Firms To Watch: Real estate and construction

Deloitte Abogados is well equipped to advise real estate funds and investors, construction companies and developers on an array of real estate issues including due diligence, town planning and lease-back agreements; Agustín Del Río heads the practice.
The commercial and corporate law department at Laffer Abogados assists clients in the drafting and negotiation of real estate contracts, urban development, as well as urban planning instruments; Javier Gallego Larrubia and Álvaro Reig oversee the team.
Osborne Clarke routinely advises lenders and real estate funds, investors and developers; the practice, which is led by Julian Matos, has recently been active in nursing home and student accommodation transactions.

Real estate and construction in Spain

Ashurst LLP

Ashurst LLP provides extensive support in all stages of the real estate process, covering planning and zoning, financing and construction, and the commercialisation and disposal of assets. The department has also recently been engaged on a breadth of matters pertaining to data centres, an area in which there is high demand in the domestic market. Ismael Fernández Antón is well equipped to handle real estate litigation proceedings and transactions, and Joaquín Macías is seasoned in the sale of mortgage-secured portfolios and REOS. Cristina Calvo advises domestic and international clients on the full array of mandates including joint ventures, construction, real estate financing and disposals. Counsel Conchita Sainz is noted for her expertise in transactional real estate matters.

Practice head(s):

Ismael Fernández Antón; Cristina Calvo

Other key lawyers:

Joaquín Macías; Conchita Sainz

Testimonials

‘Ismael Fernandez Anton and his team have deep legal know-how and, more importantly, understand the commercial aspects of the real estate sector. They provide holistic advice in the real estate sector.’

‘The senior associates are excellent, professional, and driven individuals. They are able to lead a deal efficiently and effectively. They are able to handle all aspects of the deal. ’

‘A great team under the leadership of Ismael Fernandez Anton that covers all the needs of any real estate process in which you are involved. It is a very proactive team, accessible, dynamic and with great empathy with the client teams involved.’

Key clients

Aviva Investors

Cerberus Iberia Advisors

Arrow Capital Partners

Macquarie

Liberty Seguros, Compañía de Seguros y Reaseguros, S.A.

DWS Grundbesitz GmbH, Sucursal en España

Invesco Real Estate Fund

Savills Investment Management

Vestas

Round Hill Capital

Cheyne Capital Management

Culmia

Panattoni

Work highlights

  • Assisted Round Hill Capital on the acquisition of the landmark hotel Florida Norte in Madrid for €120m (including refurbishment costs).
  • Advised Culmia on green financing for the development of the 1,763 affordable rented housing of the Madrid Regional Government’s Vive plan.
  • Assisted Aviva Investors on the establishment of a proposed €400-500m build-to-rent joint venture with Layetana, as well as the acquisition and financing of the first plot of land in Barcelona for development.

Clifford Chance

The multidisciplinary team at Clifford Chance is able to call on the firm's global office network in cross-border matters, and shows particular expertise in portfolio acquisitions, disposals, development, joint ventures and corporate acquisitions. The department extends its service to a variety of clients, including insurance, property and development companies, as well as international funds. Carlos Portocarrero de las Heras leads the team and represents a breadth of international real estate investors, while María Pradillo is particularly knowledgeable in real estate finance, and Andrés Berral is a senior associate to note.

Practice head(s):

Carlos Portocarrero

Other key lawyers:

María Pradillo; Andrés Berral

Testimonials

‘Experience, knowledge of the market, availability, and speed.

‘They are professional, and have resources from other areas as it is a multi-disciplinary team.’

‘Knowledge of the business and pro-deal focus.’

‘Clifford’s lawyers in addition to their magnificent legal training, connect with the client and their needs, and are always looking for solutions.’

Key clients

Banco Santander

Cerberus

AXA

BentallGreenOak

Unibail Rodamco Westfield

Sareb

Schroders Capital

Värde Partners

Carrefour

Prologis

Kennedy Wilson

AIG Asset Management

Emin Capital

GMP

Primonial

Hellenic Bank

NWH REIT

Zanda Reim

Numa stays

Tendam

Work highlights

  • Advised an institutional investor on a build-to-rent transaction consisting of the creation of a joint venture with Azora to develop, own and manage 8,000 residential units in Spain.
  • Advised Cerberus on the acquisition of a portfolio of approximately 2,400 assets from Banco Santander.
  • Advised AXA on the joint sale by AXA, CBRE IM and Greystar of the largest student residences platform in Spain to PGGM for an approximate aggregate value of €800m.

Garrigues

Garrigues is highlighted for its 'great technical and business knowledge'. The team is particularly proficient in M&A mandates pertaining to the real estate sector and is a benchmark practice for real estate finance and restructuring matters. Héctor Muñoz co-leads the department and advises financial institutions, domestic and international investors, and developers. Oscar De Santiago is proficient in lease transactions, while senior associate Blanca Jiménez Aparicio has been active in logistics acquisitions, developments and subsequent transfers. Jorge García-Pellicer has been active in complex sale and leaseback transactions of domestic hypermarkets.

Practice head(s):

Héctor Muñoz; Óscar de Santiago

Other key lawyers:

Blanca Jiménez Aparicio; Jorge García-Pellicer

Testimonials

‘The real estate practice is becoming more complex and sophisticated and having a team like Garrigues is an absolutely differentiating element, due to the way in which they coordinate and integrate all these complexities.’

‘We must mention Hector Muñoz, who in my experience is the best real estate partner. The elements that set him apart are his understanding of his client’s business, his in-depth experience and knowledge, and his negotiating skills. Finally we must mention Blanca Jimenez Aparicio, who is brilliant and is dedicated to getting results.’

‘Their participation in all kinds of real estate operations, advising all kinds of clients, from industrial to financial, allows them to have a wide cross-sectional knowledge of the sector and to know at all times the latest trends and how operations are being carried out in the market.’

‘Great technical and business knowledge, as well as availability, proactivity and a great capacity for work.’

‘The main strengths of the team are their reliability, mastery of legal technique, dedication and availability, in which they stand out compared to other firms.’

‘Garrigues lawyers stand out for their great preparation and for their in-depth analysis of the projects.’

‘Very strong technically. They are very present in the market, very active in both large and medium-sized operations. Resolute and available. No surprises in billing.’

Key clients

BLACKSTONE

BAUPOST

AXA IM – REAL ASSETS

VÄRDE

APOLLO

METRIC CAPITAL ADVISORS

MORGAN STANLEY REAL ESTATE

ALPINE GROVE PARTNERS LLP

DWS

VGP GROUP

BANC SABADELL

MERIDIA CAPITAL

MERLIN PROPERTIES

OAKTREE

SQUARE ASSET MANAGEMENT

ARCANO REAL ESTATE

PLATINUM ESTATES

CARMILA

CARREFOUR

BATIPART

BANCA MARCH

FARALLON

DAVIDSON KEMPNER

PALM CAPITAL

HINES

COSENTINO GROUP

MEYER BERGMAN

UNIBAIL RODAMCO

MERSAN ASSETS MANAGEMENT

NEWCOLD ADVANCED COLD LOGISTICS

VIVENIO RESIDENCIAL SOCIMI

THOR EQUITIES

AZORA CAPITAL

ABERDEEN STANDARD INVESTMENTS – ABERDEEN EUROPEAN BALANCED PROPERTY FUND

AEDAS HOMES

KADANS SCIENCE PARTNER

HAYFIN

VALEO

IBERDROLA INMOBILIARIA

PRADA GROUP

B&B HOTELS

AENA

BROOKFIELD

BMB CAPITAL ADVISORS

GMP PROPERTY SOCIMI

CONREN TRAMWAY

Work highlights

  • Advised Axa Real Estate, acting on behalf of the investment vehicles within AXA SA (France) and CNP Assurances, on the sale to Banco Santander of the company owning the “Yellow Portfolio”.
  • Advised CaixaBank on the creation of a new vehicle, Living Center, devoted to managing more than 21,000 assets received from Bankia and to be managed by Haya Real Estate.
  • Assisted in the recapitalisation of Mileway’s European logistic premises portfolio.

