Portugal needs to change its planning system in order to accommodate a new wave of international real estate investors, says Caiado Guerreiro partner Tânia Pinheiro.
Though there is still a steady stream of major international property deals, there are signs there could be a future downturn, with the result the market becomes more challenging, says RLD lawyer Rafael López-Dié
CMS advised Heineken on the acquisition of a 51 per cent stake in Spain-based brewer Cervezas La Cibeles.
Majority of in-house counsel in Spain and Portugal more likely to choose firms with strong brands – meanwhile, new study shows Uría Menéndez remains top brand in Spain, while MLGTS leads in Portugal
Cuatrecasas has recruited Lisbon-based litigation partner Miguel de Almada from MLGTS.
Spain may benefit from increased numbers of international funds and high-net-worth individuals turning their attentions away from the UK due to Brexit.
Issues that need addressing include the construction contract as well as administrative issues, such as permits; meanwhile, office space and rented apartments in Spain are attracting investors.
Sector revenue grew by one-third last year, but need for online gambling operators to produce guarantees worth up to €4 million sometimes proving a barrier to entry
Uría Menéndez advised Nazca Capital on the acquisition of Spain-headquartered engineering group Terratest.
Lawyers report substantial increase in applications for cannabis production, but warn that specialised, in-depth expertise is needed due to the sensitivities involved
