Baker McKenzie advises Hermes Properties on the launch of a new real estate investment vehicle
Baker McKenzie has advised Hermes Properties on the structuring and launch of a new investment vehicle alongside other financial investors, with the aim of investing in real estate assets in Spain.
This new vehicle, the third in Hermes Properties’ history, will focus on the acquisition of income-generating assets, mainly in the commercial and residential sectors.
The company’s initial objective is to invest €50 million over the next two years, consolidating its strategy of sustained growth and long-term value creation.
The firm’s advice was led by Luis Fuster, partner in the Corporate M&A practice, and Jaime Martínez-Íñiguez, partner in the Tax practice, with the participation of Pablo Garcia from the Corporate M&A team.
