Firms To Watch: Real estate and construction

Boutique law firm CCSL Advogados is a popular choice for individual and institutional investors, and is highly experienced in the acquisition, disposal, lease and redevelopment of a wide range of real estate assets; a key contact is practice head João Lemos de Portugal.
Pares Advogados has a wealth of experience acting for groups of investors, private equity houses and investment funds on property transfers, acquisitions of land plots for development, lease contracts and investment transactions; Luis De Gouveia Fernandes, Myriam Ouaki and Rui Rompante are key contacts.

Real estate and construction in Portugal

Abreu Advogados

Abreu Advogados‘professional, experienced and proactive’ real estate team is ‘an excellent business partner, with a solution-driven approach’. The practice acts for a diverse roster of clients, including developers, banks, retailers, shopping centres and private investors, in all stages of real estate transactions. Additionally, the group houses a notary and registration office, facilitating the formalisation of mortgages, sales and horizontal property deeds. Notable for his expertise in project development and the construction of large retail stores and shopping centres, Tiago Mendonça de Castro manages the department alongside Patrícia Viana, who is seasoned in real estate M&A and sale and leaseback transactions. Other key lawyers include Maria Santa Martha in Porto, who was made partner in April 2022, and Diogo Belard Correia, who is a popular choice for investors and developers seeking advice on residential and tourism-related real estate projects.

Practice head(s):

Tiago Mendonça Castro; Patricia Viana

Other key lawyers:

Maria Santa Martha; Sara Ferraz Mendonça; Diogo Belard Correia


‘Abreu Advogados is very professional and efficient. I appreciate the team’s personal touch which makes me feel very well looked after. Attention to detail is another key element which makes me choose Abreu Advogados. Its practitioners are the best by far from all the other law firms I have dealt with in Portugal and beyond. I have recommended Abreu Advogados numerous times to my family members and friends.’

‘Diogo Belard Correia is a highly valued professional, who I have been honoured to work with for the past two years. I value Diogo for his prompt and efficient responses.’

‘Great internal communication is very important for the success of a process. Abreu excels in that.’

‘Attention to detail and outstanding client relations. Knowledgeable professional lawyers.’ 

‘Tiago Mendonça de Castro has vast experience and knowledge of the various aspects of the real estate and construction sectors.’

‘Sara Ferraz Mendonça is very professional and dedicated to the client, with the ability to follow up on client matters and effectively manage issues always in favour of the client and its objectives. She is creative in structuring the proposed solutions and has the excellent ability to deal with complex matters in a practical way.’

‘Patricia Viana is knowledgeable and professional.’

‘Tiago Mendonça de Castro and Diogo Belard Correia are both very knowledgeable and give solid advice on all aspects of real estate transactions.’

Key clients



Fortera Properties

Noble Faces

Coca-Cola Company


Chint Solar



INGKA Centres

Time Out Market Porto

Urbania International





Henley & Partners

Savory & Partners


Portugal Unplugged

Sweet Tomato





Work highlights

  • Advised IKEA Group on the restructuring of its retail activities and the expansion and reconversion of commercial areas into new warehouses.
  • Acted for Fortera Group in the setting up of a joint venture with an Israeli group for the construction of Skyline Project, a multi-purpose complex.
  • Assisted a client with the installation of “Time Out Market Porto”, the second opening in Portugal, to be installed inside the historical São Bento train station.


Cuatrecasas‘ real estate and town planning practice is a popular destination for major investors and financial institutions seeking assistance with their investments in Portugal. Covering transactional, regulatory and project development work, the group excels in real estate M&A and offers advice across a wide range of real estate assets, including residential, offices, logistics and tourism. Nuno Sá Carvalho heads the team and is frequently involved in complex acquisitions of real estate portfolios, hotels, shopping centres and logistics parks. Sara Quaresma works alongside Carvalho and has a strong background in construction, regeneration and urban leases matters. Following its merger with SLCM | Serra Lopes, Cortes Martins & Associados, the team also includes real estate experts Rafael Lucas Pires and Maria Raquel Moreira. The group was strengthened by the arrivals of Hugo Nunes from Sofia Galvao Advogados in May 2023, and Sofia Gomes da Costa from PLMJ in July 2023.

Practice head(s):

Nuno Sá Carvalho

Other key lawyers:

Rafael Lucas Pires; Maria Raquel Moreira; Sara Quaresma; Hugo Nunes; Sofia Gomes da Costa

Key clients

Icade Santé Group

Macl Capital

Novaxia Group


Bankinter – Montepino

Jaymon Investments LLC


Gaw Capital

Caixa Geral de Depósitos Group

Novo Banco Group

Somfy Group


Soho House

Adeo Groupe (Bricomart)

Motel One

Sonder Hospitality

Maya Capital



RFR Management


Les Mousquetaires




Eurofund / Baupost

Hi Partners


Club Med




Drago Capital


The Student Hotel

Castle Group

Unicorn Group





IP Investments

Work highlights

  • Advised Icade Santé on the acquisition of the SaúdeInveste fund from Fidelidade, including six leased properties for the operation of the Lusíadas private hospitals.
  • Assisted Grupo Novo Banco (GNB) in the sale of a logistics portfolio of 20 premises to Blackstone.
  • Acted for Macl Capital in the acquisition of a shopping centre in Cascais to redevelop it into a luxury residential condominium.

