Embodying ‘competence and strategic vision’, BonelliErede advises clients on all aspects of commercial real estate and construction. The firm is well-versed in real estate investment, with experience in portfolio acquisitions and disposals, the management of real estate funds and real estate financing. The firm also possesses expertise in construction, handling contract negotiation, project finance, tenders and dispute resolution. From Milan, corporate law specialists Alessandro Balp and Paolo Daino head the real estate and construction teams respectively. Within the team, Emanuela Da Rin
provides real estate finance support, whilst Samuel Ghizzardi supports clients with corporate real estate, leasing and development matters.
Real estate and construction in Italy
BonelliErede
Practice head(s):
Alessandro Balp; Paolo Daino
Other key lawyers:
Samuel Ghizzardi; Emanuela Da Rin
Testimonials
‘Competence and strategic vision.’
‘Experienced professionals with a 360° view that minimizes risk. This quality is really rare in legal firms to find.’
‘Very strong availability, excellent expertise in real estate.’
‘Alessandro Balp and Samuel Ghizzardi have a very constructive and comforting approach, helping to find solutions.’
‘Alessandro Balp stands out for his ability to combine an incredibly proficient technical skillset with an extremely strong commercial nous. One of the very few lawyers who commands the respect of both sides and is able to cut through to the real issues.’
‘The team stands out for its expertise and collaborative approach. One of the key strengths of this team is its ability to deliver high-quality legal services while maintaining a deep understanding of our business needs. Their combination of specialized knowledge across real estate and a client-centered approach allows them to address complex legal issues efficiently and effectively.’
‘Very strong knowledge of the real estate banking industry, allowing them to understand the needs of both the lender and the borrower.’
‘Emanuela Da Rin is extremely supportive and always present in all the phases of the transaction.’
Key clients
Amundi SGR
Azora
Blue SGR
Cassa Depositi e Prestiti
Coima SGR
Covivio
Lendlease
LVMH
London & Regional Properties
Praemia REIM
Sixth Street
Starwood Capital
Webuild
Itinera
CMC di Ravenna
Prelios
Work highlights
- Assisted Sixth Street, Starwood Capital and Prelios SGR in the acquisition of the majority share of the EUR 258 million retail portfolio of IGD SIIQ.
- Assisted Lendlease in the agreement with Equiter Infrastructure II aimed at the construction of the new scientific campus of the University of Milan, Science for Citizen, within the broader MIND project.
- Assisted Central Sicaf – active in the Italian market of self-managed fixed-asset real estate investment companies – in signing a EUR 290 million loan with a pool of banks.
Chiomenti
Based in Milan, the real estate team at Chiomenti is highly versed in real estate transactions, including corporate acquisitions and portfolio acquisitions of traditional and alternative assets. The firm assists clients with tax, finance, administrative and bankruptcy matters. It is particularly strong in the luxury hospitality sector and in urban regeneration. Tax structuring expert Giuseppe Andrea Giannantonio and real estate M&A specialist Patrizia Liguti lead the team. Umberto Borzi is a noted member of the team, as is administrative lawyer Federico Vanetti. Paolo Fedele advises on the structuring of property acquisitions and development. Alessandro Giacosa advises on sale and purchase agreements as well as lease agreements.
Practice head(s):
Giuseppe Andrea Giannantonio; Patrizia Liguti
Other key lawyers:
Umberto Borzi; Federico Vanetti; Paolo Fedele; Alessandro Giacosa
Testimonials
‘Very good negotiation skills.’
‘They have one of the most experienced partners in the industry.’
‘Great experience, deep knowledge of the market and main operators.’
‘The team is very competent and mainly composed of senior lawyers. Response time to specific queries is very good.’
‘Paolo Fedele is a recognized market leader in real estate and is able to combine a high legal profile with a very practical sense in solving issues.’
‘Team is hyper-commercial and solutions-driven. Utmost technical capabilities paired with relentless work ethic and ability to provide the client with innovative and commercial solutions to issues arising during the transaction.’
Key clients
AEW
Allianz
BNP Paribas Group
CDP Real Asset SGR S.p.A.
