CMS Albiñana y Suárez de Lezo advises clients from early-stage acquisition and financing through development, construction, asset management and disposal, with notable activity in student housing, senior living, logistics, hotels and build-to-rent (BTR). Álvaro Otero advises on major asset and company deals, sale-and-leasebacks and development matters. Javier Colino is recognised for his strong track record in real estate transactions, while Jorge Durán assists funds and corporates with acquisitions, financings, leasing and construction arrangements.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Testimonials
Collated independently by Legal 500 research team.
- ‘In my opinion, the strongest point would be the solid knowledge of all branches related to real estate.’
- ‘What makes CMS different is the close relationship with its partners and the competence of its junior team.’
- ‘The CMS team has demonstrated excellent negotiation and project management skills, choosing their battles wisely and knowing when to be more pro-business or tougher as the deal demanded. They paid close attention to detail, uncovering important issues that I believe would have escaped us in other cases.’
- ‘The partner's high level of involvement in every detail is appreciated and noticeable. The comprehensive legal advice within the real estate practice, including financing, share deals, DMAs, and leases, is also greatly appreciated. A very complete team.’
- ‘Availability and adaptability to client needs. Industry knowledge and client support have been key differentiators for CMS compared to other firms we have worked with.’
- ‘Álvaro Otero's experience, his availability, and the confidence he conveys to the client make him stand out.’
Key clients
- Aquila
- Catella AM
- CBRE IM
- Delin
- IROKO SCPI
- Nuveen
- Pictet
- Primevest Capital Partners
- Principal
- Savills Investment Management
- Schroders Capital
- SERRIS REIM Real Estate Investment Management
Work highlights
Advising Covivio Hotels on its landmark acquisition of a 100% stake in the entity holding the 4-star Iberostar Las Dalias Hotel in Tenerife.
Advised Santander Real Estate Equity I, FCR, a vehicle managed by Santander Alternative Investments, as the majority partner on the formation of a strategic joint venture with Neinor Homes for the development of a flex living apartment building in Madrid’s San Blas district.
Advised London + Regional Properties on the cross-border acquisition, structured as a sale and leaseback, of three premium David Lloyd sports clubs with locations in Madrid and Boadilla del Monte (Spain) and Bellevue (Switzerland) for a total consideration of €60m.
Practice head
Álvaro Otero
Other key lawyers
Javier Colino; Jorge Durán