Garrigues Portugal

Garrigues Portugal‘ real estate and planning practice has a proven track record in real estate investment and financing transactions, making it popular among leading private equity houses, banks, investment firms, pension funds and other financial institutions. In addition to its strength in real estate M&A, portfolio acquisitions and project development, the team is also establishing a robust practice in warrant and indemnity policy matters. Praised for his ‘vast knowledge and experience in the real estate sector’, Jorge Salvador Gonçalves acts for major international investors and developers in investment deals and oversees the department. Miguel Menezes Da Silva is another name to note for his strong background in real estate M&A.

Practice head(s):

Jorge Salvador Gonçalves

Other key lawyers:

Miguel Menezes da Silva


‘Knowledge of the market and its clients.’

‘Jorge Gonçalves has vast knowledge and experience in the real estate sector.’

‘Miguel Menezes da Silva is experienced in the real estate sector and close to the client.’

‘Iberian law firm with vast knowledge of our business activity.’

‘Jorge Salvador Gonçalves has been working for us for several years. He is very knowledgeable, experienced and conveys a lot of confidence to the client.’

Key clients

Acciona Inmobiliaria



Arrow Capital

Cerberus Group

AXA IM Real Assets

Blackbrook Capital





Fidelidade Property (Fosun Group)

Harbert Management Corporation

Henderson Park Capital Partners

Jamestown LP

Lifento SAS

Merlin Properties SOCIMI

Novo Banco Group

Tander Inversiones SOCIMI

VGP Parks

Work highlights

  • Advised Brookfield & Temprano Capital on the acquisition of three student residences in Portugal as part of a wider investment, including a portfolio of 19 residences in the Iberian Peninsula.
  • Acted for Lifento SAS, through its local subsidiary SADIOC SICAFI, in the acquisition of Hospital Particular de Almada.
  • Assisted DoValue in the sale of Leiria Retail Park and Penafiel Retail Park to a local investor.

Morais Leitão, Galvão Teles, Soares da Silva & Associados

Morais Leitão, Galvão Teles, Soares da Silva & Associados‘ hands-on’ real estate team is noted for its wealth of experience in corporate and transactional real estate matters. The group acts for a premier roster of domestic and foreign investment firms, private equity houses, banks and developers operating in a wide range of sectors, including commercial, residential, industrial, tourism and retail. Led by go-to lawyer’ João Torroaes Valente, the department excels in real estate M&A, joint ventures, the acquisition and sale of property portfolios, leaseback operations and mortgaged-backed credits. Rita Ferreira Vicente is noted for her expertise in tourism projects and the incorporation of real estate management companies and real estate funds. Principal associate João Fitas supports the team and is seasoned in sale and leaseback deals.

Practice head(s):

João Torroaes Valente

Other key lawyers:

Rita Ferreira Vicente; João Fitas


‘The team is very hands on, has the full legal skillset, combined with significant expertise and a serious understanding of commercial matters.’

‘João Torroaes Valente is very focused on achieving the client’s goals.’

‘João Fitas digs deep into detail and if there is something to find he will find it. He is prepared to go the extra mile to achieve the client’s goals. His expertise in real estate transactions is remarkable.’

‘Rita Ferreira Vicente and João Fitas are available and have the great ability to come up with turnkey solutions.’ 

‘Great team that reacts quickly to client requests. Great at escalating issues quickly with the right level or urgency.’

‘João Torroaes Valente is the most trusted hotel expert in Portugal and the undisputed go-to lawyer in the industry. His knowledge and experience is second to none.’

‘João Fitas managed our deal process expertly, with particular focus on achieving outcomes quickly.’

‘A team always willing to defend the interests of its client, always taking into account the purpose of reaching an agreement with the counterparty. Morais Leitão’s ability to offer a multidisciplinary team helps a lot in evaluating all the parameters of a real estate project.’


Offering ‘a full service in the real estate space’, PLMJ‘s ‘extremely commercial’ team assists leading Portuguese and international investors and companies in the whole spectrum of real estate matters, including M&A, acquisitions and financings. The practice frequently handles transactions in Portugal and other Portuguese-speaking countries, and is jointly led by Francisco Lino Dias, who acts for institutional investors and developers on lease, built-to-rent and forward funding operations, and Teresa Madeira Afonso. Managing associate Sérgio Antunes Teixeira is a popular choice for hotel groups and large retailers. Margarida Osório de Amorim, Rita Alarcão Júdice and Sofia Gomes da Costa are no longer at the firm.

Practice head(s):

Francisco Lino Dias; Teresa Madeira Afonso

Other key lawyers:

Micaela Giestas; Luís Filipe Santiago Salema; Eduardo Crespo; Sofia Coutinho; Sérgio Antunes Teixeira


‘Unique team led by Francisco Lino Dias that provides all the required support. The team measures risks and provides accurate advice. It is extremely commercial and gives alternatives in negotiations with counterparties.’

‘Francisco Lino Dias is probably the best lawyer I have worked with in real estate transactions. Human quality, commercial skills and excellent technical command of legal matters make him unique. I would also highlight Micaela Giestas, Luís Filipe Santiago Salema and Eduardo Crespo as rising stars.’

‘Deep market knowledge, responsiveness, strong negotiation skills and strong presence in online and offline meetings.’

‘PLMJ offers a full service in the real estate space. Above all, we feel comfortable in the team’s decision-making process, which helps us a lot in managing real estate portfolios. Great value.’