Coima
Covivio
Dea Capital
Generali Real Estate SGR
Hines
Intesa Sanpaolo
KKR
Kryalos SGR
Lendlease
Logistics Capital Partners
Morgan Stanley
Prelios
Savills
Kering
Work highlights
- Advising Hines and Prelios in the analysis and structuring of the acquisition by Redeus Fund, a closed real estate alternative investment fund managed, of the decommissioned Farini and San Cristoforo railway yards by FS Sistemi Urbani and in the subsequent development phase.
- Advising Kering SA in relation to the acquisition of a majority stake of the share capital of Reale Compagnia Italiana S.p.A. from an entity belonging to the Blackstone Group.
- Advising a company fully owned by an entity referrable to a sovereign wealth fund in the sale to Klépierre of RomaEst, a retail and entertainment destination in Italy.
Dentons
Dentons is a one-stop shop for investors, funds and asset managers needing assistance on investment and development transactions. The firm is experienced across a broad range of asset classes, from office and retail properties to hotels, student housing and logistics centres. Federico Sutti leads the team, advising on acquisitions and disposals of both assets and portfolios. Maria Sole Insinga is noted within the team with experience in alternative assets. Carlo Merisio and Sara Poetto are well-versed in cross-border investments.
Practice head(s):
Federico Sutti
Other key lawyers:
Mario Sole Insinga; Carlo Merisio; Sara Poetto
Testimonials
‘Federico Sutti is one of a kind in the Italian lawyers’ market.’
‘Dentons’ team covers a wide range of skills in the real estate practice with unique ability to understand clients’ needs.’
‘Maria Sole Insinga is experienced and passionate.’
‘Individuals are well prepared and willing to work. The optimal level of client care and proficiency across the spectrum of activities/services provided.’
‘Strong legal knowledge and experience – business oriented – directly involves partners.’
‘Dentons is the go-to firm for real estate players looking for sophisticated support and a comprehensive and integrated service. I would say that their real estate assistance is at an outstanding level.’
‘Maria Sole Insinga is a renowned professional, appreciated by both peers and the market. She is knowledgeable, precise and has a very practical approach, able to find creative, tailor-made solutions to client’s needs.’
‘Dentons stands out for the human and professional quality of its members, who operate with impeccable expertise and extraordinary commitment.’
Key clients
Algebris Investments
Allianz Real Estate
AXA Investment Managers – Real Assets
AXA IM Alts
Bain Capital
Barings Real Estate
BNP Paribas Real Estate Investment Management
Castello SGR
COIMA SGR
CPI Property Group
DeA Capital Real Estate SGR
Fattal Hotel Group
Fondo Pensioni per il Personale Cariplo
Fort Partners
GLP
Gruppo Ruffino
Hines
Invesco Real Estate
Invimit SGR
Invel Real Estate Partners,
Work highlights
- Advised Redeus Fund in the acquisition of the disused Farini and San Cristoforo railway yards owned by FS Sistemi Urbani, lead company of the FS Italian Railways Group’s Urban Hub.
- Advised Borio Mangiarotti in the joint venture with Bain Capital Special Situations, in partnership with Hines, concerning the investment in the ‘EXTM’ urban regeneration project for the redevelopment of the former “Trotto di San Siro” area in Milan.
- Advised BNP Paribas REIM in the sale transaction to Campari Group of the property located in Milan, Corso Europa 2, for an amount of approximately € 110 million.
Gianni & Origoni
Possessing ‘exceptional depth of knowledge, professionalism, and strategic thinking’, Gianni & Origoni supports clients with M&A, capital markets, zoning, tax, finance and environmental issues in the real estate sector. The team is spread across Milan and Rome, advising major real estate investment funds on their hospitality, healthcare, student housing and commercial assets. Development expert Domenico Tulli and the ‘brilliant’ Filippo Cecchetti lead from Rome, whilst M&A specialist Davide Braghini heads the Milan practice. Working in the Rome office, Giulia Minetti Floccari focuses on the acquisitions and disposals of real estate portfolios.
Practice head(s):
Domenico Tulli; Davide Braghini; Filippo Cecchetti
Other key lawyers:
Giulia Minetti Floccari
Testimonials
‘Filippo Cecchetti has a very strong track record and extensive market experience, great commercial and deal-making skills, with a proactive and pragmatic approach.’
‘Gianni & Origoni’s real estate team, led by Filippo Cecchetti, stands out for its exceptional depth of knowledge, professionalism, and strategic thinking in the Italian real estate market
‘Filippo Cecchetti is a great professional. He is very competent in the real estate sector and always manages to find adequate solutions on critical issues.’
