The hotel and leisure industry is driving considerable deals activity in the real estate sector, with a significant number of projects underway in Madrid, says Carlos Trénor, partner at Ventura Garcés & Ló
Effective due diligence will help investors predict the likely outcomes of planning applications – meanwhile, good architects that understand the planning system are vital.
Freshfields Bruckhaus Deringer advised King Street Capital Management on the €200 million acquisition of an undisclosed majority stake in car company Moovecars.
Real estate clients are increasingly asking their legal advisers to help them search for potential deals, says Jesús Conde, real estate partner at Araoz & Rueda in Madrid.
Latham & Watkins advised solar power developer Solarpack on its €100 million share offering on the Bilbao, Madrid, Barcelona and Valencia stock markets.
Potential investment in real estate in Spain being impacted by increases in prices and the lack of good assets available at a reasonable cost.
Increased protectionism with regard to investment and trade could lead to investors in Spain becoming more cautious, lawyers warn
Araoz & Rueda advised Dermapharm on the acquisition of the Spanish herbal extract manufacturer Euromed.
Watson Farley & Williams (WFW) advised Banco Santander as arranger on the €67m bond issue by Eliantus Energy for the refinancing of ten photovoltaic plants in Spain.
