Testimonials
‘Rare competence and professionalism that unites all the firm’s collaborators at all levels, regardless of the legal topic.‘
‘Ability to investigate complex and uncommon issues in a short time.‘
‘Honesty in admitting the (few) subjects that they do not master, and ease in presenting uncomfortable or unwelcome issues to the client.‘
‘Timeliness, ability to anticipate clients’ needs, and the ability to read the commercial implications as well as the purely legal ones.‘
‘The strengths are their skills, availability, and great determination to find the best solution.‘
‘Excellent level of technical preparation and rapid feedback.‘
‘We have been working with Guido Sagliaschi’s team for years, and we have always found them very prepared and always available (even at very short notice).‘
‘Rocco Ferrari and lawyer Sofia Gaborin form a close-knit team that is always available to the client.‘
Key clients
Tikehau Capital
Savills Investment Management
PSP Investments
CBRE Global Investors
AEW Europe
Generali Real Estate
Trophaeum Asset Management
Artisa Group
Nuveen
Orion Capital
Tabacchi Group
Work highlights
- Advised both Crescendo Real Estate Advisors and Sagitta SGR on the first Italian acquisition made by real estate investment fund SGT CP12 Italy Real Estate Fund (managed by Sagitta SGR and subscribed by funds advised by Crescendo Real Estate Advisors).
- Advised both Nuveen and Value One – Immobilien on the implementation of joint venture agreements and real estate investments in Italy.
- Advised Red Circle Investments on the acquisition, from a real estate investment fund managed by Savills, of a retail trophy asset in the heart of Milan’s luxury district.
Molinari Agostinelli
Acting for real estate companies, developers and building contractors, investment funds and asset management companies, Molinari Agostinelli is consistently involved in acquisitions and disposals of assets (parcels of land and real estate portfolios), as well as development and renovation transactions. The practice also leverages support from the firm’s public law department in relation to building, town planning and licence-related issues. Heading the real estate practice, corporate partner Alessandro de Botton regularly advises on large real estate matters; Marco Laviano‘s broad practice includes real estate M&A and development projects.
Practice head(s):
Other key lawyers:
Testimonials
‘The team manages to combine great legal expertise with dedication to the client and the deal.‘
Key clients
Blackstone Group
Finanziaria Internazionale Investment SGR
Coima SGR
Prelios SGR
Barings
UBI Banca
Kryalos SGR
PGIM Real Estate
AEW Europe
VGP Costruzioni
Banco BPM
Patron Capital
Work highlights
- Advised Kryalos SGR on the sale through a competitive process of both a Milan office complex and a trophy asset in Rome’s Via Veneto.
- Advised Swiss Life Group on the Italian aspects of a wider cross-border transaction, which entailed the establishment of a pan-European real estate investment vehicle.
- Advised Prelios SGR on the sale of a Milan real estate complex called Porta Vittoria.
Orrick, Herrington & Sutcliffe
Orrick, Herrington & Sutcliffe‘s real estate practice advises major clients across a range of asset classes and activities. The group is particularly active in significant property and portfolio purchases and sales; commercial leasing; real estate finance; property development; ESG investments; real estate investment fund liquidations; and regulatory issues and the establishment of real estate investment funds. Leading the team, Emanuela Molinaro has extensive experience in real estate transactions and construction law; Francesca Isgrò is an administrative law expert; and managing associate Christian Turotti routinely advises clients on commercial real estate.
Practice head(s):
Other key lawyers:
Francesca Isgrò; Christian Turotti; Enrico Stefanelli; Eleonora Schneider
Testimonials
‘High-standing firm in line with the best international and market practices, and the legal team is very well structured and able to offer a 360-degree service. What distinguishes them is the proactivity in reporting news and ideas that may be of interest; and even without a specific mandate, they are always available to offer their point of view.‘
‘Competent, available, and an always reactive and proactive team.‘
‘Business-oriented practice with which we have consolidated relationships over the years – easy to contact them and get answers in real time.‘
‘Strong cohesion between the Italian Orrick team and the Orrick teams from other countries, guaranteeing clients great support for cross-border operations.‘
‘Prompt availability of every single person in the team, regardless of the seniority level – quick responses too!‘
‘Emanuela Molinaro is very competent from a technical point of view, as well as efficient from both negotiating and organisational points of view.‘
‘Emanuela Molinaro is a strong point of reference, especially for complex issues that require sophisticated analysis and solutions. In addition to being extremely competent in every legal aspect, she is proactive in managing the most delicate aspects, as well as proposing alternatives during the due diligence and negotiation phases.‘
‘Managing associate Christian Turotti is a very valid lawyer, who is attentive to detail and able to negotiate in the best possible way.‘
Key clients
Auchan Group
Crédit Agricole Vita
Colony Capital
BNP Paribas REIM
Generali Group
Carrefour Group
CLOM
Prelios SGR
Feidos
Ubisoft Studios
Monarch Capital Partners
Castello SGR
Meininger Hotels Group
DeA Capital SGR
AON
Rothschild
Apollo Management International
Eurospin Group
IGD SIIQ
Värde Partners
Quinta Capital SGR
AMCO
Genesis REAM
Danube Group
Work highlights
- Acted for CLOM on Cromwell Investment Luxembourg’s €55m purchase of the Centro Logistico Intermodale Orlando Marconi office and logistics park (on behalf of the Cromwell Europa 1 real estate alternative investment fund).
