Pérez-Llorca remains a trusted choice for domestic and international investors on real estate asset and share deals, demonstrating extensive expertise across different asset classes, including retail, offices, logistics, residential, hotels and hospitality. Practice head Jesús Varela advises international equity investors on joint venture agreements and real estate asset deals, and assists debt funds and other non-bank lenders with financings for the development and acquisition of real estate in Spain. Fausto Romero-Miura shines in NPL portfolio deals and M&A in the hospitality sector, while Alejandro Osma adds experience in advising SOCIMIs, asset managers, developers and investment firms on transactions involving hospitality assets, renewable energy plants and infrastructure. Transactional specialist José Angel Nabal handles M&A, asset deals, joint ventures, sale and leasebacks and development projects, with a focus on the hospitality and leisure segments.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Sector knowledge
Testimonials
Collated independently by Legal 500 research team.
- ‘Pérez-Llorca's real estate and construction division stands out for its human qualities, approachability, and excellent technical knowledge of law and the real estate sector.’
- ‘Led by Alejandro Osma and with Patricia Alonso-Lamberti as a prominent team member, they differentiate themselves from competitors in human quality, approachability, availability, knowledge of the sector and flexibility when negotiating.’
- ‘What makes them unique is their exceptional technical expertise and experience combined with a constant business acumen. For me, there are two types of lawyers: those who look for problems and those who look for solutions. Clearly, PLL is all about finding solutions to problems.’
- ‘The team's human qualities, their approachability, and their experience are the most valuable assets. Technically, they are excellent, and their willingness to empathise with the client and fully commit to their work is truly unique.’
- ‘Highly commercial and skilled negotiators. Capable of covering virtually all asset types, including both debt and equity. Easy to work with.’
- ‘Both Jesús Varela and Alejandro Osma are very good at what they do. We work with them frequently. They invest in the relationship, supporting the client in the underwriting phase even before a formal mandate is in place.’
- ‘Great, in-depth knowledge and understanding of the full spectrum of real estate, construction, corporate and finance.’
- ‘Jesús Varela - outstanding knowledge, leadership and commercial sense.’
Key clients
- Crea Madrid Nuevo Norte S.A.
- Blackstone Europe LLP
- Selenta (Brookfield Group)
- Rockaway Invest
- CBRE Global Investors
- W. P. Carey (Global Cerit)
- Aedas Homes
- Transitions Europe SCPI
- Sancus Capital
- Dazia Capital Markets
- Emperador Properties Socimi
- Romano Senior
- Victoria Hotels
Work highlights
Advised Crea Madrid Nuevo Norte on the sale and acquisition of land rights from Adif, Adif Alta Velocidad, Renfe Operadora, and Renfe Ingeniería y Mantenimiento for a total of €1.245bn.
Advised Blackstone Europe LLP, as local counsel, on the acquisition, through a share deal, of 80% of Hexagon Holdco S.à r.l’s shares from Burstone Lux 2 S.à r.l., Burstone Luxembourg Investment Holdings S.à r.l. and Ed Trust INL Investments I Proprietary Limited.
Advised Maslow Capital on the structuring and execution of a €30m financing for the redevelopment of shopping centre “Ermita del Santo”, in the south of Madrid, into a mixed-use residential complex.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Jesús Varela
Other key lawyers
Fausto Romero-Miura; Alejandro Osma; José Angel Nabal; Patricia Alonso-Lamberti