Pérez-Llorca

Pérez-Llorca continues to be a popular choice for Spanish and international clients in both domestic and cross-border real estate matters. The sizeable team is well equipped to assist clients on the full array of real estate matters, covering the complete real estate production cycle. Jesús Varela is often engaged in asset and share deals, real estate financings and NPL portfolio trades. Fausto Romero-Miura advises international investors, developers and funds on the full spectrum of transactions in this sector, while Alejandro Osma advises clients on real estate M&A, joint ventures, real estate private equity deals, and sale and leaseback transactions. Alberto Ibort Franch‘s practice focuses on land planning, with expertise covering refurbishment of historical buildings, legal and administrative proceedings and day-to-day legal management of planning matters. Corporate and M&A and real estate expert Florence Legeay was promoted to partner in January 2023.

Practice head(s):

Jesús Varela

Other key lawyers:

Fausto Romero-Miura; Alejandro Osma; Alberto Ibort Franch; Florence Legeay

Key clients

Brookfield Asset Management

Dream Industrial REIT

KanAm Grund Group

Aberdeen Standard European Logistic Income PLC

Global Mergers Acquisitions Capital

W. P. Carey

RLH Properties

Realty Income Corporation

Santander Asset Management

Signal Capital Partners Limited

Banco de Sabadell

CDC Inversiones y Valores

Stoneweg & Bain Capital

Generali Real Estate Sucursal en España

Work highlights

  • Advised Brookfield Asset Management on all matters related to the acquisition of Spain-based Selenta Group for approximately €440m.
  • Advised Realty Income Corporation on a series of deals for the implementation of Realty’s long-term income strategy in Spain.
  • Advised CDC Inversiones y Valores on the sale and transfer of all of its shares in Grupo BC to Silver Lake.

Uría Menéndez

The real estate team at Uría Menéndez is made up of over 40 lawyers across the firm’s Madrid, Barcelona, Valencia and Bilbao offices. The practice has assisted SOCIMIs, investment funds and banks on matters involving logistics assets and plots of land for development. Fernando Azofra advises regional and global companies on M&A and banking matters, while Diego Armero is proficient in corporate and commercial law and often focuses on the sale and purchase of commercial property. Rafael Jiménez has been engaged in sale and purchase agreements of malls, office buildings and logistical warehouses, and Javier Ruiz-Cámara advises on investments and divestments across several sectors. Ivan Abad and Ignacio Albiñana are names to note at the senior associate level.

Practice head(s):

Fernando Azofra; Diego Armero

Other key lawyers:

Rafael Jiménez; Javier Ruiz-Cámara; Ivan Abad; Ignacio Albiñana

Testimonials

‘Great involvement of the entire team in the affairs. Extensive knowledge, autonomy and availability of all team members.’

‘Excellent work, proactive and value-added contributions. Leadership and coordination of the different aspects of operations.’

‘The team is incredible. Rafael Jiménez is a very technical and at the same time business oriented lawyer. In addition to being a committed professional with a great capacity for work, he is a person with great business intelligence. An absolute trading strategist and highly skilled negotiator.’

‘Large team of experienced lawyers, strong focus on client service, leading practice.’

‘Diego Armero is very good at maintaining client communications and understanding our business priorities.’

‘Technical knowledge. They are brilliant.’

‘It is one of the best law firms in Spain for its professionalism, its team, and its ability to work.’

‘Rafael Jiménez is a formidable lawyer who has perfect knowledge of the market and the law, as well as an ability to anticipate the problems and closings of outstanding operations.’

Key clients

Corpedificacions

Talus Real Estate and NW1 Partners

Testa Residencial SOCIMI

The Prudential Insurance Company of America

PGIM Real Estate European Value Partners II

Azora European Hotel & Lodging FCR

IKOS Hotel Management

Metrovacesa

Dospuntos Asset Management

Sixth Street Partners

Millenium Hotels Real Estate I, Socimi

Panattoni Group Griffin Real Estate

Morgan Stanley

BNP Paribas

Baker McKenzie

Baker McKenzie utilises its offices in Madrid and Barcelona to aid clients across a range of sectors including finance, retail, healthcare and hotels, and often advises international funds and banks on real estate financing deals. The real estate practice is seasoned in large construction projects and is reputed for its regulatory as well as its transactional expertise. Jorge Adell possesses over 25 years of experience in corporate real estate transactional work, and Guillermo Rodrigo advises global and regional investors on acquisitions of real estate assets. Xavier Junquera heads the public law and regulatory practice from the firm’s Barcelona office.

Practice head(s):

Jorge Adell; Xavier Junquera; Guillermo Rodrigo

Testimonials

‘Technical rigor, full availability and responsiveness, hands-on approach and attention to detail.’

‘Knowledge of the hotel sector.’

‘Great involvement of the practice partner, a very proactive team with great negotiating skills and sophistication.’

Key clients

Abercrombie

Accord

AEW

Aina Hospitality

Banco Santander

Bankia

Beazley

Belmond

Bogaris

Boscalt

Boston Scientific

CBRE Investment Management

Cirsa

Colony Capital

Credit Suisse

Deka

Global Student Accommodation

GreenOak

Growth & Income Value Partners Europe S.L. (GIV Partners)

GWM Group

Healthcare Activos Yield SOCIMI, S.A.

Hewlett Packard

HIG Capital

International Investment Management Limited

Intriva

Ivanti

KKH Property Investors

Liberty Living

LIFE (Living in Funky Environments)

Mandarin

Marriott International, Inc.

Merlin Properties SOCIMI

Mesura

Olayan

Onyx

Orpea

Radisson

Reig Capital

Rua Al Madina

Roundshield

Stoneweg

The Church

Tristan Capital Partners

Vithas Sanidad

Westfort Capital Limited

Work highlights

  • Advised and coordinated the various legal teams in the exit of the 102 shareholders of Healthcare Activos Yield SOCIMI.
  • Advised Colony Capital on the sale of the Hotel Princesa complex, located in Madrid.
  • Advised on the sale of the Estel building located in Avenida Roma, 73-91, Barcelona (former Telefonica headquarters).

Cuatrecasas

The sizeable multidisciplinary team at Cuatrecasas has been engaged in a spectrum of commercial real estate transactions involving hotels, retail and residential assets. The department has also advised significant international funds and investment vehicles on their domestic real estate investments. In addition, the group handles corporate and M&A matters, including joint ventures, portfolios, restructuring and financing. Ramón Gil oversees the department, which includes key practitioner Joaquín Garaulet.

Practice head(s):

Ramón Gil

Other key lawyers:

Joaquín Garaulet

Key clients

BBVA

PATRIZIA

BAIN CAPITAL

PARTNERS GROUP

DEKA IMMOBILIEN

MARATHON ASSET MANAGEMENT

KRONOS

MELIÁ HOTELS INTERNATIONAL

PANATTONI

COLONIAL

ALCAMPO

Work highlights

  • Advised BBVA on acquiring Tree Inversiones, the owner of 659 banking offices and three singular buildings.
  • Advised Patrizia on buying a 1,500 portfolio of rental homes in Barcelona from BeCorp (€600m).
  • Advised the Seat Volkswagen Audi group on the construction of a Gigafactory that will produce electric vehicle batteries located in Sagunto.