- Advised Gabrielli Holding and Danube Hospitality Beteiligungs on the €40m mortgage-backed financing of Hotel Gabrielli, which is located in a 14th Century property in Venice.
- Acted for Quinta Capital SGR (manager of the Madison Imperiale Fund) on the divestment of €69m-worth of telephone exchange properties.
Clifford Chance
Clifford Chance routinely assists property companies, investors, funds, asset management companies and lenders on real estate matters. Heading the Italy real estate practice, Claudio Cerabolini is a real estate, private equity, and private and public M&A transactions specialist, his expertise comprising fund and financial sponsor-led deals; Giuseppe De Palma and counsel Francesca Cuzzocrea have substantial real estate finance experience; and senior associate Angela Benincasa advises on portfolio acquisitions and disposals.
Practice head(s):
Other key lawyers:
Giuseppe De Palma; Francesca Cuzzocrea; Angela Benincasa; Luca Chieffo
Testimonials
‘Very experienced lawyers in real estate and construction law.‘
‘The CC team offers the client 100% legal support, thanks to all the professional skills that positively distinguish every aspect/peculiarity of each real estate transaction.‘
‘Professionals who are dedicated to each operation, very responsive, and always attentive to deadlines and objectives.‘
‘Competent people with the desire to achieve goals.‘
‘Availability of the firm in finding solutions and co-ordinating the analysis of the project.‘
‘Clifford Chance was of great legal support during the realisation of our completed real estate transaction. It drew up very accurate and precise legal due diligence, highlighting the potential risks and proposing solutions.‘
‘The promptness of feedback was particularly appreciated, especially during the closing phase, as well as their willingness to make urgent support calls when needed.‘
‘Claudio Cerabolini and senior associate Angela Benincasa were particularly helpful and proactive in taking all steps necessary to complete the mandate.‘
Key clients
AXA Investment Managers
Blackstone Real Estate Debt Strategies
Cromwell European Real Estate Investment Trust
Finanziaria Internazionale Investments SGR
Invesco Real Estate
Generali Real Estate
Goldman Sachs
Patrizia AG
Swiss Life RE
Partners Group
Prelios SGR
Work highlights
- Advised Patrizia AG on the corporate, real estate, regulatory and financing aspects of the acquisition of a portfolio of eight properties for logistical use.
- Advised Finanziaria Internazionale Investments SGR on the acquisition from Fondo Toscanini (managed by Generali Real Estate SGR) of Palazzo Gran Torino, a large real estate complex in Turin that is devoted to office, residential and retail use.
- Advised the outgoing noteholders (headed by Blackstone Real Estate Debt Strategies) on the sale of an international portfolio of eight hotels by Värde Partners to Covivio Hotels.
Gattai, Minoli, Partners
Gattai, Minoli, Partners‘ multidisciplinary team advises on real estate-related M&A, finance, corporate and commercial matters; leases, regulatory issues and funds; town planning, administrative and environmental law; and tax and investment structuring. Co-leading the group are administrative law expert Gianluca Gariboldi; real estate portfolio and investment specialist Andrea Francesco Castelli (at Chiomenti until 2020); Gaetano Carrello, whose practice includes real estate work; and M&A, private equity and capital markets expert Federico Bal.
Practice head(s):
Gianluca Gariboldi; Andrea Francesco Castelli; Gaetano Carrello; Federico Bal
Testimonials
‘Excellent and rare completeness of legal and administrative skills, which renders the work co-ordinated and very efficiently managed.‘
‘A well-knit and well-matched team with knowledge and experience in real estate matters.‘
‘A distinctive point is the top-level real estate administrative law team that is able to provide quick, precise and practical answers, even when the timing is tight.‘
‘The presence of more junior resources, with a lot of experience in the field, allows the team to be quick in preparing legal documentation.‘
‘Andrea Francesco Castelli is great for the management of due diligence and execution processes.‘
‘Andrea Francesco Castelli and Gianluca Gariboldi are undisputed leaders, who are able to provide in-depth advice even on the most thorny and complex issues, such as real estate developments.‘
‘Andrea Francesco Castelli is excellent for practice management, co-ordination skills and subject knowledge.‘
‘Gianluca Gariboldi has exceptional knowledge of the subject matter.‘
Key clients
Intesa Sanpaolo
Tabacchi di Lucca Factory
Gioia Martini
Hines
Ardian
Generali Real Estate SGR
Cassa Depositi e Prestiti
Antirion
Prelios SGR
Kervis Asset Management
Blackstone
Kryalos SGR
SMB Milan Holdings
DoveVivo
Dsquared2
Greenberg Traurig Santa Maria
Greenberg Traurig Santa Maria’s real estate department is experienced in the full gamut of real estate transactions, including financings, projects, land developments and zoning issues. With longstanding experience in real estate deals, Marzio Longo focuses on the acquisition, disposal and leasing of retail, office, hospitality and logistics portfolios; Federico Barbàra has extensive experience in domestic and international real estate matters. Counsel Gloria Molteni is a land use expert.
