Garrigues was one of the first firms to provide an integrated service covering all angles of business law in the real estate market. Thanks to this groundbreaking approach, over the years we have acted in the largest and most technically complex transactions, bringing and adapting international techniques to the different markets and contributing to the modernization of contractual and financing models. In doing so, we have garnered recognition from the market, cemented our leading position in prestigious legal directories and received numerous awards.
The Real Estate team is made up of over 130 experts in the areas of M&A, banking and finance, tax, labor and employment law, regulatory compliance, administrative law, antitrust law, dispute resolution, environmental law, restructuring and insolvency, tourism, etc. This enables us to assemble interdisciplinary teams with an in-depth understanding of the market.
Our clients include institutional and international investors, real estate fund managers, investment banks, insurers, developers, construction companies, as well as a wide range of local and multinational companies.
In addition to traditional real estate advisory services, we take part in deals with an underlying or indirect real estate component, which involve structures or elements typical of other areas: real estate M&A, structural modifications, special situations, purchase of NPLs, and restructuring and insolvency matters. All of this enables us to take part in and lead the highly complex and varied transactions befitting an international practice and involving major industry players (real estate funds, debt funds and special situations, banks and alternative finance providers, and real estate developers, managers and servicers).
We specialize in the legal aspects of all types of real estate (office buildings, shopping malls, industrial warehouses and logistics centers, hotels, homes for the elderly, residential property portfolios, golf courses and sports marinas), with specific knowledge of the legal components that impact the sale and purchase of these properties, as well as in real estate project finance and the arrangement of guarantees and other collateral.
Negotiation of development, delegated development, project management, construction and turnkey contracts, contracts with architects, engineers and other technical experts, off-plan sale and purchase agreements, realtor agreements, etc.
Compliance with the legislation applicable to sales of residential properties by developers and to legal structures for real estate development (risk analysis, tax optimization, etc.).
Negotiation of lease agreements for all types of property and premises (commercial premises in mixed-use buildings, units in shopping malls, industrial warehouses, logistics centers, offices, etc.), as well as hotel lease and management agreements, real estate management agreements or contracts relating to homes for the elderly, among others.
Analysis of alternatives for the creation of condominium property systems and building complexes in shopping and leisure centers, hotel, residential, mixed-use and condo-hotel developments and homes for the elderly. Preparation and negotiation of all legal documentation required (draft deeds of creation of condominium property systems and building complexes, division, merger, aggregation and new construction, bylaws and internal regulations, etc.).
2023: The most significant legal developments that companies in Spain should keep on their radar
Garrigues analyzes from every business law angle the most significant legislative changes that are due to arrive next year.