DLA Piper

Utilising its strength in the hospitality sector, the real estate department at DLA Piper has been particularly active in hotel deals in the domestic market. The team has also been frequently engaged in advising foreign investors on their entry into the Spanish market, as well as joint venture real estate transactions. Orson Alcocer oversees the practice and advises clients on a broad range of real estate investments, while José María Oliva is particularly active in distressed portfolio deals. Ignacio Antón is seasoned in real estate litigation, and Angel Maestro has recently been promoted to legal director and has over 11 years of experience in the real estate sector.

Practice head(s):

Orson Alcocer

Other key lawyers:

José María Oliva; Angel Maestro; Ignacio Antón

Testimonials

‘Strong real estate team in Spain but also a global presence that helps to successfully close any complex and multinational transaction. We have worked with DLA in many countries and markets and have always been 100% satisfied at a reasonable pricing.’

‘Orson Alcocer is highly experienced and recognised in the market, he takes a hands-on approach when making complex transactions happen.’

‘DLA perfectly knows the legal requirements of our company, not only in Spain but also in relation to the funds we manage. In addition, the interaction with our team is constant, the communication is open and direct and it could be said that they are part of our structure.’

‘In my area I work mainly with Ignacio Antón and Orson Alcocer. The interactions are fast and effective, the best qualities are diligence and speed of execution.’

‘Solid knowledge and a lot of experience.’

‘Strong points of the practice: Analysis and global understanding of the operation and approach to each specific problem and planning and clarity throughout the process.’

Key clients

El Corte Inglés

Allianz

Levi’s

Aquila Capital

Oxford Properties Management

NH Hoteles

KGAL

Savills Investment Management

Radian Capital

Amundi

Starwood Capital

GLP

CaixaBank

HIG Europe

Hines

Goodman

GreenOak

Generali

GMP

REDEVCO

Corum

Lar España / Primonial

Ard-id

KKH

Hospitales de Madrid

Mandarin Oriental Hotel Group

Work highlights

  • Advised the French group Amundi on the sale of nine Carrefour hypermarkets, five in Spain and four in Italy, to Israeli real estate fund MDSR Investments.
  • Advised Vivia on the formalisation of a forward purchase agreement with Pryconsa for the acquisition of a build-to-rent project comprising 273 units in the centre of Madrid to be developed by the latter.
  • Advised Starwood Capital on a sale and leaseback transaction comprising the acquisition from Iberostar of the hotel Iberostar Las Dalias, a 420-room, 4-star hotel located in Costa Adeje (Tenerife), and its leasing to Iberostar.

Hogan Lovells International LLP

Hogan Lovells International LLP's real estate department advises banking entities, retailers and hotel companies on the full spectrum of mandates. Given the firm's international office network, it is well placed to assist in significant real estate funds both domestically and abroad. The team is also reputed for its expertise in the hotel and leisure industry and covers all legal aspects of the hotel industry process. Emilio Gómez Delgado heads the practice and is often engaged in real estate developments and transactions; he is also reputed for his expertise in Spanish REITs (SOCIMIs).

Practice head(s):

Emilio Gómez

Testimonials

‘The partners are very good.’

‘Emilio Gómez is an excellent professional who has formed a team of great quality and with a lot of knowledge.’

Key clients

EQT Exeter Property Group

LaSalle Investment Management

M&G Real Estate

Elite Partners Capital

Engel & Volkers Development

Mapletree

Vestas Investment Management

Encore+

Fattal Hotels/Leonardo Hotels

Union Investment

Mitiska REIM

Deutsche Bank

Barings (MassMutual)

Neberu Capital

Patrizia/Rockspring

Catella Investment Managers

Aware Super

Work highlights

  • Advised Aware Super on the €600m investment in Vivenio Residencial SOCIMI including capital acquisition (€400m) and capital commitment to invest an additional €200m to support its future growth.
  • Assisted Elite Partners Capital in the acquisition and financing of the assets in a portfolio in 2020/2021.
  • Acted as lead counsel to EQT Exeter in the acquisition of a portfolio comprising four logistics centres together spanning around 300,000 square metres.

Allen & Overy

Allen & Overy handles the full range of real estate matters, with particular expertise in tax and litigation, leasing, real estate finance and investment funds. Santiago De Vicente leads the team and is proficient in corporate real estate matters, including construction and sale and leaseback arrangements, as well as joint ventures. Marta Orce is a senior associate who is seasoned in advising financial entities in real estate finance transactions and in sales and acquisitions of REO portfolios. Andrés Candela is knowledgeable in the development and construction of real estate, while Javier González advises on acquisitions and sales of property-backed debt portfolios and REOs.

Practice head(s):

Santiago de Vicente

Other key lawyers:

Marta Orce; Andrés Candela; Javier González

Key clients

P3

MDSR Investments

BBVA

Deutsche Finance International

PIMCO

Intrum

ARA Venn

Ionity

Tilden Park

Work highlights

  • Assisted MDSR Investments on the acquisition from Barings of a portfolio of four hypermarkets and supermarkets located in Cataluña and leased to Carrefour.
  • Assisted Indra Sistemas on the sale and lease of a property in San Fernando de Henares.
  • Assisted BBVA on the sale to KKR of two portfolios, one of real estate-owned assets (REOs) and the other of non-performing loans (NPLs).

Dentons

With a global presence, the one-stop shop real estate department at Dentons advises on a breadth of investments, financing, M&A transactions, as well as development projects. The team's expertise covers land, residential, retail, office and logistics deals. Roberto Tojo joined the practice from Ramón y Cajal Abogados in 2022 and leads the team. He assists investors, developers and funds on a range of real estate transactions, including leases and construction contracts, acquisitions and divestments, and leaseback transactions. Recently promoted partner Itxaso López also advises national and international investors and lenders in the domestic market.

Practice head(s):

Roberto Tojo

Other key lawyers:

Itxaso López

Testimonials

‘The team has excellent knowledge in real estate financing and understands the needs of German pension funds in lending.’

‘Itxaso López is very experienced in real estate financing. She is always available and always has very good and practical solutions. She can explain the Spanish legal issues in an understandable way.’

‘The Dentons team is very complete and covers all the necessary knowledge in a Real Estate practice. They have especially outstanding knowledge in urban planning. In addition to the very high levels of knowledge, the Dentons team offers solutions to different problems.’

‘Roberto Tojo stands out especially for his truly outstanding knowledge, he is very business-oriented, and has a great negotiating capacity, which allows operations to be closed satisfactorily.’

‘Roberto Tojo and his team have great professionalism, experience and knowledge of law and the real estate sector. The team that surrounds him is excellent also.’

‘We highly value the availability of the Dentons team to answer questions and answer or organize calls. They deal with issues professionally and very clearly, in such a way that they do not generate doubts regarding a procedure.’

‘Itxaso López is very attentive and treats everything with professionalism; she has been very aware of some complex matters, informing the client and managers of every detail, she has put pressure on when necessary. She has shown proactivity and involvement in an outstanding way.’

‘The Dentons team has a large presence in Spain and knows the market perfectly. They quickly understand our needs as clients and adapt to them.’

Key clients

KKR

GIC

Swiss Life

Blackstone

Macquarie Group

Bermejo & Williamson Real Estate

Axel Group

UBS Real Estate

Sächsische Ärzteversorgung

Work highlights

  • Advised Swiss Life on the acquisition of a pan-European logistics portfolio of 10 assets totalling nearly 188,000 sq.m. from Barings.
  • Advised KKR and Global Infrastructure Partners on the $15bn acquisition of data centre operator CyrusOne, Inc., as well as the financing by a consortium of lenders led by Goldman Sachs.
  • Advised Blackstone on the sale of shares of Tailor Propco (Spain), the company which owns an office building currently intended for courts and leased to the Community of Madrid.