Practice head(s):
Other key lawyers:
Testimonials
‘A very united and co-ordinated team that is quick to respond to clients’ needs.‘
‘Very high-quality/price ratio compared to competitors.‘
‘Reliability, availability and competence.‘
‘Fairness, transparency, clarity and experience.‘
‘Federico Barbàra is an exemplary professional with excellent commercial skills and absolutely among the best in his field, especially for his ability to understand how to satisfy clients.‘
Key clients
Aermont
AMCO
Angelo Gordon
Arrow Global
Bentall Green Oak
Carval Investors
Clarion Gramercy
DekaBank
EQT Exeter
Foruminvest Italia
Generali
Gruppo San Donato
Guber Banca
Investcorp
J P Morgan Asset Management
Kervis
Link Asset Management
Manifattura Tabacchi
Perseus Management
Qbic Hotels
Realterm Logistics
Savills Investment Management
The Carlyle Group
Tristan Capital Partners
Vantage Data Centers Management Company
York Capital Management
Work highlights
- Assisted The Carlyle Group with the sale process of its quotas in the CER-L fund (managed by Carlyle Real Estate SGR) to AXA Investment Managers – Real Assets.
- Advised Vantage Data Center on the acquisition of a land plot in Milan, with a view to developing a data centre.
- Advised Generali Real Estate SGR on a range of issues, including the legal due diligence for the acquisition of a real estate complex that comprises 18 buildings (intended for residential use in a central area of Milan).
Hogan Lovells International LLP
Hogan Lovells International LLP‘s practice covers all aspects of property investments, including M&A real estate transactions; asset acquisitions and disposals; sales and lease backs; and joint ventures and project developments. The team also regularly works alongside its finance, tax, regulatory, planning and environmental law colleagues. Team leader Marco Rota Candiani has extensive real estate sector experience; and counsel Maria Deledda advises corporations and real estate funds on regulatory issues.
Practice head(s):
Other key lawyers:
Testimonials
‘Marco Rota Candiani, Maria Deledda and senior associate Alberto Carrara are all excellent professionals.‘
Key clients
M&G
Invesco Real Estate
Segro
Melià
LHM
Work highlights
- Assisted Invesco with the agreement for the purchase of a residential development within Milan’s large SeiMilano redevelopment project.
- Assisted Invesco with an agreement for the purchase of a logistics development.
K&L Gates
K&L Gates‘ practice is sought out both for inbound real estate investments and Italian clients’ expansion across Europe; its scope of work covers developments and construction work, fund formation, regulatory issues and transactions. Francesco Sanna focuses on real estate investments and developments, and engineering and construction matters within the energy and healthcare sectors; Vanessa Boato is administrative law and town planning head; and Anna Amprimo is an experienced counsel.
Practice head(s):
Other key lawyers:
Testimonials
‘K&L is a state-of-the-art law firm with a great commitment to clients.‘
‘High levels of technical preparation, experience and in-depth knowledge of the market with a very practical approach. From partners to junior resources, they are all very prepared and attentive to the client, able to provide added value, and provide optimal assistance.‘
‘Optimally balances levels of protection and the risks that are inevitably bridged into the negotiations.‘
‘Professionalism, availability and preparation.‘
‘An extremely competent, professional and collaborative team with very high levels of flexibility.‘
‘Francesco Sanna is a professional with great real estate sector experience and in-depth knowledge of the underlying issues, but not only from purely legal point of views – this characteristic, combined with competence and commitment, allows him to support the client in the best possible way by advising with full knowledge of the facts, including the relevant technical issues, frequently resolving complex negotiation situations with difficult counterparties.‘
‘The human and professional relationship I have with Francesco Sanna is of a value that I have not found in partners from other law firms.‘
‘Francesco Sanna and associate Cecilia Dubla did a super job during the Covid period, always staying in touch and available when needed.‘
Key clients
Lendlease
Barings Real Estate Advisors Europe
Savills Investment Management SGR
Invesco Real Estate Management
Stonehill Group
Kryalos SGR (on behalf of Barings Real Estate Advisers Europe)
CBRE
Crea.Re Group
LaSalle Italia
Work highlights
- Assisted CBRE with the acquisition of a logistics park in Turin that comprises three buildings.
- Assisted Invesco Real Estate Management with the sale of a logistics park in Broni (PV) to Investitori SGR.
- Assisted Stonehill Group with the financing and development of large student housing schemes in Turin and in Bologna.
Osborne Clarke
Predominantly operating in mid-market real estate mandates, Osborne Clarke routinely handles innovative matters involving technology dimensions. The team also has a strong track record in the retail, entertainment and logistics markets. Jointly leading the practice are corporate real estate expert Simone Monesi, who acts for long-term investors on all phases of the investment cycle, and real estate and construction law specialist Sara Miglioli. Andrea Pinto advises on real estate finance.
