The ‘robust’, ’dynamic’ and ‘well-connected’ practice group at Creel, García-Cuéllar, Aiza y Enríquez, S.C. is well-placed to handle the gamut of transactional, financing and regulatory real estate mandates. Core areas of expertise include the acquisition, leasing and transfer of Mexican real estate assets; the development, management and operation of real estate projects; and permitting, zoning and agrarian matters. The firm’s corporate law strength is reflected in its work on joint ventures and real estate fund formation, and both multinational and domestic developers, tourism and hospitality companies, real estate funds, CKDs, CERPIs and FIBRAs regularly look to the group for support. Leadership is shared between Mexico City-based Carlos de Icaza and Monterrey office lead Francisco Montalvo, De Icaza draws on experience providing investors with environmental, real estate and transactional advice for their Mexican ventures involving tourist, retail and residential properties. Montalvo, for his part, specialises in the acquisition and divestiture of assets in northern Mexico, while allso based in Monterrey, Badir Treviño-Mohamed is noted for his knowledge of regulatory and transactional real estate mandates. Additional key contacts at the Mexico City office include Carlos del Río (M&A, private equity and real estate transactions); counsel Alejandro Castelló, who assists pension funds and with real estate investments and environmental matters; and associate Brenda Elizondo. Counsels Valentina Villa and Carlos Yamamoto left the firm in November and December 2024, respectively.
Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘One of the largest firms in Mexico, with a lot of prestige and large teams that are a great asset for large-scale operations.'

  • ‘Francisco Montalvo - excellent lawyer, robust team of lawyers for high-profile transactions.'

  • ‘Very intelligent, very dynamic and well-connected with authorities and relevant groups'

  • 'They're a top firm, one of the best in Mexico. They have good technology. Very nice offices. Good service and great experience of the lawyers.'

Key clients

  • Gran Ciudad
  • The Cadillac Fairview Corporation Limited
  • O’Connor Capital Partners
  • FIBRA Prologis
  • Alojica
  • Apex Tool Group Manufacturing México
  • Finsa
  • Equinix
  • Digital Colony
  • ROCA Desarrollos
  • Glisco Partners
  • Proximityparks

Work highlights

Acted as Mexican counsel to Fibra Prologis in a competitive tender offer and reciprocal subscription to purchase up to 100% of the CBFIs issued by CIBanco, Institución de Banca Múltiple in the largest industrial real estate acquisition in Mexico and Latin America.
Acted as local counsel to Apollo Global Management Apollo Global Management on its acquisition of a majority stake of Panasonic Automotive Systems Corporation and its facilities in Mexico which are enabled to carry a robust manufacturing operation.
Acted as counsel to Walton Street Capital Mexico on the sale of its interest in a portfolio of nine commercial real estate properties located in Mexico to Planigrupo Latam.

Lawyers

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

Carlos de Icaza; Francisco Montalvo

Other key lawyers

Badir Treviño-Mohamed; Carlos del Río; Alejandro Castelló; Brenda Elizondo