Eversheds Sutherland

Eversheds Sutherland assists clients throughout the entire life cycle of their real estate assets and is well equipped to advise on acquisitions and disposals, leases and mixed agreements, and commercial contracts. Javier Ibáñez Gabernet co-leads the team and has knowledge of property acquisitions and real estate finance, and is particularly active in matters in the hospitality and retail sector. Rafael Arráez is seasoned in negotiating sale and leaseback transactions.

Practice head(s):

Javier Ibáñez; Rafael Arráez

Key clients

MDSR Investments

Room Mate Hotels

Intermediate Capital Group

Savills Investment Management

MDSR Investments

Arlaes Management

Savills Investment Management

Palladium Hotels

Patrizia AG

Gómez-Acebo & Pombo

With 17 dedicated specialists across the Madrid, Barcelona, Valencia and Lisbon offices, Gómez-Acebo & Pombo provides assistance on real estate and planning law across the complete property life cycle, and the team is also particularly strong in joint ventures. Enrique Isla is adept in the full array of real estate law, including corporate real estate and construction, and property transactions. Jaime Díaz de Bustamante is well versed in financing for the acquisition or construction of real estate assets in the hotels, logistics, shopping centres and offices segments. Associate Marta González-Llera is experienced in the drafting and approval of urban planning and management instruments. Counsel Natalia Lastres is another name to note.

Practice head(s):

Enrique Isla; Jaime Díaz de Bustamante

Other key lawyers:

Marta González-Llera; Natalia Lastres

Testimonials

‘The team combines excellent technical quality with in-depth knowledge of the real estate sector, which makes them provide a very practical and efficient service. The team has a very large number of lawyers, which allows them to have the resources to provide fast and effective advice.’

‘I would highlight their experience in complex real estate transactions,  joint ventures, living operations, real estate financing and restructuring.’

‘In general, the advice we receive from the GAP real estate team is exceptional. I would highlight their practical approach, rigor, and the ability to find practical and simple solutions to complex legal matters.’

‘The reference person in the team is Enrique Isla. We have worked with him for more than 20 years and he is our reference real estate lawyer. Enrique has in-depth knowledge of both legal issues and the real estate market. He has negotiation skills and friendliness with all parties, which greatly facilitates negotiations.’

‘I would highlight Natalia Lastres and Marta González-Llera within the team. Natalia Lastres has a lot of experience and has great technical ability and is very efficient and hard-working. Her experience in the sales of loan portfolios (NPLs) and foreclosed assets (REOs) stands out.  Marta González-Llera is an urban planning lawyer with extensive experience advising on transactions. She perfectly combines her excellent technical knowledge with a transactional approach.’

‘The real estate team has more than 10 lawyers, which allows it to absorb very demanding operations by volume. Extensive experience in real estate and construction law.’

‘Great legal and real estate knowledge. Jaime Díaz de Bustamante excellently leads the real estate practice.’

‘Client service is excellent. Good availability.’

Key clients

Ares Management (US)

AMRO Real Estate Partners (UK)

HOTEL INVESTMENT PARTNERS (Spain)

Sociéte Génerale (France)

Aermont Capital

EUROFUND

Verdecora (France)

Carrefour (France)

Mazabi (Spain)

ASG ACTIVUM (Germany)

Kronos Investment Group

Cohabs Group (Belgium)

Colonies (France)

Valeo Groupe (France)

Montepino

Mercury (Ireland)

Moderna (USA)

Embassy Capital (Dubai)

ACR Grupo

BEGRAND (Mexico)

FRUX CAPITAL

IKEA

LANDCO

MIGDALOR (ISRAEL)

NEOVIA

IBERIAN YIELD MANAGEMENT (SWEDEN)

OTERO GRUPO

EUROPEAN PARLIAMENT

AQUILA CAPITAL

Work highlights

  • Advised ACR Grupo, through its subsidiary Áurea Ibérica Promoción, in the sale to Aedas Homes of a number of assets that comprise its real estate division, for a total price of €54m.
  • Provided legal advice to SOCIETE GENERALE (SG) on real estate, urban planning and tax matters, helping SG and debtors to correctly implement their real estate projects.
  • Advised Eurazeo on the acquisition of the company of FST Hotels from El Corte Inglés and Palladium.

Herbert Smith Freehills LLP

Herbert Smith Freehills LLP supports clients across the gamut of real estate transactions and projects, ranging from single assets to multi-jurisdictional portfolio deals and urban regeneration projects in several sectors, including infrastructure, energy, offices, logistics and retail. The team also regularly advises on real estate acquisitions, investments, disposals, property financing, restructurings and NPL transactions. Tomás Díaz Mielenhausen is focused on corporate real estate transactions and assists in the establishment and expansion of large retail assets, and Álvaro Gross regularly advises on refinancing and mortgage-backed securities transactions. Senior associate Alejandra Romero advises regional and global clients on the acquisition of real estate assets and real estate-owned portfolios.

Practice head(s):

Tomás Díaz Mielenhausen

Other key lawyers:

Álvaro Gross; Alejandra Romero

Testimonials

‘They are a great firm, with very personalised client service. Very accessible and willing, and deep technical and market knowledge.’

‘Tomás Díaz Mielenhausen is a great professional, he is always available and has deep technical knowledge.’

‘Alejandra Romero is a very solid senior associate from a technical point of view, and with a great commercial vision. She is very flexible and knows how to adapt to client requests.’

Key clients

P3 Logistics Parks

Perial Asset Management

FREO Investments Spain

AEW Europe

Costco Wholesale Corporation

Clarion Partners

Blantyre Capital Limited

Banco Santander

Único Hotels

Primark Stores

HIG Infrastructure Partners

Península Capital

BD Partners

Q-Energy

Quercus

Work highlights

  • Assisted P3 Logistics Parkson in an acquisition, from KKR and Pulsar, of a logistic portfolio of more than 100,000 sqm distributed in five logistic warehouses.
  • Assisted FREO on the joint venture agreement with Bain Capital set up for the purposes of an acquisition and further redevelopment of the Estel office building.
  • Asssisted Clarion Partners on the disposal to Dream Industrial of a portfolio of 31 logistic warehouses located across Europe with an area totalling 827,000 sqm.

Jones Day

The department at Jones Day is well versed across a range of real estate assets, including residential, offices, retail and industrial, and advises on real estate matters pertaining to the energy, infrastructure and mining sectors. The team also possesses strength in real estate finance. Luis Jiménez-Diaz assists on a broad spectrum of real estate projects, including urban planning development, construction contracts, as well as zoning qualifications of land and properties. Víctor Casarrubios has a particular focus on acquisitions and dispositions of real estate. In recent developments, Luis Pérez Casas joined the practice from Eversheds Sutherland, while Marta Escartin departed the firm. Cristina de Andrés Blanco is also a notable name in the department.

Practice head(s):

Luis Jiménez-Díaz

Other key lawyers:

Víctor Casarrubios; Luis Pérez Casas; Cristina de Andrés Blanco

Testimonials

‘Extensive experience in all fields, covering all types of real estate assets.’

‘Very deep knowledge of urban processing and all possible edges to address different scenarios and paths to follow. Specific knowledge of each of the places in which we work.’

‘Luis Jiménez-Díaz has great knowledge. In addition, the way they explain their vision generates good understanding among all internal teams to be able to move forward and make decisions. They have the ability to understand the questions we ask them, referring them to the relevant legal aspects.’

‘Availability, service quality, and adapted technology.’

‘Victor Casarrubios is an excellent professional.’