Practice head(s):
Other key lawyers:
Andrea Pinto; Giorgio Lezzi; Antonio Fugaldi; Federica Fischetti; Giulia Verusio
Testimonials
‘Great, specific expertise in the real estate field, availability, and focus on the client.‘
‘The firm manages to integrate different practices where necessary, thus providing a complete and satisfactory service.‘
‘The team’s strengths are business knowledge and pragmatism when proposing solutions.‘
‘There is an appreciable results-oriented approach.‘
‘A unique team that combines excellent knowledge of the law with a great ability to adapt to the more strictly commercial needs of our specific business.‘
‘Appreciated for the professionalism, competence and availability of Simone Monesi.‘
‘We are very happy to work with Simone Monesi and his team because the relationship is friendly and direct without ever sacrificing professionalism.‘
‘Sara Miglioli is outstanding.‘
Key clients
Savills Investment Managers SGR
Klepierre Management
Costim
DeA Capital SGR
Milano Santa Giulia
Habona Invest
Pareus
Limestone Capital
UCI Cinemas
NewCold Cooperatief
Nexity 32
ALER Milano – Azienda Lombarda Edilizia Residenziale
Municipality of Sanremo
Work highlights
- Assisted NewCold Cooperatief, a Netherlands-based operator of state-of-the-art, highly automated cold logistics warehouses, in relation to its first foray into the Italian market.
- Retained by Costim in connection with the implementation of Chorus Life Bergamo, an innovative smart district in Bergamo, which utilises state-of-the-art digital technologies and cutting-edge architectural design.
- Advised Savills Investment Management SGR on the sale of Palazzo Pitteri (a prestigious historic building dating back to the 1700s) in Trieste’s Piazza dell’Unità d’Italia, as well as an adjacent building in Via Pozzo del Mare.
Studio Legale Padovan
Studio Legale Padovan is best known for its expertise in international infrastructure projects, including highways and railways, as well as energy and sports-related developments; the team also fields litigation, and procurement and public law specialists. It also advises on major real estate transactions, including investments by corporations and wealthy individuals. Marco Padovan heads the real estate and construction team, which includes key associates Michele Bonomini, Fabiola Viccei and Edoardo Poletti.
Practice head(s):
Other key lawyers:
Michele Bonomini; Fabiola Viccei; Edoardo Poletti; Paulina Bače
Testimonials
‘Committed and knowledgeable, and clearly dedicated to clients’ outcomes.‘
‘Studio Legale Padovan comprises a team that provides legal expertise at the highest level. They are really quick and efficient in their service, and the team reflects how a professional law firm should carry out its work.‘
‘One of the most experienced law firms within the construction sector, and such experience stands them out from other law firms.‘
‘Studio Legale Padovan is by far the most comprehensive independent law practice in Italy that I have worked with. They are incredibly well managed and organised.‘
‘Marco Padovan is an exemplary lawyer, who leads the firm with immense vigour and intellectual rigour.’
‘Marco Padovan is a clever, experienced lawyer, who is obviously well valued by clients.‘
‘Marco Padovan is one of the most experienced lawyers within the construction sector, and his detail-oriented work makes him stand out from competitors.‘
‘At associate level, Edoardo Poletti is detailed and conscientious, and Fabiola Viccei is a very capable professional, who is highly trained in issues relating to international contracts and FIDIC regulations.‘
Key clients
Webuild
Salcef
Work highlights
- Advised a construction company on the negotiation and drafting of two settlement agreements, which relate to the supply and installation of core components/machinery for international projects in Africa and South Asia.
- Assisting a construction company with the legal assessment of International Federation of Consulting Engineers-related contractual claims.
Pavia e Ansaldo
Pavia e Ansaldo‘s group handles all stages of real estate and construction mandates, from inception to completion and post-completion disputes; it was recently particularly involved in the fast-growing residential healthcare sector. Fiorenza Resta has longstanding experience in advising on acquisitions, developments and sales of large real estate portfolios; Claudio Cera advises on the full range of real estate issues; and Daniele Carminati is construction and project finance head.
Practice head(s):
Other key lawyers:
Testimonials
‘The team ensures maximum professionalism and availability. It is made up of highly trained professionals from a technical and legal point of view; and each issue is examined in depth from every aspect, including economic and commercial ones so as to provide clients with the best solution.‘
‘Great professionalism and experience.‘
‘Technical-legal preparation is accompanied by excellent pragmatism, which provides the client with business-oriented legal assistance.‘
Key clients
Anas International Enterprise
Danieli & C Officine Meccaniche
Fabrica Immobiliare SGR
FS Sistemi Urbani – Ferrovie dello Stato Italiane Group
Focus Investments
Iniziativa Immobiliare Due
Iniziativa Immobiliare Tre
Gruppo Finim
Gruppo First Atlantic RE
Invimit SGR
InvestiRE SGR
LHM S.r.l.
M+W Italy
Omnia Hotel Group
Proger S
Mayhoola Italy
Sator Immobiliare SGR
Work highlights
- Advised Italy’s national rail operator on the successful sale of the site on which the Olympic Village for the 2026 Winter Olympics (hosted by Milan) will be constructed.
- Advised one of the world’s leading real estate companies on its acquisition of two residences for the elderly from BNP Paribas Reim Italy.
- Advised Gruppo Omnia Hotels on its purchase of a company that owns the four-star Rose Garden Palace in Rome.
Allen & Overy - Studio Legale Associato
Allen & Overy – Studio Legale Associato advises on real estate transactions across all asset classes; the practice is active in relation to logistics, shopping and data centres, office buildings, student housing, and hotels. Paolo Nastasi leads the real estate transactional side, and Pietro Scarfone is a banking and finance specialist.