I worked a lot with Sofia Coutinho, who shows commercial sensitivity and helps us to find solutions to obstacles that arise during negotiations. Finally, Sérgio Teixeira demonstrates high practical sense.’

Key clients

Blackstone Group



Cerberus European Investments

GALP (Petróleos de Portugal – Petrogal)

BNP Paribas Real Estate

Kantar Business Services

Minor International

Davidson Kempner

Barclays Bank

Commerz Real Group

Banco BTG Pactual

Universidade Nova De Lisboa /Fundação Alfredo de Sousa

Incus Capital Advisors

Logicor Group

WeWork International Limited

Europi Property Group

Bedrock Capital

Grupo Sil

Bizau Capital Partners

Elegant Offices (Martinhal group)

Horizon Equity Partners



Mornington Capital

WP Carey

Solyd / Oaktree


UBS Real Estate

United Investments Portugal

Principal Real Estate

Keyhaven Capital Partners Limited Group


Work highlights

  • Advised Davidson Kempner on the acquisition of ECS’ restructuring funds, which involved a significant hospitality and leisure real estate portfolio.
  • Acted for BTG Pactual on the acquisition of the emblematic Estoril Eden building to be refurbished and developed as a tourism project.
  • Assisted Elegant Family Offices in the sale to AGEAS Insurance of a landmark office building located on the riverside in Lisbon.

Uría Menéndez – Proença Carvalho

Uría Menéndez – Proença Carvalho is regularly involved in some of the most high-profile real estate transactions in the market. Acting for large foreign and domestic investors, financial institutions and developers, the group excels in real estate M&A, warrant and indemnity insurance policies matters, restructurings and financing. Another area of particular strength for the practice is in insolvency and pre-insolvency matters, as well as REO portfolios. The department is managed by Duarte Garin, Rita Xavier de Brito and Francisco da Cunha Ferreira. Garin is a key contact for urban planning and licensing matters in the tourism sector and acquisitions of mortgage-backed loan portfolios; Xavier de Brito and Cunha Ferreira are highly experienced in acquisition finance, refinancing and restructuring transactions involving logistics, office buildings, shopping centres and hotels.

Practice head(s):

Duarte Garin; Rita Xavier de Brito; Francisco da Cunha Ferreira

Other key lawyers:

Alexandre Pedral Sampaio


‘I’d highlight Francisco da Cunha Ferreira and Alexandre Pedral Sampaio.’

Key clients


M7 Real Estate

Explorer Investments


Tristan Capital Partners


Nuveen Real Estate


Tikehau Capital

BNP Paribas Real Estate

Frux Capital


Floris Marvila

Work highlights

  • Advised Azora on the acquisition of two hotels, Tivoli Marina Vilamoura and Tivoli Carvoeiro.
  • Assisted M7 Real Estate in the sale of a portfolio of logistics assets.
  • Acted for the French fund Corum Eurion in the acquisition of an office asset in Green Park, Lisbon.


The real estate and construction practice at VdA is highly regarded for its ‘vast experience and know-how in all aspects related to real estate and urban planning matters’. With a proven track record in project development work, the group excels in assisting clients in the implementation of medium- and long-term investment operations and financing. Leading the department is Pedro Ferreirinha, who draws on more than 25 years of experience advising on acquisitions and sale and leaseback transactions involving residential, office, hotel and retail projects. Miguel Marques dos Santos acts for major national and foreign investors and developers. Pedro Pereira Coutinho is particularly active in the hospitality and leisure sectors, while Pedro Corrêa de Oliveira is especially sought after to handle project development matters in the retail, residential and tourism segments.

Practice head(s):

Pedro Ferreirinha

Other key lawyers:

Miguel Marques dos Santos; Pedro Pereira Coutinho; Lisa Ventura Lopes; Raul Mota Cerveira


‘Vast experience and know-how in all aspects related to real estate and urban planning matters. Ability to provide legal support in all phases of a project’s development. When necessary, VdA has “in-house” skills and competences in areas complementary to real estate, managing to provide support in an integrated manner. Good network in Portugal, both in the private and public sectors.’

‘Extraordinary follow-ups on a daily basis. Very fast responses. High capacity for argumentation.’

‘Lisa Ventura Lopes has great knowledge of the real estate market and all the regulations in force. Strong commercial sense. Great ability to close deals. Result oriented.’

‘Pedro Pereira Coutinho is empathetic in commercial relationships and focused on closing deals.’

‘Pedro Ferreirinha has great knowledge of the real estate market, with a high capacity for strategy and extensive experience in the development of complex projects. Strong domain in all legal aspects of real estate and urban planning.

‘Pedro Corrêa de Oliveira is very organised and has extensive knowledge of all areas and schemes for implementing real estate projects.’

‘Raul Mota Cerveira has a good sense of urgency and is very competent in the field of real estate and urban planning. Good network, including public sector entities.’

Key clients

Vanguard Properties (Group Claude Berda)

Groupe Castel





Ageas Portugal

EMGI – Investment Group, Unipessoal, Lda.



Via Outlets

Work highlights

  • Assisted Vanguard Properties in the development of two high-end tourism and residential projects in Comporta along a 60km stretch of beach.


