The firm’s Real Estate team has experience in every type of real estate transactions, namely in sectors such as residential, industrial, logistics, commercial, tourism and leisure.
This team has advised several national and foreign real estate developers and has participated in some investments and projects of real estate development carried out in Portugal in the past few years.
Apart from the lawyers who are permanently integrated and specialised in this area of practice, the Real Estate team comprises skilled professionals from different legal areas whenever necessary, in order to create “tailor-made” work groups to better accommodate the specificity of each project or transaction.
The team relies on a wide and recognized professional experience legally advising the following transactions:
Real estate legal due-diligences;
Structuring, developing and ongoing advising urban and real estate trans-actions;
Setting-up of real estate investment vehicles;
Real estate finance;
Real estate lettings and leasing;
Urban rehabilitation projects;
Developing and ongoing advice on tourism projects, as well as tourism facilities and equipments, leisure and sports facilities (e.g. golf courses and SPAs, etc.);
Setting-up and ongoing advice on management and operation structures and partnerships, setting-up of time–sharing and use vacation rights of tourist facilities;
Development and operation of industrial and logistics parks and other equipments;
Setting-up and ongoing advice on residential, tourism, industrial and lo-gistics condominiums.
Real Estate Development
The real estate team has experience on legal advice to real estate developments, in various real estate segments, specially, residential, industrial, logistics and tourism. The team assists their clients in all phases of real estate development, namely in the ones listed above:
Real estate legal due-diligences;
Structuring and ongoing advice on urban and real estate operations;
Real estate financing;
Drafting and negotiation of real estate contracts (construction, architectural and construction management agreements, purchase and sale, brokerage agreements, financing, guarantees, management and maintenance agreements);
Registration and regularisation of estate register;
Setting-up and ongoing advice on residential, tourism and industrial condominiums.
Real Estate Investment Vehicles
When selecting and structuring investment vehicles for a particular business or transaction, it is necessary to identify in a fully and integrated way the client’s needs and goals. The experience of the real estate team in this matter includes, among others, the following:
Setting-up of real estate companies, of all legal types, according to a strategy defined with the clients;
Real Estate Investment Funds, weighing an appropriate structure and assistance in their incorporation, duration and definition of exit strategies;
Investment structures, taking into account tax and financial objectives, which are defined according to the particularities of each investment.
Planning, Zoning, Construction and Environment
The Real Estate team has experience dealing with public authorities and private entities, with whom it relates due to urban transactions and urban planning, such as:
Urban Planning and Zoning Plans;
Evaluation of environmental impact;
Procedures of real estate merging and/or division;
Licensing procedures for urbanisation works and private construction works.
Tourism
Legal advice on the development and ongoing legal assistance of resorts, hotels, condo-hotels, residential tourism projects and other tourism facilities;
Construction and installation of golf courses, SPAs, leisure parks and other tourist leisure and sports facilities;
Setting-up and ongoing advice on management and operation structures and partnerships, notably with the most prestigious hotels brands all over the world;
Advice on grating incentives and supports for tourism investment;
Setting-up and ongoing advice on time-sharing and use vacation rights and other schemes of transmition and/or use of tourism units (“Time –sharing” and “fractional interests”).
Real Estate Finance
Bank-property finance;
Mortgages and other guarantees;
Sales and lease back transactions;
Creative and innovative financing structures, which are proposed regard-ing the financing and tax goals and defined accordingly to the peculiarity of each investment.
Real Estate Funds
Highly used and useful in large scale operations, real estate funds require adequate structuring and assistance throughout their incorporation, duration, as well as exit strategies.
Lettings and Leasing
The Real Estate team has developed a wide experience in acting for national and foreign tenants or real estate owners, in the diverse segments of the real estate market, namely residential and office spaces, industrial, logistics and tourism, including some of the most important companies in the world, from several sectors of practice (e.g. fashion, distribution, alimentation, tourism and leisure, etc.):
Legal due-diligence of leased properties;
Updating rents in old properties;
Lease agreements for residential and non residential purposes;
Use agreements for commercial areas;
Buy-to-let operations, rental pool and other rental schemes and partnerships, namely the ones that are operated by the major and world widely recognised hotel chains.