Practice head(s):
Testimonials
‘Highly professional team, presence and ability to identify solutions of mutual interest to the parties, which facilitates the successful conclusion of transactions.‘
‘Excellent collaboration and a quality team for managing particularly complicated deals.‘
‘Paolo Nastasi is a very present and competent professional.‘
‘Paolo Nastasi and the team offer a broad knowledge of the market.‘
Key clients
Aermont Capital
Algebris Investments
Aedes
Coima SGR
Apollo Global Managament
CDP Immobiliare
DWS
Haribo
Nuveen
Primark
Signal Capital Partners
Starwood Capital
The Space Cinema
Vollin
Work highlights
- Advised Algebris Investments on the acquisition, (through an SPV vehicle belonging to its Algebris NPL Partnership III fund) of an 8,900sqm building in Rome, which will be redeveloped for office buildings from a closed-ended fund called Scoiattolo (owned by TORRE SGR).
- Advised Aermont Capital on its investment in the mixed-use urban regeneration and redevelopment of Manifattura Tabacchi, a 1930s industrial complex of 110,000 sqm and 16 buildings in Florence.
- Advised an international real estate fund on the acquisition of a logistics park, comprising ten logistics assets and a light industrial asset.
Ashurst
Ashurst‘s Italian real estate practice acts for investors, asset managers, developers and lenders on a range of transactions. Heading up the practice, Andrea Caputo‘s expertise includes acquisitions, disposals and lettings of large-scale retail, office, residential, hotel, leisure and logistic portfolios; Mario Lisanti leads the Italian banking team.
Practice head(s):
Other key lawyers:
Testimonials
‘The team led by Andrea Caputo is characterised not only by the legal skills of its members, but also by the ability to guide and stand by the client during complex phases of real estate transactions.‘
‘In addition to being an excellent lawyer, Andrea Caputo has excellent negotiating skills and great experience in the field.‘
Key clients
DeA Capital Real Estate SGR
Prelios SGR
Hines
BNP Paribas
Azimut Libera Impresa SGR
AXA XL
Nissan Italia
SMBC Bank
UniCredit
Cheyne Capital
Banco BPM
Work highlights
- Advised Hines on the acquisition (on behalf of the Hines European Value Fund (HEVF Milan1), which is managed by Prelios SGR, of Milan’s iconic 27-storey, mixed-use Torre Velasca tower.
- Advised DeA Capital Real Estate SGR (as manager of Omega Fund) on the sale of Arte 25 (a prime office complex in the central business district of Rome) to a family of Allianz Group investors (acting through the Italian branch of Allianz Real Estate).
- Advised Hines on the sale of Via Crespi 26 srl (which owns an office building in Milan that is leased to Richmont Holding Italia) to a real estate investment fund managed by BNP Paribas REIM.
Carnelutti Studio Legale Associato
Carnelutti Studio Legale Associato‘s practice is active in sales and purchases, investments, management matters, leasing, and the development of high-value properties; its experience spans a range of property types, particularly logistics, offices, retail, and hospitality and leisure. Department head Benedetta Amisano has over 20 years’ real estate sector experience.
Practice head(s):
Other key lawyers:
Testimonials
‘An extremely competent and helpful team.‘
‘The firm is able to provide top-level consultancy services without losing focus, and adapts to the client’s needs with naturalness and professionalism.‘
‘High technical capacity and dedication.‘
‘The constant presence of the partners is a strength when compared to many other firms that leave associates on the front line even during delicate moments of negotiations.‘
‘With reference to innovations, we greatly appreciated the new technologies and the new programmes that they have made available to clients.‘
‘Benedetta Amisano is technically very good.‘
‘Benedetta Amisano is appreciated for her consolidated experience. During each negotiation, she manages to make a difference and protects the interests of clients – her technical expertise is also a real plus.‘
‘Benedetta Amisano and her team are greatly appreciated, not only for their negotiating skills but above all for their constructive approach to solving technical problems that emerge during negotiations.‘
Key clients
AP Wireless
Aquileia Capital Services
BNP Paribas Reim SGR
Castello SGR
F2i SGR
Fincos
FLE Italia SICAF
LFPI Italia Reim
GA 2019 SRL
Immobiliare Stampa
REAM SGR
Ritz Paris
Iside
Work highlights
- Advised Immobiliare Stampa, a Bain Capital Credit company, on the sale of an iconic property in Rome’s Trevi district.
- Advised Immobiliare Stampa on the sale of a building in Milan’s Via Turati.
- Advised FLE Italia SICAF on the purchase of a multi-tenant office building in Rome.
Curtis, Mallet-Prevost, Colt & Mosle
Curtis, Mallet-Prevost, Colt & Mosle‘s real estate transactions expert Sergio Esposito Farber heads the team, which is routinely instructed by UK and US-headquartered international companies; Alfonso de Marco advises on office, retail, industrial, residential and leisure-related matters; and Carmine Gravina assists with the acquisition, development and sale of real estate.