The real estate team at Linklaters is ‘very solution oriented and provides excellent services for complex portfolio transactions’. A popular choice for sellers, purchasers and financiers, the group excels in portfolio disposals and acquisitions and is highly rated for its ‘cross-border advice and integration of different areas of expertise’. Headed by the knowledgeable and very well-known’ Diogo Plantier Santos, the practice advises on the establishment of investment vehicles, joint ventures and cross-border investment. Supporting the team are managing associates Evo Fernandes and Diogo Barros Pereira, who are focused on advising large private equity firms, banks, pension funds and corporate clients.

Practice head(s):

Diogo Plantier Santos

Other key lawyers:

Evo Fernandes; Diogo Barros Pereira


‘The team is very solution oriented and provides excellent services for complex portfolio transactions.’

‘Diogo Plantier dos Santos is a knowledgeable lawyer and very well known among his peers. He inspires trust, is very calm and prepares very well for negotiation meetings. He has deep knowledge of the law, not only real estate but also M&A and corporate matters, as well a thorough understanding of the market.’

‘Evo Fernandes is always available to assist his clients. He is technically strong and keen on solving complex issues. He pays significant attention to detail, without losing the big picture of the deal, and keeps at the same time a commercial spirit. He is really hard working. Together with Diogo Plantier dos Santos and the rest of the associates, they make a great team that I would for sure recommend.’

Key clients

BNP Paribas SA

Cerberus Global Investments

Oitante, SA

Luz Saúde

The Cobble Capital

Novo Banco, SA

Pontos Oy (Quinta da Ombria)

ECS – Sociedade de Capital de Risco, SA

Work highlights

  • Advised BNP Paribas on a forward purchase of two office buildings named Aura and Echo, located at the EXEO Office Campus in Parque das Nações.

Sofia Galvao Advogados

‘Highly qualified’ boutique law firm Sofia Galvao Advogados is a go-to adviser for institutional investors, developers and corporate clients seeking assistance with complex real estate and planning law matters. The group assists clients in major development operations and is geared to handle sales, acquisitions and leaseback transactions. Sofia Galvao Advogados manages a broad practice covering land and maritime planning, real estate, construction and public procurement. Also recommended is Luís Moitinho De Almeida. Former practice head Hugo Nunes is no longer at the firm.

Practice head(s):

Sofia Galvão

Other key lawyers:

Luis Moitinho de Almeida


‘Can do attitude and knowledgeable.’

‘Probably the most prepared team on the market to respond to the legal challenges of the sector.’

‘In complex urban planning processes in Portugal, the team knows the law in detail and is often able to anticipate problems and strategically advises clients. As a result of its extensive experience, it has easy access to the authorities. Its lawyers have a clear understanding of the project and their interactions with architects are always proactive and deliver results.’

‘I recommend Sofia Galvão and Luís Moitinho de Almeida. I value their know-how and commitment in solving problems. Accessible and available, they make all the difference in solving complex issues and in approaching the authorities.’

‘Highly qualified office in this area, and with great professionals and extensive experience in highly complex processes.’

‘I strongly recommend Luis Moitinho de Almeida and Sofia Galvão for their dedication and deep knowledge of the subjects.’

Key clients

Discovery Land Company

Tidewell Corporation

ECS Capital Group

Universidade Católica Portuguesa

Work highlights

  • Advised DLC on a project involving the acquisition and development of a waterfront prime-location allotment in Melides, Alentejo, for the installation of a residential and touristic complex.
  • Assisted El Corte Inglés in complex planning matters and in obtaining the approval of an allotment architecture.
  • Acted for Novo Banco Group in two real estate and planning projects, Artilharia 1 in Lisbon, and Benagil in Algarve.

CCA Law Firm

CCA Law Firm advises a varied client roster of domestic and international private investors, developers, funds, hotels and companies. The group is adept in handling project development work, investment transactions, licensing matters and the acquisition of property portfolios. Headed by duo Madalena Azeredo Perdigão and Tomás Assis Teixeira, the practice advises on transactions across a wide range of real estate assets, including residential, office, mixed-use, hospitality, tourism and energy. Managing associate Vera Martinez is noted for her strong background in sale and lease operations, as well as urban planning matters.

Practice head(s):

Madalena Azeredo Perdigão; Tomás Assis Teixeira

Other key lawyers:

Vera Martinez; Inês Melo dos Santos


‘Good knowledge of real estate matters and licensing issues.’

‘Its lawyers know my business and act as if they were part of my team even though they are an external resource.’

‘Team sends me updates via news letters and webinars. It anticipates my needs.’

‘I recommend Madalena Azeredo Perdigão and Inês Melo dos Santos.’

‘Responsiveness, speedy and cross-sector knowledge.’

‘Clear and honest, adapting to clients’ needs.’

Key clients

Iberis Capital

Rock Capital Fund

Solstice Investments

Friendly Pattern, Lda

Lxci – Lx Capital Investimentos, Lda

Onyria Group


Enfinity Global

Tayan Energy

Arish Capital Partners

Feels Like Home



Limestone Capital

Esqina hotels

AP Wireless

Accor Hotels

Global Citizen Solutions

Colep Consumer Products

Colep Packaging


Monarque Funds

Milla Med Portugal/Charanga

FSG Saúde

Work highlights

  • Advised Onyria Group on a major €37m real estate refinancing operation, which involved several parties, multiple jurisdictions and several types of securities.
  • Assisted REDEVCO in the acquisition of a real estate property located in downtown Lisbon to be converted into a four-star hotel.
  • Acted for Fundo de Investimento Imobiliário Aberto (IMOFID), an investment fund managed by Fidelidade, in the acquisition of a building recently reconstructed and licensed to operate as a five star hotel.