‘The team I’ve worked with is very skilled and legally technical, and I love working with them because they’re very commercial too.’
‘Individuals have a client-centric approach and flexibility and show strong commitment to results, always aligned with the clients’ needs and interested in building strong, collaborative relationships. ’
‘Filippo Cecchetti is a brilliant lawyer with a team full of talent and rigour.’
‘The people in the GOP team show a constant involvement in the achievement of the customer’s goals.’
‘GOP combines exceptional legal expertise with tailored service to clients. The real estate and construction team is known for its deep industry knowledge and a proven track record across a wide range of sectors.’
Key clients
Arsenale S.p.A.
AXA
Castello SGR S.p.A.
CBE Capital
Coima SGR S.p.A.
Cromwell Property Group
Dea Capital RE SGR S.p.A.
DWS
Elliott Advisors Ltd
Generali Real Estate SGR S.p.A.
GWM
Goldman Sachs
HIG Capital
Hines Italy RE
Invel Real Estate
INVIMIT SGR
Irgenre
KPMG
Milanosesto SICAF S.p.A.
Numeria SGR S.p.A.
Work highlights
- Assisted Coima SGR S.p.A. and Redo SGR S.p.A. – Società Benefit in the Milanosesto development.
- Assisted Prelios SGR – as the management company of Megas Fund, of which the Enasarco Foundation is the shareholder – in the redevelopment and restyling project of Galleria Alberto Sordi in Rome.
- Assisted Fedrigoni in the domestic and international legal issues related to the sale of a portfolio of 16 industrial facilities in Italy, Spain and Germany.
ADVANT Nctm
ADVANT Nctm covers a wide array of real estate and construction matters for its clients, including real estate transactions, lease arrangements, urban and town planning, real estate finance and developments. The firm’s lawyers are versed in matters regarding residential housing, logistics centres, hotels and manufacturing sites. Vito Bisceglie leads the team and is experienced in transactions concerning alternative investment funds. Luigi Croce advises real estate funds, REITs, developers and companies on their investments and projects. Antonella Scarciello specialises in town planning issues.
Practice head(s):
Vito Bisceglie
Other key lawyers:
Luigi Croce; Antonella Scarciello; Rossella Vaiano; Davide Mastrangelo
Key clients
Ardian
Kryalos
Manolo Blahnik
Intercos
Hines
Cab Log
Alessandro Benetton
Red12
AXA Real Estate Investment Manager SGP
Castello SGR S.p.A.
Codess Sociale Società Cooperativa Sociale
Colisée Group
Gruppo Della Frera S.p.A.
REAM SGR S.p.A.
GSE Group
Belmond
Apex
MSC
Snam
Easybox
Work highlights
- Assisting Colliers Global Investors Italy SGR in the purchase and planning of the developments in the Ercole Marelli area, the Via Grassi area, the Novate area and the Monza area.
- Assisted ANAV Investment in relation to a significant real estate transaction involving a property complex in Milan, owned by the sovereign wealth fund of a Persian Gulf country.
- Assisting Ream SGR in relation to several matters connected with town planning development and public-private partnerships.
A&O Shearman
Following the merger between the legacy firms Allen & Overy and Shearman & Sterling LLP, A&O Shearman combines expertise in real estate financing and transactions. The term is well-equipped to handle acquisitions, joint ventures, regulatory issues, tax and town planning. It regularly advises on senior and mezzanine loans, syndicated loans and securitisation. The team is led by Andrea De Pieri, an expert on private mergers, leveraged buyouts and joint ventures; Paolo Nastasi, who advises private equity funds and real estate players; and Pietro Scarfone, who focuses on structuring and securitisation.
Practice head(s):
Andrea De Pieri; Paolo Nastasi; Pietro Scarfone
Testimonials
‘The team has a unique expertise in Italy for real estate financing being recognized as one of the leading firms. Integration with Shearman will strengthen the position of the firm on real estate equity with experienced new partners.’
‘They have expertise on complex real estate financing deals.’
‘Always helpful and supportive.’
