Real Estate (15)

Friday, 24 November 2017 11:24

Real estate e-Report 2017

The Iberian real estate market is attracting investors from around the world with the result that, for some law firms, deal flow is exceeding pre-crisis levels
Rising demand for commercial real estate assets in Portugal is generating instructions in a wide range of practice areas for Lisbon’s largest law firms, says Nuno Sá Carvalho, partner at Cuatrecasas in Lisbon.
New wave of investors driving ‘sustainable, controlled growth’ in real estate market with the result that the risk of a property bubble is diminishing
Joint ventures between international real estate investors and local partners in Spain are a growing trend which is providing significant opportunities for law firms, according to BDO Abogados’ head of real estate, Juan Gómez-Acebo.
Investment in retail property in Spain has exceeded €3.2bn so far this year, with a number of major assets having changed hands in recent months
Demand among foreign investors for Portuguese real estate assets is soaring with the result that, in some segments of the market, it is starting to outpace supply, says Maria Margarida Torres, a senior lawyer at Caiado Guerreiro in Lisbon.
Monday, 19 December 2016 17:34

Real estate e-Report 2016

Despite a scarcity of assets in the Spanish real estate market, opportunist funds are still looking to complete more ‘imaginative’ deals, while in Portugal, development and tourism-related projects are generating considerable work for lawyers
There has been an unprecedented rise in both transactional and developmental activity in Portugal’s commercial real estate sector in the last 18 months. Indeed, 2015 was a record year, with commercial real estate investment totalling over €1.8bn, according to a report by BNP Paribas. And the demand for Portuguese real estate assets has remained high in 2016, with foreign investors and funds, in particular, having a strong appetite. This presents a golden opportunity for Portugal’s leading law firms, but they must expand to meet client demand, says Pedro Ferreirinha, partner in charge of the real estate and environment practice group at Vieira de Almeida (VdA).
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