The real estate and construction team at DLA Piper ABBC demonstrates ‘high technical knowledge and practical sense in solving problems’ and is often engaged in lease operations, portfolio acquisitions and real estate due diligence matters. The practice is led by Luis Filipe Carvalho, who has ‘an in-depth knowledge of the real estate and construction sector’. Senior associate Paulo Anjo manages a broad practice, covering investment transactions, long- and short-term leases, M&A and planning matters.

Practice head(s):

Luís Filipe Carvalho

Other key lawyers:

Paulo Anjo


‘High technical knowledge and practical sense in solving problems.’

‘The team demonstrates availability, responds to clients’ requests quickly, supports the client with licensing matters as well as contract management with suppliers.’

‘Luís Filipe Carvalho has an in-depth knowledge of the real estate and construction sector. Due to his experience, the assistance he provides in the evaluation and proposals of actions before public entities and in the elaboration and management of contracts always lead to a compromise between the parties.’

‘Diversity of services. Quick responses.’

‘Luís Filipe Carvalho is recommended.’

Key clients

EDP Real Estate

Vector Mais


Volkswagen Autoeuropa



Prime Yield


Caixa de Previdência Benguela

Lufthansa Group

Work highlights

  • Assisted BorgWarner Portugal in the purchase of a property for the construction of a new factory in Portugal for electric car components.
  • Advised Invesco on the negotiation and conclusion of the purchase of a portfolio of land located in prime areas in the north of Portugal for future real estate developments.
  • Acted for UBER in the position of senior legal counsel for real estate matters in the EMEA and APAC regions.

Eversheds Sutherland FCB

Eversheds Sutherland FCB‘s real estate department is experienced in investment operations, construction matters and real estate development for residential, commercial, touristic, logistics and rural purposes. Noted for his expertise in the sale and purchase of real estate assets and construction contracts, Miguel Lorena Brito co-leads the team with Rodrigo Almeida Dias, whose practice focuses on real estate M&A and corporate matters. Another key name is Gonçalo Mexia, who is particularly skilled in lease transactions and the agriculture sector.

Practice head(s):

Miguel Lorena Brito; Rodrigo Almeida Dias

Other key lawyers:

Gonçalo Mexia

Key clients






EQT Exeter


Room Mate

Santa Lucia

Campolide XXI

Aquila Group

Kering Group

Sonagi Imobiliária

Frasers Group

Sports Direct



Promociones Habitat


IWC Group


Route One Investment Company

Jordan Park Group

Kew Capital

Hyperion Renewables


Work highlights

  • Advised Decathlon on the sale and leaseback of five assets in Portugal with one of the world’s largest independent financial advisory groups.
  • Assisted Aquila Group in the acquisition of a logistic centre in Azambuja.
  • Advised EQT Exeter on the binding offer process for the acquisition of a real estate logistic portfolio of 20 assets in Portugal, in the value of over €190m.

pbbr - Sociedade de Advogados RL

pbbr - Sociedade de Advogados RL advises across the full life cycle of real estate projects, from due diligences and acquisition financing deals to urban planning matters and project development. Active in all types of real estate projects, including commercial, residential, tourism and logistics, the team also handles joint ventures, M&A and the creation of property investment vehicles. Pedro Pinto typically acts for domestic and foreign investors, financial institutions and developers and co-heads the practice with Teresa Freire, who is seasoned in real estate, construction and urban planning matters. Another key names is construction and urban planning expert Tânia Ferreira Osório.

Practice head(s):

Pedro Pinto; Teresa Freire

Other key lawyers:

Tânia Ferreira Osorio

Key clients

MDSR Investments

Groupe Térresens

Keys Asset Management


Prime Portugal


Kiabi Group

Serris Reim

Benchimmo Real Estate / Puratos Group

Acacia Point

Bastidor Group

Europe Hotels Private Collection


AnaHome Group

Group Atrium

Work highlights

  • Assisted Roundhill in the acquisition of a portfolio of a major operator and developer of PBSA (Property Built Student Accommodation).
  • Advised Avenue, Aermont and Perella Weinberg on the acquisition and development of high-profile projects in Lisbon and Porto.
  • Acted for RE Capital in the acquisition and development of several projects in Portugal, including the acquisition of the project Favorita in a premier location in Lisbon.

RRP Advogados

The ‘competent and very knowledgeable’ real estate group at RRP Advogados is known for its strong transactional practice, which covers lease operations, acquisitions and M&A. Instructed by investment firms, retail funds, developers and corporates, the department is led by managing partner Ricardo Reigada Pereira, who is noted as one of the best real estate lawyers in Portugal’ and is well versed in the full life cycle of real estate investments and related tax matters. Supporting the team are senior associates José Henriques and Hélder Santos Correia.

Practice head(s):

Ricardo Reigada Pereira

Other key lawyers:

José Henriques; Hélder Santos Correia


‘Its expertise and knowledge of the Portuguese market and all of its relevant players make the team an exceptional choice for anything related with real estate. All lawyers involved, from partners to junior lawyers, demonstrated rigour and deep involvement.’

