Garrigues’ real estate team, co-led by Héctor Muñoz and Óscar de Santiago, advises major funds, servicers, SOCIMIs, developers and other real estate players on large financings, portfolio management and transactions involving all kinds of asset classes, from residential to logistics. Muñoz assists institutional investors and developers on deals in the residential, office, logistics and student housing spaces, while De Santiago focuses on sale, purchase, construction and leasing matters, as well as the financing and refinancing of real estate developments. Jorge Juan García-Pellicer López is recognised for his strong track record in real estate transactions in the retail sector and for his work with investment funds. Estefanía Iceta assists investors, developers, investment funds and SOCIMIs on transactions concerning offices, hotels, student housing and senior residences, while Blanca Jiménez Aparicio also supports clients with build-to-rent deals, logistics acquisitions, and investments and divestments in the office and student housing markets.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge

Testimonials

Collated independently by Legal 500 research team.

  • ‘In an environment of increasing complexity in real estate transactions, the Garrigues real estate team is a trusted partner, helping you close the deal and giving you peace of mind knowing that no loose ends have been left unaddressed.’
  • ‘Hector Muñoz is, in my opinion, the number one in Spanish real estate, but Garrigues always stands out for the quality of its associates and junior partners. Blanca Jiménez Aparicio and Jorge García-Pellicer are professionals with an impressive level of excellence, which certainly deserves to be mentioned.’
  • ‘What makes them unique is their extensive experience in the field and, given the longstanding professional relationship we have maintained with them, their deep understanding of our needs and demands, which generally results in an optimal service.’
  • ‘The added value they offer is their excellent service, stemming from their deep understanding of our needs and requirements, a result of our longstanding professional relationship. Furthermore, they are always willing to assist us when we require their advice.’
  • ‘The Garrigues real estate team is a highly specialised team, which also collaborates closely with the other teams in the firm in order to provide comprehensive advice, with great speed of response and involvement.’
  • ‘Estefanía Iceta: extensive technical knowledge, comprehensive vision, negotiation skills, business acumen, and knowledge of market standards.'
  • ‘The Garrigues team stands out for its strategic approach, technical rigour, and exceptional collaboration among its members. The team combines a clear business vision with a high capacity for responsiveness and adaptation, setting them apart from other firms. They consistently add value in negotiations and contract drafting.'
  • ‘Estefanía Iceta stands out from the rest of the competition for her commitment and dedication; she is always available. She is distinguished by her experience in the real estate sector, having completed far more transactions than most, which is a great help in negotiations. She is a walking encyclopedia, always offering innovative proposals to resolve issues when negotiations stall or become stuck.'

Key clients

  • Blackstone
  • Baupost
  • AXA IM – Real Assets
  • Värde
  • Apollo
  • Metric Capital Advisors
  • Alpine Grove Partners LLP
  • DWS
  • VGP Group
  • Banc Sabadell
  • Meridia Capital
  • Merlin Properties
  • AQ Capital
  • Square Asset Management
  • Arcano Real Estate
  • Platinum Estates
  • Carrefour Group
  • Batipart
  • Logicor
  • Farallon

Work highlights

Advising Brookfield on the competitive process to proceed with the sale of the Canadian pension fund CPPIB (Nido) of the Livensa Living purpose-built student accommodation (PBSA) portfolio in Spain and Portugal, which includes about 9,000 beds for €1.2bn.
Advising Platinum Estates on the joint venture with Sierra Blanca to develop a residential and hotel resort in Marbella with an investment of €500m.
Advised Q21 on the joint venture with Patron Capital and management agreement for the development of four major residential projects in Las Rozas de Madrid (Madrid) comprising approximately 600 housing units for €340m.

Lawyers

Leading partners

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

Jorge García-Pellicer
Jorge García-Pellicer
Estefanía Iceta
Estefanía Iceta
Héctor Muñoz
Héctor Muñoz
Leading associates

Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Blanca Jiménez Aparicio
Blanca Jiménez Aparicio
Practice head

Héctor Muñoz; Óscar de Santiago

Other key lawyers

Juan José Berdullas; Jorge Juan García-Pellicer López; Estefanía Iceta; Blanca Jiménez Aparicio