Key clients

MARK Capital / Crossbay

Greystar Real Estate Partners

CBRE Investment Management

Montepino Logística

Merlin Properties

Arcano Real Estate Holding

Hines Interests Limited Partnership

Wellstream

Dunas Capital

Work highlights

  • Advised Greystar Real Estate Partners on the acquisition of a flexible accommodation portfolio of 2,500 units in Madrid for a managed discretionary fund from King Street Real Estate.
  • Advised Greystar on the forward purchase acquisition of 455 residential units over a plot of land in Madrid from Acciona Inmobiliaria.
  • Advised MARK Capital on its acquisition of a European warehousing portfolio (through the fund Crossbay) from Thor Equities Group.

Latham & Watkins LLP

Often assisting institutional investors and private equity firms, the team at Latham & Watkins LLP regularly collaborates with the firm's M&A and financing departments to handle real estate matters. Rafael Molina leads the practice and draws on over 20 years of experience in corporate, finance and real estate deals. He is reputed for his work in distressed transactions, and also advises global and regional financial institutions, investors and investment banks on an array of other corporate and real estate investments. Veronika Miskovichova has been particularly involved in NPL and REO portfolio mandates.

Practice head(s):

Rafael Molina

Other key lawyers:

Veronika Miskovichova

Testimonials

‘The team is very strong and capable of dealing with highly complex negotiations and transactions, they are always providing alternatives and solutions. The quality of the work and their negotiation skills are a plus point.’

‘Rafael Molina, in addition to his knowledge, is a great negotiator, and handles operations very well.’

‘What makes this practice unique are three things: closeness to the client, technical and market knowledge, and excellent service.’

Key clients

Activum SG Iberia

Apollo Management International

Arcano Partners

Avenue Capital

Bank of America Merrill Lynch

Blackbrook Capital

Cerberus Capital Management

Fortress Investment Group

Goldman Sachs

Hyatt Hotels Corporation

KKR

Pradera

Savills

Linklaters

Linklaters is well equipped to handle the full range of real estate matters, including investments and divestments, real estate finance and student housing deals. The department possesses a notable track record in the real estate market, having successfully closed several significant deals. Adolfo Guerrero co-leads the team and has worked on a variety of real estate transactions, including sale and leasebacks, joint ventures, financings and restructurings. Gabriel Cabello made partner in May 2022, and he is seasoned in urban planning and asset management, and Santiago Alfonsetti was promoted to managing associate at the same time; he advises clients on all phases of real estate transactions.

Practice head(s):

Adolfo Guerrero; Gabriel Cabello

Other key lawyers:

Santiago Alfonsetti

Testimonials

‘A very good team with competent people, in particular Adolfo Guerrero and Santiago Alfonsetti.’

‘They have good negotiation skills and good organisation of the transaction. Good quality of reporting.’

Key clients

Ares Management

Cofinimmo

Grupo Mémora

Union Investment Real Estate

Sixth Street

Nuveen

Altadis

Merlin Properties

Universidad Europea de Madrid

Portobello

Andersen

With offices across Madrid, Barcelona, Valencia and Seville, the department at Andersen is knowledgeable in the gamut of matters pertaining to real estate development. The department also regularly handles agreements with the authorities, the negotiation and acquisition of land and buildings, and transformation and planning management. Cesar Morales Romero-Requejo joined the firm in July 2022 and offers his input in real estate asset management for REITS, real estate companies, family offices and institutional clients. Maite Hernández has more than 30 years of experience in the real estate sector and is an expert in corporate direct and indirect real estate operations and their financing.

Practice head(s):

César Morales

Other key lawyers:

Maite Hernández

Testimonials

‘A very well coordinated practice.’

‘Very good leadership from César Morales, who is willing to go the “extra mile” for their clients to achieve all objectives.’

‘Proximity and speed.’

‘A fantastic team that is led by Cesar Morales, he gives us a lot of security in all aspects and exhaustively monitors all open issues.’

‘Cesar Morales is an excellent professional with an impressive predisposition.’

‘Availability, service and speed.’

‘The tireless dedication, the integration of a team with different skills, as well as the business orientation make the Andersen real estate department strong.’

‘Dedication, honesty and creativity to solve problems.’

Key clients

Junta de compensación de Desarrollo del Este – Los Cerros

MAHOU

ATLETICO DE MADRID

Santé Realty Investments

GRUPO IBOSA

Goldman Sachs

Sareb

VITRUVIO REAL ESTATE SOCIMI

BREOGAN PARK

BNP Paribas Real Estate

HESPERIA HOTELS AND RESORTS

TIGER

KIABI

AXA REAL ESTATE PROPERTY

GRUPO LAR INVERSIONES INMOBILIARIAS

CORPFIN CAPITAL

FREO GROUP

Aedas Homes

El Corte Inglés

DEALZ

Work highlights

  • Advised US-based company Trammell Crow Company (TCC) on its acquisitions in Spain.
  • Advised MAHOU and ATLETICO DE MADRID on all aspects of the planning, management and implementation of a project until its completion.
  • Advised ASOCIMI on the establishment of the first Social REIT in Spain, Primero H, which aims to reach 177 homes to be developed in three years.

Bird & Bird

The real estate team at Bird & Bird acts for clients across the family office, retail, Spanish REITS and private funds sector. The department is particularly strong in advising international private funds and has a breadth of experience in acquisitions and disposals. Santiago Lardies is a corporate and M&A lawyer who is knowledgeable in the real estate, food and beverage, and healthcare sectors. Patricia Pérez is adept in urban planning and real estate matters and possesses expertise in the acquisition of land and commercial buildings. Associate Fernando Bazarra is also a name to note. Isidro Del Moral  has departed the practice.

Other key lawyers:

Santiago Lardies; Patricia Pérez; Fernando Bazarra

Testimonials

‘Great technical knowledge and motivation.’

‘Almost immediate attention and cordial treatment.’

Key clients

PONTEGADEA GROUP

HERMANDAD NACIONAL DE ARQUITECTOS SUPERIORES Y QUÍMICOS (HNA)

STONEWEG

SPIN MOBILITY

HOTELES AMISTAD, S.A. (GRUPO MUCOR)

JOLLIBEE FOOD CORPORATION

QUARTIERS GROUP (Flexshare, S.L., Quartiers Properties AB, Quartiers Properties Holding S.L., WECAP Spain, S.L., Quartiers Estates, S.L., etc.)

GANT

INTERCENTROS BALLESOL

GAVARI PROPERTIES SOCIMI, S.A.

SAREB

IBEROSTAR HOTELES

MAZABI GESTIÓN, S.L.

GMP PROPERTY SOCIMI, S.A.

AQUILA CAPITAL

ALUA HOTELS

BAKSUN 2015, S.L.

SIDERCOM INMOBILIARIA, S.L.

SICIS S.r.l. (and SICIS ART FACTORY, S.L.)

JEMIÁN, S.L.

AE MADERAS, S.L.

MORALEJO SELECCIÓN

GRUPO ALJOMAR

STONESHIELD

CASAFARI

Work highlights

  • Advised Pontegadea, the real estate investment group owned by Amancio Ortega, on its acquisition from Repsol Renovables of 49% of eight Delta wind farm SPVs located in Zaragoza.
  • Advised international real estate fund STONEWEG on the acquisition of more than 40 commercial premises in Spain and elsewhere in Europe.
  • Advised Iberostar Hoteles y Apartamentos on the acquisition of Las Dalias Hotel by Starwood Capital Group, a private investment firm with a primary focus on global real estate.

CMS Albiñana y Suárez de Lezo

CMS Albiñana y Suárez de Lezo is well equipped to assist clients in the full life cycle of real estate assets, and the team has recently been active in acquisitions in the retail and hospitality sectors. The group also frequently advises on construction and development mandates. Álvaro Otero leads the department and is seasoned in sale and leaseback transactions. Javier Colino is a new arrival from Latham & Watkins LLP; he advises on sale and purchase transactions, horizontal property regimes and the financing and refinancing of real estate companies.