‘I certainly consider Ricardo one of the best real estate lawyers in Portugal. Since the first time I worked with him, I was impressed by his ability to find new ideas and capacity to find consensus among different parties.’

‘Ricardo Pereira and Helder Santos Correia are recommended.’

‘They are serious, honest, competent and very knowledgeable. I would highlight Ricardo Reigada Pereira.’

‘Total mastery of matters, strong focus on the client’s interests and always searching for solutions.’

‘Ricardo Reigada Pereira is our go-to lawyer. He combines mastery of tax matters, commercial approach and speed of execution and the ability.’

‘What distinguishes RRP Advogados is the culture of service quality in all aspects, the education of its professionals, the professionalism of the employees, the quick responses and the in-depth analysis of the matters.’

‘Ricardo Reigada Pereira is an excellent professional and incredible human being. He treats all his clients with the same quality of service regardless of the fees. José Manuel Henriques is professional, attentive and dedicated. Tamara Fonseca is an excellent professional.’ 

Key clients

AEW Europe City Retail Fund

AM alpha

Aretha Capital Partners



Catalyst Capital

CIC Patrimonio

Groupama REIM

Groupe Legendre

Healthcare Activos



Krest Real Estate Investments

M7 Real Estate

Medical Properties Trust

Mitiska REIM




Suitable Universe

Suitcase Hospitality

Work highlights

  • Assisted Medical Properties Trust in the acquisition of a healthcare unit in Aveiro district from Atrys Health, in the context of a sale and leaseback transaction.
  • Advised Krest on the pre-letting of approx. 3,000sqm of K-Tower, a new iconic office building in Lisbon, to IWG, to be operated under the Spaces trade mark.
  • Acted for a consortium formed by Casais – Engenharia E Construção and K.C.I. in the development of a building in Porto.

SRS Legal

SRS Legal‘ real estate department combines multidisciplinary expertise across tax, urban and planning, finance, wealth management and litigation. Instructed by major international clients, the group excels in sale and purchase transactions, leaseback agreements and project development. The practice is particularly active in the residential, hotel, leisure and tourism segments of the real estate market, and is geared to handle the full life cycle of projects. Leading the team are Neuza Pereira De Campos, who frequently advises on real estate investments for both commercial and residential use, and William Smithson, whose practice focuses on cross-border transactions.

Practice head(s):

Neuza Pereira de Campos; William Smithson

Other key lawyers:

José Pinto Santos


‘We often turn to SRS, which has provided and continues to provide us with legal advice on various matters. The quality and rigour of the work provided is always of the highest level.’

‘The team understands the needs and concerns of the client, always meeting tight deadlines.’

‘SRS distinguishes itself  from others at various levels, but mainly with regard to its availability, technical knowledge, vast experience and creativity of its lawyers in solving the problems presented to them.’

‘Neuza Pereira de Campos has extensive technical knowledge and practical know-how derived from her vast experience in real estate. She contributes to solving problems and unblocking impasses. We feel very comfortable working with her as we know that an outcome in our favour is almost always guaranteed.’

Key clients

M7 Real Estate

Dereif Sicav-Fis

ECS Capital

Level Constelation

Grupo Amorim Luxury


Banco Carregosa – SGOIC


Grupo José Guilherme (Fundição de Oeiras)


MNK Partners



Work highlights

  • Advised SPOT ON – Fundo Especial de Investimento Imobiliário Fechado on the purchase of an iconic building in Porto to be renewed and converted into a hotel.
  • Acted for MNK Partners in the purchase of a hotel in Lisbon, in the global amount of approx. €14m, providing assistance with all agreements and tax due diligence.
  • Assisted a real estate fund belonging to the Fidelidade Group in the purchase of a hotel in Porto, in the global amount of approx. €28m.

Sérvulo & Associados

Private equity firms, developers, investment funds, corporates and high-net-worth individuals turn to Sérvulo & Associados for assistance in high-end real estate transactions. Offering assistance across real estate, urban planning and tourism law matters, the group has been particularly active in advising on acquisitions and disposals, leasebacks, real estate due diligence and construction contracts. The practice is headed by Manuel Magalhães, who co-leads the finance and governance team and is seasoned in insolvency, banking, real estate and corporate matters. Eduardo Gonçalves Rodrigues is recommended for zoning and planning issues. Real estate finance expert Sofia Thibaut Trocado and recently promoted partner Inês Palma Ramalho are other names to note.

Practice head(s):

Manuel Magalhães

Other key lawyers:

Joana Pinto Monteiro; Carla Parreira Leandro; Sofia Thibaut Trocado; Eduardo Gonçalves Rodrigues


‘Always precise and especially quick answers.’

‘Nice, friendly, very precise and quick! I recommend Joana Pinto Monteiro.’

‘On point, available and pragmatic.’

‘Inês Palma Ramalho is recommended.’ 

‘Eduardo Gonçalves Rodrigues and his team prove to be a go-to adviser in the area of urban planning law, responding to the evolving requirements of licensing procedures.’

‘Eduardo Gonçalves Rodrigues led the team that advised us on a complex project involving urban planning law. I have to highlight the ability to identify and grade the relevant issues and risks, as well as to present a structured and contextualised advice.’

‘We regularly work Carla Parreira Leandro, who has always provided professional and dedicated support.’

‘Sofia Thibaut Trocado is recommended for her competence, speed in solving problems and friendliness.’