Key clients
Anacap
BentallGreenOak
Coima SGR
Kingstreet
Kryalos SGR
Cordifin Group
Prelios SGR
Hines
Savills SGR
Castello SGR
Cheyne Capital Management LLP
Aermont Capital
Primark
The Space Cinema
Nuveen Real Estate
Starwood
Crédit Agricole CIB
TCI
ING Bank
Blackrock
Work highlights
- Advised Oaktree Capital Management, L.P. and Castello SGR on a financing of aroundEUR135 million to Grand Hotel via Veneto S.p.A., through the newly established “Lithium” fund, sponsored by funds managed by Oaktree.
- Advised an international alternative lending institution in relation to a EUR100 million financing to Castello SGR S.p.A. to support the acquisition, and in some cases the development, of eight logistics assets located in northern Italy.
- Assisted AnaCap, a specialist, lower-mid market private equity firm, in the acquisition of a majority stake in Yard REAAS S.p.A., a company in real estate consulting and integrated management of real estate services.
Belvedere & Partners
Belvedere & Partners advises national and international investors, fund managers, private equity funds, developers and landlords on real estate transactions, developments, financing, restructuring and leasing. Led by corporate real estate expert Veronica Vitiello, who joined in June 2024, the team contains noted urban planning specialist Antonio Belvedere. Matteo Peverati adds construction expertise.
Practice head(s):
Veronica Vitiello
Other key lawyers:
Antonio Belvedere; Matteo Peverati
Testimonials
‘The team is very focussed on real estate and construction matters and is able to provide the client always with appropriate and prompt advice.’
‘Lawyers are all brilliant and very good negotiators, they have strong and consolidated relationships with administrative authorities.’
‘Matteo Peverati is a superlative lawyer. He provides the client with top-quality assistance.’
Key clients
Abitare In S.p.a.
Aldi
Alnitak Srl
AQA Capital
Bluestone
CDP Cassa Depositi E Prestiti
Carlo Maresca Group S.p.a
Coima SGR S.p.a.
Eurocommercial Properties Italia S.r.l.
Euromilano S.p.a.
Findi Investment
Finint Investments SGR S.p.a.
Green Stone Sicaf
Hines Italy S.r.l.
Investire SGR
Kervis SGR
Marseglia Group
Municipality of Cassina De’ Pecchi
Prelios SGR Spa
Reale Immobili S.p.a.
Work highlights
- Assisting the Monviso Fund in the sale to Tel Aviv Investimenti of an iconic asset of approximately 5,800 sqm in the centre of Milan mainly for hotel use, managed by the Starhotels Group.
- Advised Vastint in the development project of a plot of land in Milan of 43.770 sqm., for the development of offices in the Pestagalli area in Santa Giulia.
- Advised the “FIV” fund managed by CDPI SGR for a renewed development project in Milan-Taliedo of approximately 35.056 sqm. mainly for residential development, including social housing.
DLA Piper
Strengthened by the addition of Federico Barbàra from Greenberg Traurig Santa Maria in May 2024, DLA Piper boasts expertise across the real estate and construction spectrum, with specialists in funding, investment, asset management and planning. The team is also able to draw on the firm’s international network to assist on cross-border matters. Helming the practice, Olaf Schmidt focuses on investment and tax law. Notable members of the team include transaction expert Elena Generini, planning expert Valentina Marengo and construction advisor Francesco Edoardo Ascione.
Practice head(s):
Olaf Schmidt
Other key lawyers:
Elena Generini; Valentina Marengo; Francesco Edoardo Ascione; Federico Barbàra; Carmen Chierchia; Filippo Colonna; Carlotta Benigni
Testimonials
‘A one-stop-shop able to assist throughout the whole phases of a deal.’
‘Carmen Chierchia is an outstanding lawyer that makes the difference: she has a solid legal preparation and she is a very strong litigator.’
‘Filippo Colonna is an excellent lawyer.’
‘The real estate team at DLA in Italy offers an excellent blend of expertise across various areas, ensuring comprehensive client support throughout acquisition negotiations, as well as post-acquisition management and construction management.’
‘Valentina Marengo, Carmen Chierchia and Carlotta Benigni represent excellence in the Italian landscape.’
‘Made up of highly qualified professionals, it is a cross-functional team, because it collaborates with other areas such as public law, litigation, commercial law, and M&A.’
‘The strength of this team, which distinguishes it from other law firms, is the extreme attention to client needs and responsiveness, far above average.’