Practice head(s):

Álvaro Otero

Other key lawyers:

Javier Colino

Key clients

Allianz Real Estate / VGP

Aquila Capital

Catella AM

CBRE Investment Management

Cordia Group (Futureal)

Delin Capital

EQT Exeter

Franklin Templeton Social Infrastructure Fund (FTSIF)

Panattoni

Pradera

Primevest Capital Partners Deutschland GmbH

Principal

Savills Investment Management

Schroders Capital

Seguros Santalucía

Work highlights

  • Advised on the joint venture between Allianz Real Estate and VGP NV on the Spanish aspects of the acquisition of a portfolio of 13 logistic warehouses in Spain, Italy, the Netherlands and Romania.
  • Advised Aquila on the turnkey forward sale of a logistics warehouse in Illescas (Toledo) to AXA Real Estate Investment Management.
  • Advised Catella AM on the acquisition of a residential development project (build-to-rent) in Valencia from AQ Acentor.

DWF-RCD

DWF-RCD advises builders, developers and a host of other clients in the domestic market on the full array of mandates pertaining to real estate ownership. The department also provides support services throughout different stages of the real estate and building processes. Adolf Rousaud oversees the team and is knowledgeable in real estate M&A, project finance and corporate restructuring. Iñigo Montesino-Espartero is noted for her real estate finance capabilities, while partner Leire Elorza is adept in urban planning and contractual law. Eva Gimenez Corrons is also a name to note in the department.

Practice head(s):

Adolf Rousaud

Other key lawyers:

Iñigo Montesino-Espartero; Leire Elorza; Eva Giménez Corrons

Testimonials

‘The collaboration with other departments is extraordinary.’

‘In addition to their knowledge and experience, the team has a great ability to get involved in matters. The bottom line is that you feel like they are part of the team. I would especially highlight the name of Leire Elorza, who deserves a mention for her exceptional work.’

‘The team is very consolidated, working with them gives us the security of having a leading practice with great experience. They provide us with agility, flexibility and security, anticipating our needs and offering 360º advice, they can also advise us on any questions that may arise.’

EY Abogados

The real estate department at EY Abogados possesses considerable expertise in SOCIMIs, and has recently been especially active in the hotels and leisure sector. The team is also able to assist in real estate finance, the construction process and urban planning, and to conduct due diligence processes and valuations. Ignacio Saenz de Santamaría has more than 15 years’ experience in this sector and is knowledgeable in the full spectrum of real estate transactions. Ana Lopez Muina assists public and private entities with integrated property developments, town planning management and hospitality, while Ignacio Saenz de Santamaría is proficient in corporate real estate transactions.

Practice head(s):

Ivan Azinovic Gamo; Ignacio Saenz de Santamaría; Ana López Muiña

Testimonials

‘In the last 12 months we have worked with this practice in two operations in a very satisfactory way. Excellent reactivity and collaboration with the client’s internal team.’

‘Ignacio Saénz de Santamaría has great knowledge of the sector and excellent team coordination.’

‘Ana López Muiña is technically magnificent and tenacious in negotiations.’

Key clients

ARIMA REAL ESTATE SOCIMI, S.A.

ENGEL & VÖLKERS

GI INVESTMENTS

ARDIAN

ZETLAND

ASPROCAN

DEA CAPITAL

KRONOS INVESTMENT GROUP

VIA CELERE

ZAMBAL SPAIN SOCIMI

IBA CAPITAL PARTNERS

DRAGO CAPITAL

GLOBAL SWITCH

ATOM HOTELES SOCIMI

ÚNICO HOTELS & REAL ESTATE

SCI ELIALYS

ENGEL & VÖLKERS

AIG ASSET MANAGEMENT (EUROPE) LIMITED

HINES

IBERUS CAPITAL

OPPOINVEST

Inmobiliaria Corral

IBERDROLA

CONREN TRAMWAY, S.L.

Work highlights

  • Advised Hines on the acquisition of a plot of land located in Madrid and Coslada for the implementation of a large logistics project.
  • Advised Dea Capital on the acquisition of a plot of land located in Pinto for its further development as a logistics warehouse and commercialisation in favour of the company Ecoquimica.
  • Advised ARIMA REAL ESTATE SOCIMI on an acquisition from two different sellers of the buildings located in Madrid for refurbishment.

King & Wood Mallesons

King & Wood Mallesons regularly advises clients on office and logistics asset investments, and is particularly seasoned in handling retail and logistics matters. The department also advises a host of blue-chip companies and is well equipped to cover the entire property life cycle. José Antonio Calleja leads the department and possesses more than 20 years of experience in this sector. He is supported by senior associate Candela Escribano, who frequently advises regional and global clients on real estate finance, commercial leases, and the sale and purchase of single assets and real estate portfolios.

Practice head(s):

José Antonio Calleja

Other key lawyers:

Candela Escribano

Testimonials

‘KWM’s real estate team stands out for its proactivity in matters and for seeking imaginative solutions to problems that arise in the development of matters. Their great knowledge of the market and extensive experience allows the client to get ahead in negotiations and build solid arguments to achieve the desired objective.’

‘José Antonio Calleja and Candela Escribano form the perfect tandem. They know the sector perfectly and have outstanding technical rigor.’

‘A legal team of great experience, with strong knowledge of the sector and proactive character in the search for solutions and in achieving the good outcome of the negotiations. Excellent personal treatment.’

Key clients

Amazon

McDonald’s

Leroy Merlin

Generali Real Estate

Dachser Spain

Valencia Club de Fútbol

Excem Real Estate

Kronos Investment Group

MAPFRE Inmuebles

Nidra Homes

Greenhabitat

Avance Hogar

El Corte Inglés Real Estate

Silicius Real Estate Socimi

Work highlights

  • Advised Amazon on several lease agreements related to logistics and Amazon’s business for long term, including plots of land, buildings and warehouses.
  • Advised MAPFRE Inmuebles on the acquisition of DAZEO, a 3,427 square metre office building in Madrid.
  • Advised Generali Real Estate on the sale of an office building located in Madrid’s Justicia district (Distrito Centro) to a family office.

Pinsent Masons LLP

Pinsent Masons LLP assists domestic and international real estate clients during the full asset life cycle, and often advises on the procurement and construction of assets, as well as contractual structures and risk management. The department is jointly led by José Luis García-Manso, who advises a variety of clients including investment funds, REITs and institutional investors, and Sofía Parra Martínez, who assists contractors, owners, subcontractors and designers in the drafting and negotiation of construction contracts. Former partner Ricardo García Uzcudun departed the practice in December 2021.

Practice head(s):

José Luis García-Manso; Sofía Parra Martínez

Testimonials

‘It is a very dynamic and very willing team. They always pick up the phone, and are very reactive. They are also very market oriented.’

‘It is a diverse team, with 50% women.’

‘Jose Luis García Manso is an exceptional partner. He has deep knowledge of the market based on his long experience in the sector. In addition, he is creative and innovative, and constantly rethinks the solutions he gives to problems.’

Key clients

MDSR Investments

KKH Capital Partners

Novobanco / Lone Star

BMO Real Estate Partners

El Corte Inglés

King Street

Cainiao Smart Logistics Network

X-Elio Energy

Admara Capital

Work highlights

  • Advised MDSR Investments, an Israel-based investment fund, on the acquisition of a portfolio of nine hypermarkets from France-based Amundi operated by Carrefour.
  • Advised KKH Capital Partners on the drafting of the management agreement with Standard Hotels for The Standard Ibiza.
  • Advised Novobanco on the sale of circa 170 residential plots which form part of a golf complex in Cuenca.