Key clients

BPI – Gestão de Ativos, SGOIC



Banco Comercial Português, SA

Millennium BCP

Interfundos – Sociedade Gestora de Organismos de Investimento Coletivo, SA

AF Portfolio Imobiliário

Fundo Especial de Investimento Imobiliário TDF

EDP Global Solutions


EWYA Investments Unipessoal Lda

SDTL – Sociedade de Desenvolvimento Turístico de Lagos, S.A.

Hervé Blumenthal

Carlos Cruz

Richard Letcher

Work highlights

  • Assisted Fundo Especial de Investimento Imobiliário TDF in the development of Fábrica 1921 in Lisbon, with more than 180 prime location real estate units.
  • Acted for the open-ended property investment fund IMOFOMENTO in a long-term sale and leaseback transaction.
  • Advised BPI – Gestão de Ativos on the acquisition of a property from Novimovest – Fundo de Investimento Imobiliário Fechado, managed by Santander Asset Management – Sociedade Gestora de Organismos de Investimento Coletivo.


CMS‘s real estate practice acts for domestic and international companies, financial institutions and asset managers. The group is particularly skilled in acquisitions, ownership structures and usage rights matters, and is co-led by João Pinheiro da Silva and Luís Abreu Coutinho. Pinheiro da Silva is highly experienced in transactions involving large hotels, offices and shopping centres, while Abreu Coutinho is seasoned in the development of major projects for industrial and commercial use.

Practice head(s):

João Pinheiro da Silva; Luís Abreu Coutinho


‘The real estate team stands out in terms of collaboration between its lawyers.’

‘I’d highlight João Pinheiro da Silva and Sandra Teixeira Arsénio.’

Key clients

Parquesoles Inmobiliaria Y Proyectos – Investimentos Imobiliários, SA (Vía Célere Group)

Douro-Atlantico – Sociedade Imobiliária SA (Vía Célere Group)

BPI Gestão De Ativos – Sociedade Gestora De Organismos De Investimento Coletivo, SA


EUNEA Investments

Lince Capital SCR SA

Davidson Kempner European Partners LLP

Aquila Capital


Davita Group



ANA – Aeroportos de Portugal, SA

Work highlights

  • Advised BPI Gestão de Ativos on the acquisition of the majority of the accommodation units of the Hotel Intercontinental Estoril from Fundo de Investimento Imobiliário Fechado Turístico II.
  • Advised Finangeste on the acquisition of a major urban building located in Porto.
  • Acted for Catella European Residential Fund (CER) in its first venture into the Portuguese investment market for student housing, with the acquisition of an asset in Cascais.

CTSU - Sociedade de Advogados, S.P., R.L., S.A.

Domestic and international developers, investors and companies turn to CTSU - Sociedade de Advogados, S.P., R.L., S.A. for assistance with real estate acquisitions and sales, planning issues, construction contracts and lease operations. With extensive experience advising on real estate projects in the tourism industry, the group is jointly led by the ‘very skilled’ Marta Gouveia Gomes and the ‘very pragmatic and business-orientedMiguel Ribeiro Telles.

Practice head(s):

Miguel Ribeiro Telles; Marta Gouveia Gomes


‘We have worked with Miguel Ribeiro Telles for over 15 years. He is a go-to lawyer in the real estate sector. Experienced, solid, inspires absolute confidence, with deep knowledge of the sector and the market. Marta Gomes stands out for her competence, dedication and ability to present solutions.’

‘CTSU aligns professionalism with competence, efficiency, industry knowledge and focus on the client. We can always count on its full dedication and the involvement of its experienced partners, who are very much focused in building solutions with great rigour and objectivity.’

‘We have a long term relationship with Miguel Ribeiro Telles. He is our go-to lawyer in Portugal, with an in-depth knowledge of the real estate and construction market, its players and trends. He combines experience with great negotiation skills. He brings trust to the transactions he is involved in.’

‘Marta Gouveia Gomes is a very skilled and consistent lawyer, with deep knowledge of the real estate sector. We can count on her full dedication, efficiency, competence and high-quality delivery.’

‘The team is very reliable and client focused. Its practitioners are focused on solving their client’s problems.’

‘Miguel Ribeiro Telles is an excellent lawyer, with a very pragmatic, business oriented approach.’

‘Office of adequate size that provides excellent client support. Very professional team led by an excellent partner. Very reasonable fees for the quality of service provided.’

‘Miguel Ribeiro Telles is exceptional and hands on.’

Gómez-Acebo & Pombo

Highly rated for the ‘quality and professional competence’ of its real estate team, Gómez-Acebo & Pombo is particularly active in advising on touristic and residential developments, acquisitions and lease operations. With a strong background in insolvency and planning-related real estate matters, José Manuel Silva Nunes directs the department alongside Sofia Rodrigues Nunes.

Practice head(s):

José Manuel Silva Nunes; Sofia Rodrigues Nunes

Other key lawyers:

Afonso Scarpa


‘The quality and professional competence of the team give the client complete confidence in the performance and success of the work carried out. Excellent technical and personal qualities.’

‘Jose Manuel Silva Nunes is recommended for his human qualities and professional capacity.’

‘Good coordination between the team. Always very available.’