Practice head(s):
Other key lawyers:
Alfonso de Marco; Carmine Gravina; Giovanni Sagramoso; Dino Dima; Francesco Caccioppoli; Francesco Dell’Atti
Testimonials
‘Professionalism, commitment and absolute alignment with the client’s objectives.‘
‘Curtis has provided us with excellent service during the past eight years.‘
‘As a US client doing business in Italy, Curtis has been extremely good in helping us navigate the Italian legal system in a way that is understandable to us.‘
‘An element of particular distinction is their ability to team up directly with all the other players involved in our real estate investment process (typically, the consultant who carries out the due diligence on technical, environmental, structural and urban/building aspects, the notary in charge of drawing up the deed of sale, and the tax adviser), making it more efficient and smooth.‘
‘Sergio Esposito Farber knows the Italian legal market extremely well and has been invaluable in assisting us with our legal needs.‘
‘Sergio Esposito Farber – flexibility and adaptability to the complexities of international clients, and understanding of the constantly evolving macroeconomic scenarios.‘
‘Carmine Gravina combines deep knowledge of the subject with careful management of negotiations with counterparties.‘
‘Counsel Francesco Dell’Atti – continuous and absolute commitment, even beyond specific professional assignments in order to obtain the best possible result for the client. He is also adaptable to the scenarios in which the client operates.‘
Key clients
CDP Immobiliare
Colony Capital SAS
DeA Capital Real Estate SGR
Fabrica Immobiliare SGR
Hotelturist
Invimit SGR
Residenziale Immobiliare 2004
Rete Ferroviaria Italiana
Work highlights
- Assisted a real estate investment fund, managed by Colony Capital SAS, with structuring and negotiating the contractual documentation for the disposal (by way of an asset deal) of a real estate portfolio in Rome.
- Advised DeA Capital Real Estate SGR on the post-closing activities surrounding a sale and purchase agreement entered into between Diamond Core Fund (managed by DeA Capital Real Estate SGR) and the seller (an Italian company controlled by Goldman Sachs).
- Assisted Residenziale Immobiliare 2004 (Cassa Depositi e Prestiti group), as landlord, with drafting and negotiating transaction documents pertaining to the renovation and future lease of a significant part of a historical building in Rome to a utility company.
Jones Day
Jones Day acts on the purchase, sale, leasing and development of real estate assets and portfolio properties; it fields experts in retail, logistics, and commercial and leisure properties. Francesco Squerzoni advises on real estate financing, and investment and development projects, while partner Paolo Foppiani recently joined from DLA Piper.
Practice head(s):
Other key lawyers:
Testimonials
‘The service received is of the highest quality and their opinions are very pragmatic and detailed.‘
‘Their opinions were provided on time, even when dictated by pressing deadlines.‘
‘Compared to the competition, they differ in terms of greater client experience and dedication.‘
‘International presence with the ability to cover a multiplicity of jurisdictions while maintaining homogeneity in the quality of service and processes.‘
‘A multidisciplinary approach, with different areas effectively and simultaneously covered.‘
‘Brand recognition on the market at both national and international levels, both in terms of real estate finance and real estate securitisation.’
‘Francesco Squerzoni and Andrea Cantarelli have extensive experience and in-depth knowledge of the legislation. Their experience and attention to detail have allowed a clear and rapid understanding of the problems, significantly reducing contract negotiation times.‘
‘Associate Silvia Beggiato has a solid background, the ability to interpret clients’ needs, and is solution oriented – a strong ability to create solid and constructive relationships with consultants and (where necessary) counterparties.‘
Key clients
Crédit Agricole Corporate and Investment Bank (Milan Branch)
AnaCap Financial Partners
CBRE Group
AGG Capital Management
ING Capital
Logicor Italia
Kryalos SGR
Natixis
Tapestry
Principal Real Estate
Tristan Capital Partners
Work highlights
- Advised investor AnaCap on structuring and implementing a real estate securitisation, which related to the acquisition of certain real estate assets in Italy.
- Advised Natixis (Milan Branch) and Société Générale (Milan Branch) on the drafting, negotiation, finalisation and execution of a mortgage facility agreement, secured by a standard security package, including a mortgage over two office buildings in Rome that are let to ENI.
- Advised ING on an amendment to an existing facility agreement, which was granted for the purchase of an office building in Rome.
Studio Professionale Associato a Baker & McKenzie
Studio Professionale Associato a Baker & McKenzie‘s real estate team fields specialists in the hotels, resorts and retail sectors. The group is co-led by corporate and commercial and M&A head Pietro Bernasconi and Rita Marchetti, who regularly advises on the acquisition and divestment of real estate properties and development projects.
Practice head(s):
Key clients
Oracle
Baglioni Hotels
Work highlights
- Advised Baglioni Hotels on the negotiations of a management agreement for a new hotel in the Gulf.
- Assisting Oracle with the lease of its Italian headquarters, which is currently under construction.
Bertacco Recla & Partners
Bertacco Recla & Partners has extensive experience in advising developers, and domestic and international investors, on real estate and construction matters. Paolo Bertacco routinely assists real estate companies, groups, investors and public entities; predominantly advising institutional real estate players, Francesca Tresoldi joined as partner in 2020 from Negri-Clementi Studio Legale Associato.