PwC Tax & Legal Services

With support from teams based in Madrid, Barcelona, Seville, Oviedo and Vigo, PwC Tax & Legal Services provides multidisciplinary advice on tax, litigation and corporate matters to its real estate clients. The practice is also active in M&A, project development and divestments, and is led by Paula Hernández Lemes, who advises REITs on shopping centre acquisitions and assists developers in construction mandates.

Practice head(s):

Paula Hernández Lemes

Testimonials

‘In the case of the real estate department of PwC, I highlight the great capacity for work and the resources that are allocated to each project. In terms of technological innovations, it is a firm that is at the forefront.’

‘This office stands out for its work capacity and having a large number of lawyers for each project.’

‘Strong presence of e-law tools (managed services and smart contracts) in the provision of its services that allows greater efficiency and allocation of resources.’

Key clients

VGP Spain

Espacio Caleido S.A.

DISTRITO CASTELLANA NORTE, S.A.

Aedas Homes, S.A.

Mapfre Vida, S.A. de Seguros y Reaseguros sobre la Vida Humana

Restaurantes Mcdonald´s S.A.U.

Ibervalles, S.A.

Castlelake

FS Capital Fund – Izilend

Neinor Homes

Grupo Alvores

Realza Capital S.G.E.C.R

Vantage Towers, S.L.U. (Vodafone Group)

Bovis Project Management, S.A.

Work highlights

  • Advised VGP Spain on the bidding process for logistics land through the granting of surface rights and constitution of a corporate vehicle.
  • Advised ESPACIO CALEIDO on all the legal aspects that a real estate asset may face, from its acquisition, transformation or construction, and other procedures with different public administrations and authorities.
  • Advised DISTRITO CASTELLANA NORTE on the legal implications of civil or urban planning actions carried out in relation to a large area of land for future development in Madrid.

Ramón y Cajal Abogados

Ramón y Cajal Abogados assists regional and global companies, investment funds and developers on the spectrum of matters in planning, as well as the contractual documentation for the acquisition of land and buildings, offices and logistics projects. Francisco Bengoetxea is knowledgeable in urban planning and administrative and environmental law. Miguel Ferre, who is proficient in urban planning, has overseen several non-finalist land acquisition transactions, and joined the practice from Hogan Lovells International LLP alongside associate Jaime Gutiérrez and senior lawyer Marta Santos. Roberto Tojo left the firm.

Practice head(s):

Miguel Ferre; Francisco Bengoetxea

Other key lawyers:

Ane Basterretxea; Jaime Gutiérrez; Marta Santos

Testimonials

‘Great technical knowledge and motivation.’

‘Almost immediate attention and cordial treatment.’

‘Excellent treatment from the partners of each department. Good experts of law, good client service and extensive experience in the field of transactions and real estate law.’

‘I would like to highlight Miguel Ferre and Francisco Bengoetxea, as well as the entire team.’

Key clients

Stoneshield Investments

Aedas Homes

Iberdrola Inmobiliaria

Stoneshield Investments

Aedas Homes

Novo Banco

Engie

Monthisa Inmobiliaria

Aquila Capital (AQ Acentor)

Habitat Inmobiliaria

Work highlights

  • Advising CaixaBank on the sale of the emblematic building located at Paseo de la Castellana 51 for a price of €238.5m.

Araoz & Rueda

The department at Araoz & Rueda is proficient in urban planning transactions, and has been particularly active in the acquisition and sale of high-end residential assets, sale and leaseback structures, as well as logistics deals. The practice has also been frequently engaged in growing sectors such as student accommodation, hotels and office facilities. Jesus Conde oversees the practice and is knowledgeable in restructuring projects, and real estate administrative, civil, commercial and planning mandates.

Practice head(s):

Jesús Conde

Testimonials

‘In-depth knowledge of the real estate market, the way companies work and business requirements. A high-performance team with capabilities to cover multiple issues with a personalised approach.’

‘Very attentive to the needs of the client and the project. They are flexible to different points of view as long as it is convenient for the project.’

‘Absolute availability and attentive to matters of an urgent nature.’

‘The firm has experts with the ability to handle a wide variety of requests. Great availability and commitment to our times and business needs. Jesús Conde is an excellent professional who brings high added value to the collaboration.’

‘The real estate and construction team dives directly into the client’s position and defends their interests as a true in-house lawyer. It is a fresh team whose availability towards the client and involvement is outstanding.’

‘Dedication to the client’s needs – constant availability and very quick response times, outstanding competencies in real estate, and a relentless commitment to providing high quality advice and guidance.’

‘What makes this practice unique is the personalised attention, fluency in communication, and the management of a multidisciplinary group.’

‘Jesus Conde has been the image of this office. Knowledge of the subject, management of all legal tools, speed in solving problems and warmth in the treatment make the difference.’

Key clients

Azora

Equilis Investment

Carr Capital

Fidelidade Sociedade Gestora

Spotify

Groupe CAT

Berlin Packaging

Amundi Immobilier

Michael Kors

US Embassy

Ralph Lauren

Garna Properties

Castelus

Work highlights

  • Advised Equilis on the purchase of a landmark residential building in the core of Madrid’s business and commercial district.
  • Advised Azora on the acquisition of a plot of land in the south of Madrid for the development of a major logistics building.
  • Advised Fidelidades Sociedade Gestora on the acquisition of a trophy office building in Madrid.

Cases&Lacambra

The department at Cases&Lacambra advises clients on a wide range of real estate transactions and has expertise across urban real estate, finance, tax, corporate and environmental mandates. The team is also adept in joint venture agreements, co-living property, and the drafting and negotiation of real estate deals. Marta González-Llera is the practice head. Daniel Tienda left the firm.

Practice head(s):

Marta González-Llera

GTA Villamagna Abogados

GTA Villamagna Abogados is home to an experienced team, which has been engaged in urban planning mandates, as well as disputes pertaining to domestic town planning. Ernesto García-Trevijano co-leads the team with Marta Plaza, who advises public authorities and private companies on planning matters, including equitable distribution of land, and the preparing and processing of planning instruments and urban management instruments.

Practice head(s):

Ernesto García-Trevijano; Marta Plaza

Testimonials

‘It is a law firm with great experience and great flexibility to respond to problems quickly.’

‘Ernesto García-Trevijano has great knowledge and experience, and provides quick answers/solutions.’

‘Marta Plaza has the ability to delve into problems and has a great capacity for work.’

Key clients

RETAMAR DE LA HUERTA BOARD OF COMPENSATION (JUNTA DE COMPENSACIÓN DE RETAMAR DE LA HUERTA)

VALDECARROS BOARD OF COMPENSATION (JUNTA DE COMPENSACIÓN DE VALDECARROS)

MÓSTOLES PP7 BOARD OF COMPENSATION (JUNTA DE COMPENSACIÓN DEL PP7 DE MÓSTOLES)

ENJOY WELLNESS SL

PROMONTORIA COLISEUM REAL ESTATE, S.L.U.

DIVARIAN PROPIEDAD, S.A.

ALBIA GESTIÓN DE SERVICIOS, S.L.U.

HAYA REAL ESTATE, S.A.U.

SOLVIA SERVICIOS INMOBILIARIOS, S.L.U

SOLVIA SERVICIOS INMOBILIARIOS, S.L.U|CORPEDIFICACIONS, S.L.

Work highlights

  • Advised PP8 BOARD OF COMPENSATION (JUNTA DE COMPENSACIÓN DEL PP8 EL LUCERO) on all matters related to the urban development of the PP8 EL LUCERO in Alcorcon.

