Cuatrecasas has appointed Sergio Agüera as partner in charge of the commercial practice in the Balearic Islands, a strategic territory for the firm for the last twenty years. He has joined the Palma office to promote and consolidate the real estate practice, a task he will combine with his current duties in the Barcelona office.
A specialist in real estate transactions, M&A and project development and execution, with more than two decades of proven experience, he arrived at the firm at the end of 2022.
“We are convinced that the Palma office has a lot of potential. With the assumption of my new responsibilities, we want to give a boost to the commercial and real estate team, as well as to Cuatrecasas’ leading position in the Balearic Islands. The economy of the archipelago has been showing great dynamism in recent years, led by the hotel and tourism sector, which is why the firm has decided to expand the team and the office, which has been showing very significant and sustained growth since it was established,” says Sergio Agüera about his new role within the firm.
Sergio Agüera will have a team of seven lawyers, five of them located in the Palma office and two, Aina Maragall (Real Estate and Urban Planning) and Ane Ballano (M&A), from the Barcelona office, who will receive support from the Finance and Tax area with partner Daniel Coloma at the head. Meanwhile, the lawyer Enrique Álvarez leaves the firm to start other professional projects.
About 20 professionals work at the Palma headquarters and actively participate in all phases of this type of transactions: recruitment, design from all branches of law, implementation, final execution and possible subsequent adjustments. Grouped in multidisciplinary teams, the firm’s lawyers are fully aware of the particularities of each island of the archipelago.
Cuatrecasas offers specialized services in the Balearic Islands in the most representative sectors: tourism, labor, tax, commercial, financial, real estate, litigation and arbitration. In its expansion process, Agüera’s appointment strengthens the firm’s growing practice on the islands, where it plans to inaugurate its new offices in September 2024, when it completes the project to extend its offices at Colón 9, Palma, with an additional floor. The building will be fully occupied by Cuatrecasas, which has redesigned the building with a more up-to-date image, in line with the changes made to its offices in Valencia, Seville and Zaragoza.
Javier Solá, managing partner of the Palma office, says: “The incorporation of Sergio Agüera as partner in charge of the Corporate and Commercial practice in our Palma office represents a decisive commitment by the Firm to become the firm of reference in all kinds of corporate and partnership transactions, with a very strong specialization in the hotel real estate market, as well as in the private client, so characteristic of our islands”.