Practice head(s):
Testimonials
‘The distinctive trait of the firm consists in knowing how to grasp the real needs of client immediately, and advise on the best solution to achieve the objectives efficiently and quickly.‘
‘Each lawyer of the firm, in addition to being very competent, professional and organised, shows strong levels of sensitivity and empathy, which are of considerable help in resolving sometimes tedious and complex issues.‘
‘High levels of expertise and competence.‘
‘A great team that is always on track, responsive, friendly and well prepared for meetings.‘
‘Very good availability and speed of execution.‘
‘Direct, transparent and simple communication.‘
‘The availability, professionalism and skills of Paolo Bertacco are values that are difficult to find elsewhere.‘
‘Francesca Tresoldi and Paolo Bertacco are available at any time to help clients solve the problems identified – always aware of all points, even when not directly involved.‘
Key clients
WestInvest
Lendlease MSG NORTH
GKSD Edile
Unibail-Rodamco-Westfield Milan
Stella Real Estate
MilanoSesto
Parko
Core Milano
Bettinelli 3
Work highlights
- Acted for WestInvest in the €100m-plus purchase of an office building in Rome.
- Acted for Lendlease on a long-term strategic partnership between Lendlease and Psp Investments for the development of Milano Santa Giulia.
- Assisted general contractor GKSD Edile with the preparation, negotiation, conclusion and management of subcontracts during the performance stage of the construction of the new Galeazzi Hospital complex.
CMS
CMS‘ Italy team regularly advises on real estate-related investments, financing and taxation, as well as traditional development advice such as specialist planning, environmental and construction matters. Rome-based Marco Casasole advises on domestic and cross-border real estate transactions; in Milan, Dietmar Zischg assists investment funds with property purchases and sales.
Practice head(s):
Testimonials
‘Coverage of thematic areas, completeness of team skills, and a national and international network.‘
‘Availability, professionalism, competence and the ability to understand clients’ needs.‘
‘Differs in its availability, flexibility and ability to manage complex counterparties in an excellent manner.‘
‘Great collaboration with Dietmar Zischg.‘
Key clients
NH Hotels
SPRL 9Hotel Collection International
Immofinanz
Allianz Real Estate (through VGP European Logistics Sarl 2)
CitizenM Financial Holding
Quntar Hungary Logistics KFT
Dorottya Investments Zrt
Axa Real Estate Investment Managers
Work highlights
- Advised NH Hotels on the acquisition of the operations (business and personnel) of a portfolio of eight high-end hotels.
- Assisted the Tagerim Group, a global expert in property development, hotels and wealth management, with the acquisition of the entire corporate capital of NEW HOMS, which is active in the hotels and leisure sector.
- Assisted Allianz Real Estate (through a joint venture company) on the acquisition of the entire share capital of VGP Park Valsamoggia, which owns two real estate properties to be used as logistics warehouses.
Cocuzza & Associati Studio Legale
Cocuzza & Associati Studio Legale is best known for its advice to Italy’s retail sector. Claudio Cocuzza has over 25 years’ real estate investment and development experience; Alessandro Barzaghi‘s retail sector expertise covers the establishment of investment vehicles, structuring commercial networks, and corporate compliance; and Giulia Comparini is ‘an impressive professional‘.
Practice head(s):
Other key lawyers:
Testimonials
‘Cocuzza is a go-to firm for real estate transactions.‘
‘Those who have to develop real estate projects in both commercial and residential areas can turn to the firm without fail. It provides comprehensive advice on all aspects of operations, from urban planning issues to contracts for the development and construction of buildings – a high-level turnkey service.‘
‘Total mastery of legal issues.‘
‘Ability to grasp immediately the key issues and offer clients practical solutions.‘
‘Giulia Comparini is an impressive professional with significant skills, and has the ability to interact with everyone with simplicity, education and respect. She transmits trust and security both to the team and the client.‘
‘Senior associate Marta Margiocco is competent, and demonstrates an effective and concrete approach to issues.‘
Key clients
Inditex
PVH Corporation
Eurocommercial Properties
Pinko
De Berti Jacchia Franchini Forlani
De Berti Jacchia Franchini Forlani‘s practice is experienced in contractors’ agreements, town planning, real estate investments, property financing and leases. The department also houses experts in the sale and purchase of significant properties and property portfolios. Name partner Gianni Forlani has longstanding expertise in real estate and retail matters.
Practice head(s):
Other key lawyers:
Key clients
Algardi Immobiliare
Ice Snei
IKEA Retail
Inter IKEA Group
Outokumpu
Rolex Italia
Sandvik Group
STS Alpresor AB
GIM Legal
In 2020, GIM Legal hired Alessandro Matteini as equity partner and real estate head from Studio Professionale Associato a Baker & McKenzie. Matteini’s extensive transactional and regulatory real estate sector experience covers various sectors, such as industrial, commercial, retail and hotels. Vincenzo Perri and Gaia Serena were recently made partners.
Practice head(s):
Other key lawyers:
Luigi Rizzi; Vincenzo Perri; Gaia Serena; Nicola Cozzi; Mariachiara Zonfrilli
Testimonials
‘The GIM Legal team has always been very efficient and proactive in proposing solutions that can solve classic impasses between counterparties.‘
‘The whole GIM Legal team has always been extremely professional.’