KPMG Abogados, Spain

KPMG Abogados, Spain is frequently engaged in real estate M&A transactions and possesses a wealth of experience in joint venture agreements and corporate structuring. Carlos Bardavío leads the practice and has more than 20 years´ experience in advising regional and global clients on real estate financing, transactions and assets. Senior lawyer María Llorens is reputed for her expertise in real estate transactions, while Beatriz Ron, also a senior lawyer, is noted for her knowledge in structuring foreign investments.

Practice head(s):

Carlos Bardavío

Other key lawyers:

María Llorens; Beatriz Ron

Testimonials

‘The level of professional performance from the KPMG Legal team is outstanding. Both for the professional quality of its teams and for their coordination among themselves and with other consulting areas such as tax, accounting, and compliance.’

‘The most notable qualities are dedication, availability and simplicity when it comes to posing problems and their most convenient solutions. The most outstanding names for us are Beatriz Ron and Carlos Bardavío.’

‘Highly trained staff, with a great dedication to client service and with a lot of experience.’

Key clients

Patrizia

Logistik Service

DISA Corporación Petrolífera

Segro/SELP

Camina Gestion & Capital

Dunas Capital

Incus Capital

DHL

ONCISA

RocaJunyent

Utilising its offices in Madrid, Barcelona, Tarragona and Girona, the real estate department at RocaJunyent often advises investors as well as real estate companies. The team's workload includes a wide variety of matters connected to the construction, promotion and investment of real estate assets. Xavier Serramalera Cercós leads the practice and is well versed in the management and operation of hotels, sports clubs and recreational centres. Roger Pla Madrid is proficient in negotiation and contracting, while Silvia López advises on the investment and divestment of real estate assets.

Practice head(s):

Xavier Serramalera Cercós

Other key lawyers:

Roger Pla; Silvia López Jimenez

Testimonials

‘The team is proactive. In addition, they do not give a single opinion: they give several with the possible risks so that we have a global vision when it comes to the risk we want to assume.’

‘Silvia López Jimenez is proactive. Also if necessary, the department quickly connects us with the other areas of the company for example corporate and financing.’

‘RocaJunyent stand for their involvement in business cases; proactivity and leadership as well as their innovation in ESG.’

‘Lawyers with business and practical vision, as well as involvement and proactivity.’

‘Silvia López and team are magnificent professionals.’

‘A highly qualified team. Their direct treatment is exceptional and their way of working makes it very easy to work on the most complex operations.’

‘Roger Pla has a willingness to always carry out exceptional work.’

‘Availability, diligence in response, and commercial focus on operations.’

Key clients

Servihabitat Servicios Inmobiliarios, S.L.U.

Webhelp Spain Business Process Outsourcing, Slu.

Fontas Grundstüks Gmbh & Co. Kg (Fontas)

Inmobiliaria Colonial Socimi, S.A.U. (IC)

Mobel Linea

Global Realty Cap

Fundación Bancaria La Caixa

Bansabadell Vida, S.A.

Zurich Vida Compañía De Seguros Y Reaseguros, S.A.

Rockstone

Sector Costa San Juan, S.L.U. (Mimeisa Group)

Sabadell Real Estate Development, S.A.

Bservicer Basico, S.L

Restaurantes McDonald’s, S.A.

FR. Calzedonia España, S.A.

Work highlights

  • Advised on 65 sales transactions of singular assets managed by Servihabitat Servicios Inmobiliarios for its clients.
  • Advised the German fund Fontas on the sale of an office building located in Barcelona to Conren Tramway for €50m.
  • Advised INMOBILIARIA COLONIAL SOCIMI on the purchase of an office building belonging to ANPORA INMUEBLES for €46.3m.

Squire Patton Boggs

With strength in the construction, hospitality and retail sectors, Squire Patton Boggs is well equipped to assist in the financing, construction and development, as well as letting, of real estate assets. Ramon Castilla oversees the team and has more than 25 years of experience as a corporate M&A and real estate lawyer and is seasoned in the purchase and sale of real estate assets. Associate Cristina Fernandez is especially knowledgeable in the drafting of lease agreements. Antonio Fernandez Rodriguez and Alfonso Lopez are also key contacts.

Practice head(s):

Ramón Castilla

Other key lawyers:

Cristina Fernandez; Antonio Fernández Rodríguez; Alfonso López

Testimonials

‘Precision, innovation and flexibility.’

‘Ramón Castilla possesses excellent skills for real estate deals and has a commercial attitude.’

‘Resolute with company criteria and empathic with the company’s strategy.’

‘The team knows the client’s needs very well and they adapt perfectly to what is required. Everyone works as a team.’

‘Close and empathetic people, as well as commercial in dealing with clients.’

‘Apart from Ramón Castilla and Antonio Fernandez’ professionalism and great knowledge in the entire commercial real estate sector, I would highlight their availability and feel like they are our most faithful representative in contract negotiations.’

‘Personalised advice and great dedication to the client. They are highly specialised in the practice of Real Estate Law, an area in which they have great experience.’

‘Ramón Castilla and his team are a benchmark for M&A and real estate operations.’

Key clients

Westmont Hospitality Group

Kennedy Wilson

Kronos Investments Group

Princeton Investments

General Mediterranean Holding

Activum Capital

Mitiska Reim

Mcquaire

Frey Group

Summa

Ravens SR

Mineral Technologies Inc

Odissey

Lar España Real Estate Socimi

Cummins

Si-gla

Highgate Hotels

Best Hotels

The Royal Bank of Scotland (RBS)

Angelo Gordon

Helios Group

Ineos

Ashland

Invenergy

Solaria

Saint Louis University

StubHub International/Todoentradas

Maydon Inversiones

Coolmobile

López Real

Vidoomy

Lifecare Residents

Grupo Seaya Ventures-

Jabil / Plásticos Castellá

Fibonad Group – Mobusi

Radio Holand

Divino Resort

Pan American Energy

Buguroo

Watson Farley & Williams LLP

Able to draw upon the firm's corporate, finance, regulatory and tax practices, Watson Farley & Williams LLP is well placed to assist clients throughout the entirety of the property life cycle. The practice also assists in lettings, acquisitions and regulatory matters and is particularly experienced in the hotels and leisure and infrastructure sectors. Pablo San Gil leads the team and advises real estate funds, lenders and financial entities on a breadth of operational and financial restructurings. At the senior associate level, Aranzazu Arizcun Muñoz advises renewable energy companies on real estate mandates. Ignacio Cacho is also a name to note.

Practice head(s):

Pablo San Gil

Other key lawyers:

Aranzazu Arizcun Muñoz; Ignacio Cacho

Key clients

CaixaBank

Frux Capital

Credit Agricole Corporate & Investment Bank

Banco Santander

Banco Sabadell

BNP Paribas

Arcano Partners

Banco Pichincha de España

Jar Capital

Work highlights

  • Advised a banking syndicate formed by several banks, including Banco Santander, as lenders on the financing granted to Aldton Invest and others for a sale and leaseback deal.
  • Advised Jar Capital, an investment fund located in Switzerland, on the acquisition of a residential building located in Madrid for the full refurbishment and subsequent sale of refurbished flats.
  • Advised Banco Santander in connection with a financing granted in favour of VIVENIO PROMOCIÓN for the development and construction of a residential project (build to rent).

Zurbarán Abogados

In January 2022, Zurbarán Abogados was further strengthened by its merger with [A] Code Abogados. The practice’s multidisciplinary team assists clients in the full array of mandates pertaining to the building and construction of real estate. Paloma Angulo is proficient in construction, planning and real estate law, and is seasoned in the drafting of urban planning instruments. Ángel Zamora González de la Peña and Ricardo Astorga Morano are also key practitioners in the practice.

Practice head(s):

Ángel Zamora González de la Peña; Ricardo Astorga Morano

Other key lawyers:

Paloma Angulo

Testimonials

‘Experience, imagination and availability.’

Key clients

GRUPO INSUR