Real estate in Venezuela
ARAQUEREYNA fields a team of dedicated lawyers, which is not also involved in real estate matters but also in the construction sector. Practice head María del Pilar Aneas continues to be involved in the 'Construyendo la Venezuela que queremos' project, for which she drafted a legal framework allowing the reactivation of the construction sector by promoting the implementation of key public policies to ensure industry growth. The team is also acting as lead counsel for a construction company in drafting sales and leasing contracts relating to a shopping centre. Manuel Reyna is well versed in financing matters. Associates Federica Mena and Alessandra Corona are also names to note.
Leĝa Abogados has a strong offering in the real estate space; the team assists clients with the full life cycle of their residential, retail, office and industrial properties. It has a particularly noteworthy track record in real estate litigation; dispute resolution expert Mark Melilli-Silva is acting for RB Inversiones in an arbitration proceeding against one of its tenants over the tenant's refusal to leave a building owned by the client. Acting for Boston Medical Device, practice head Juan Enrique Aigster negotiated and obtained a review of the lease of its office property. Lisette García-Gandica is well versed in eviction processes and is, together with associate Elias Tarbay, also noted.
Mendoza, Palacios, Acedo, Borjas, Paez Pumar & Cia.
Mendoza, Palacios, Acedo, Borjas, Paez Pumar & Cia. handles an impressive range of matters for banks, construction conglomerates and corporates; recent work saw the team advising Corporación Solsica on the review, drafting and negotiation of the rental contracts of its offices and storage areas in Caracas, Valencia and Maracaibo. In another work highlight, Alfonso Graterol and María del Carmen López acted for Four Seasons Hotels in a lawsuit against Consorcio Barr regarding foreclosure of a second-degree mortgage, based on the latter’s failure to comply with a loan agreement. Other key practitioners are Manuel Acedo Sucre, Luisa Lepervanche, Diego Lepervanche and Luisa Acedo De Lepervanche.
The team at Baker & McKenzie, S.C. has considerable experience in assisting clients in real estate transactions and providing advice on double taxation, as well as on the environmental and regulatory implications of real estate acquisitions. The group's close co-operation with the firm's corporate and tax department adds value. Practice head María Celis has been active in the field for more than 20 years, while Gabriel De Jesús and associate María Alejandra Ruiz bring commercial and dispute resolution expertise to the team.
D'Empaire covers the full gamut of real estate matters, from the financing, development and construction of a project to the purchase, sale or acquisition of office buildings, industrial facilities, retail stores, hotels and shopping centres. The team also has experience in contentious matters. Inés Parra recently advised Banco Sabadell on obtaining all of the necessary authorisations and certificates regarding the sale of the bank’s offices in Caracas. Roberto Mas and Pedro Perera are other key practitioners in the group.
Having taken over Norton Rose Fulbright's Caracas office, Dentons is well positioned during the troubled times in Venezuela thanks to its ability to advise on investment planning in real estate, which is relevant in the highly inflationary economy, and on lease-related matters. The firm's client portfolio includes companies as well as individuals. Corporate lawyers Sergio Casinelli, Daniela Jaimes and Natalija Vojvodic form the core team, with Ramón Alvins bringing added litigation experience to the table.
A new entrant to the ranking, LEC Abogados covers a wide range of real estate matters, including transactions, advice on co-investment and litigation. The team is led by Gustavo Esteban, who also brings tax expertise to the table. A mix of joint ventures, contractors and corporates are on the client roster. Esteban is supported by associates Gastón Lazzari and Javier Allen.
Travieso Evans Arria Rengel & Paz
Travieso Evans Arria Rengel & Paz' key contacts are Luis Tinoco Arria and Pedro Rengel Nuñez; they are instructed by clients such as developers, builders and lenders to handle a variety of real estate-related matters. Key areas of strength include the acquisition, financing, development and sale of properties. The team's close co-operation with the tax department is also noted.