Key clients

Anidaport – Investimentos Imobiliários, Unipessoal Lda

Banco Bilbao Vizcaya Argentaria, S.A., Sucursal em Portugal

Kronos Investment Group

Input SRL

Deka Immobilien Investment

Mourastock III – Investimentos Turísticos e Imobiliários, S.A. (ECS Capital Group)

Flitptrel Carvoeiro, S.A. (ECS Capital Group)

Sixth Street

Beka & Bolschare

Work highlights

  • Assisted ECS Capital in the sale of a touristic development in the Algarve.
  • Acted for Deka Immobilien Investment on the management of several leased properties located in Lisbon.

PRA-Raposo, Sá Miranda & Associados, Sociedade de Advogados RL

PRA-Raposo, Sá Miranda & Associados, Sociedade de Advogados RL manages a broad real estate practice, which is adept in the gamut of real estate work, including litigation, acquisitions, project development and investment transactions. Led by Clélia Brás, the group is frequently instructed by investment companies, developers and pension funds. Brás is supported by managing associate Bruno Sousa Gavaia and associate João Guerra.

Practice head(s):

Clélia Brás

Other key lawyers:

Bruno Sousa Gavaia; João Guerra


‘This is a very up-to-date team that permanently monitors legislative and jurisprudential developments in the areas in which it is specialised.’

‘Clélia Brás is a lawyer who is very attentive to new legislation and the evolution of jurisprudence.’

‘Clélia Brás maintains a negotiation based on common sense and reasonableness.’

Key clients

Alegre SA

Everything is New

Great Creation, SA

European Ion Investment Group SL

Marec Espaço Casa

Sport Iberica – Sociedade de Artigos de Desporto, SA

Paradise Pyramid – Lda

Sígnia – Gestão Imobiliária, SA

Encosta da Parede – Projectos Imobiliários e Turísticos, SA

Turismo Sintra Litoral, SA

Work highlights

  • Advised European Ion Investment Group, part of Spanish conglomerate Grupo Aire, on the acquisition of the new headquarters of AR Telecom.
  • Assisted real estate development company Great Creation on the purchase of a historic building in Porto which will be developed into a new hotel, Artcore.
  • Acted for real estate development company Great Creation in the negotiation of a concession for the construction of a 4-star hotel in the iconic Docas de Alcântara area in Lisbon.

Raposo Bernardo

Raposo Bernardo assists real estate brokers, investment funds and construction companies, and its recent workload includes large acquisitions, financing deals and investment transactions involving touristic, residential, office and commercial properties. Manuel Esteves Albuquerque oversees the practice and is highly experienced in investment operations in the real estate and construction sectors.

Practice head(s):

Manuel Esteves de Albuquerque


‘It is an office that always exceeds all expectations and is also unique in that. The team shows total pragmatism and efficiency in resolving issues. Enormous knowledge of our business and everything related to large real estate purchases and sales.’

‘The individual in the team who stands out the most is Manuel Albuquerque. We are very satisfied with the results obtained and we strongly recommend this lawyer for real estate matters. His ability to summarise issues and involve other teams is extraordinary and unique. He is also a highly regarded professional for his negotiation skills, transparency and huge technical expertise.’

‘The Raposo Bernardo team deserves to be highlighted for its proximity and relationship of trust with its clients. Availability is total and cross-referencing with other legal areas is carried out whenever necessary, so that each issue can be addressed in all its aspects.’

‘Although the team works as a whole and is fantastic, I highlight the department leader Manuel Esteves de Albuquerque as a highly reputable professional lawyer with extensive knowledge of all real estate matters. He is very diligent and very quick to understand what we want.’

‘What makes this firm unique is the exceptional quality of its work, associated with transparent communication and the collaborative relationship they develop with the clients. Among other qualities and skills, I point out its comprehensive knowledge of real estate, licensing and construction matters.’

‘This office is unique for its qualities. The service provided by the real estate and construction department is of the highest quality. The skills that most impress me and contribute to the quality of the services provided are: its total dedication to our affairs and the capacity to provide a fast and efficient service, with excellent results.’

‘I consider Manuel Esteves Albuquerque very focused on achieving positive results, patient, very persistent, determined, very well prepared legally and with a lot of experience.’

‘Manuel Esteves de Albuquerque deserves our total admiration for the safe and effective way in which he manages our affairs. He has a deep knowledge of our sector and has extensive experience in large international transactions.’

Work highlights

  • Advised a client on the acquisition of a business park and aside plots of land for the construction of a hotel and a commercial zone.
  • Advised a client on a hotel acquisition process in Algarve, with a global value of  €145m.
  • Acted for a client in the acquisition and financing of a portfolio of 12 logistics parks and simultaneous sale of a part of the park, and on its acquisition of an office portfolio of 15 properties in six areas in Portugal.


Banks, hotel groups, developers and asset management firms turn to TELLESknowledgeable’ real estate, construction and urban planning team for advice on the full life cycle of real estate investments. Under the leadership of duo Pedro Almeida e Sousa and Miguel Nogueira Leite, the practice handles purchase, sale, lease and leaseback transactions in the commercial, tourism, residential and retail segments.

Practice head(s):

Pedro Almeida e Sousa; Miguel Nogueira Leite


‘The team is extremely available and knowledgeable about the topics. It also demonstrates an excellent knowledge of the practice of the main public institutions involved in the processes, such as municipalities.’

‘Frederico Styliano Reis is distinguished by his availability and mastery of the legal matters in question.’