Key clients
Castello SGR
Cattolica Assicurazioni
Conad Centro Nord
DeA Capital RE SGR
Euregio SGR
GWM Group Holding
House4Crowd
Illumina Group
Banca Guber
Inim Due
Invesco Group
Kervis SGR
Le Fondamenta
Mediobanca SGR
Prelios SGR
Sagitta SGR
Nunziante Magrone
Nunziante Magrone regularly advises on the purchase, sale and management of real estate assets. Leading the practice, Ruben Pescara focuses on real estate acquisitions, retail, luxury properties, and landlord and tenant negotiations. The firm was recently joined by Allen & Overy – Studio Legale Associato‘s former real estate head, Milena Linguanti.
Practice head(s):
Other key lawyers:
Testimonials
‘Great pragmatism in facing and solving problems, evaluating for each matter not only the possible benefits but also the risks and costs, including issues such as longer timescales and risky outcomes.‘
‘Great legal preparation and specific knowledge of this sector.‘
‘Nunziante Magrone’s availability and communication skills help the client in understanding the most complex practices, and in defining and achieving strategic objectives.‘
‘Ruben Pescara has great experience in this sector, giving targeted advice that aims to solve or prevent problems; and he reaches the best solution for the client in terms of economic benefit and timing.‘
‘Ruben Pescara assists us with flexibility and availability.‘
‘Milena Linguanti is competent and professional, with outstanding skills in supporting the client during the various phases of real estate operations.‘
‘Milena Linguanti is able to combine great professional competence with proximity to the client and the understanding of its needs.‘
Key clients
Prelios SGR
WIPAK Bordi
Wake Up Cosmetics
Performance in Lighting
UBS
AMTRUST
Work highlights
- Advised Wipak Bordi on the construction of a new plant.
- Assisted a fund managed by Prelios SGR (Fondo Città di Torino) with a project involving divestment of a site under construction, which is to be developed by the purchaser as student accommodation in Turin.
- Advising a number of international HNWIs and businesses on the acquisition of hotels, luxury properties, vineyards and agricultural properties throughout Italy.
Simmons & Simmons
Simmons & Simmons‘ Italian practice has longstanding experience in providing legal and regulatory advice to property investors, developers, occupiers, landlords, tenants, lenders and borrowers. The group’s scope of expertise covers acquisitions, financing, disposals, development and construction projects, environmental law, planning and leasing. Dario Spinella leads the Italian corporate real estate practice.
Practice head(s):
Other key lawyers:
Testimonials
‘Simmons & Simmons has played a key role in the management of important contracts with international tenants, introducing into the agreements forecasts derived from its considerable experience.‘
‘Unlike other law firms that I have used in previous years, S&S has made a difference (above all) to the management of best practices on the lessor side, allowing for the optimal management of contracts.‘
‘We have appreciated the team’s timeliness, precision in the preparation of documents, and 24/7 availability.‘
‘Despite the sometimes prohibitive times required by clients, they always achieve our goals with work of the highest quality.‘
‘We have worked with Simmons & Simmons for some years now. They have worked tirelessly on our behalf on several projects.‘
‘Simmons & Simmons’ people are professional, always knowledgeable and effective.‘
Key clients
Kryalos SGR
PineBridge Benson Elliot
Europa Risorse SGR
The Ability Group
Forti Sviluppo Immobiliare
SEDCO Holding
Finanziaria Immobiliare D’Este
Morning Capital
Commer
Algos
Withers Studio Legale
Withers Studio Legale‘s real estate practice focuses on the investment and financing needs of HNW individuals, entrepreneurs and family businesses; it works closely with real estate colleagues across the firm’s international network. Leading the Italian practice, Roberta Crivellaro divides her time between the firm’s Milan and Padua offices.
Practice head(s):
Other key lawyers:
Testimonials
‘The firm is a one-stop shop when it comes to dealing in a foreign jurisdiction.‘
‘We were able to get professional advice on all critical aspects of our decision making (personal and corporate taxation, immigration, litigation, real estate, structuring etc).‘
‘The work and delivery of advice were smooth and efficient due to a strong inter-company culture.‘
‘The Italian team is a relatively small practice, but very joined up. It has the knowledge to face all situations and the people to cope with very wealthy clients and difficult opposing lawyers, in addition to being polite and pleasant.‘
‘Roberta Crivellaro was great in formulating the original legal position, given her extensive experience and understanding of the risks inherent in the Italian real estate market.‘
‘Roberta Crivellaro is now famous in the real estate world in Italy for her market competence. She and senior associate Mattia Biasi are the go-to people in our world.‘
‘Mattia Biasi’s handling of clients’ de-briefs and some of the drafting sessions led to efficient billing without jeopardising the quality of work.‘
Key clients
Santa Margherita
Acanthus Capital
Consonni Capital
Officine Mak (Osio Sotto)
Work highlights
- Assisting Santa Margherita, a large and prestigious Italian wine maker, with the purchase of a subsidiary company that was subject to an insolvency procedure and included a real estate asset.
- Assisted Acanthus Capital with the purchase of all the shares in Azienda Agricola Il Colto di Arnetoli Stefano e C Sas – Società Agricola, an Italian farmhouse company that manages a building complex called Villa Fabbroni.
- Assisted Consonni Capital, a securitisation special purpose vehicle, with the purchase of an industrial area.