‘Profound knowledge of the market practice. One can always expect an in-depth feasibility analysis on projects and practical advisory.’
Key clients
Aberdeen
Angelo Gordon
AXA
Azimut
Bain Credit
BNP Paribas
Blackstone
Brookfield
Canadian Pension Plan Investment Board
Castello SGR
Colliers
CommerzReal
Corum XL SCPI
CyrusOne
Davidson Kempner
DHL
DWS
ECE Group
EdgeConneX
Elite Partners Capital Pte. Ltd
Work highlights
- Represented Savills Investment Management as managing company of the Italian reserved real estate alternative investment fund named “LIF 2” in the acquisition of a European logistics hub with a total gross leasable area of about 165,000 square meters.
- Assisted Realty Income, as purchaser, in the sale and lease back transaction of a Decathlon real estate portfolio of 82 retail assets across five jurisdictions with a total investment value of EUR 527 million.
- Assisting the client in the acquisition of a dismissed industrial complex, previously operated by Enel, located in Segrate and additional building rights to develop a new data centre complex.
Gatti Pavesi Bianchi Ludovici
Gatti Pavesi Bianchi Ludovici supports clients across asset classes on their investments, developments, joint ventures and fund structuring. The firm is experienced in traditional and alternative asset classes, including student housing and logistics. Led from Milan, practice heads Rocco Ferrari and Guido Sagliaschi advise on corporate and portfolio acquisitions and disposals as well as litigation management.
Practice head(s):
Rocco Ferrari; Guido Sagliaschi
Other key lawyers:
Olga Mancuso
Testimonials
‘Very high standards, strong real estate team, excellent collaboration, efficient.’
‘Rocco Ferrari stands out not only in terms of specialist skills but also in terms of proactive attitude in negotiations, efficiency and problem-solving capabilities.’
‘Extremely professional and knowledgeable of the real estate sector.’
‘RE practice at GPBL is made up of great professionals and people.’
‘The ability to adapt to every client and counterpart is the greatest strength of the GPBL team, which makes our work easier and smoother.’
‘The real estate team has a really outstanding experience in all aspects of the job. Great negotiation skills and very proactive in finding solutions for asset management-related topics.’
‘All the members of the team are super reactive and it really makes the difference when you need to work with tight deadlines.’
Key clients
AEW Europe
Alderan
Amundi Real Estate Italia SGR
Artisa Group
Bain Capital
Banco BPM
BFF Bank
Blackstone Group
CBRE Global Investors
Colliers SGR
Dea Capital Real Estate
Electra Italia S.r.l.
Fondo Pensioni Personale Cariplo
Generali Real Estate
Gestioni Turistiche
Ikea
Indotek
Intesa Sanpaolo
Kering Group
Kervis SGR
Work highlights
- Advising Redo in the entry of the MilanoSesto project through the acquisition of 100% of the company MilanoSesto SpA and of the residential component of the “Unione Zero” lot from the Unione Zero Fund managed by Prelios SGR.
- Advised Intesa Sanpaolo in the provision of the bank’s real estate portfolio, with a total value of over €500 million, to investment vehicles managed by Coima SGR.
- Advising CBRE Investment Management, on behalf of a fund sponsored by the company, on the forward funding acquisition of a 16,600 sq m student housing complex, providing 448 rooms in Milan.
Greenberg Traurig Santa Maria
Standing out for its ‘exceptional expertise’, the team at Greenberg Traurig Santa Maria specialises in a broad swathe of real estate and construction matters, with particular experience in site and portfolio acquisitions. The firm is also highly knowledgeable in advising alternative real estate investment funds in portfolio management and related transactions. Practice co-head Marzio Longo advises on transactions of retail, office and logistics portfolios, whilst fellow co-head Paolo Bolis aids clients with development projects and asset management. Within the team, Gloria Molteni focuses on town planning and zoning.
Practice head(s):
Marzio Longo; Paolo Bolis
Other key lawyers:
Gloria Molteni
Testimonials
‘GT Law’s real estate and construction team excels in its pragmatic, resourceful approach to client service. What sets them apart is their ability to read situations and understand the nuances of each negotiation, adjusting their strategy to secure the best outcomes for their clients.’
‘Marzio Longo is a standout leader in the team. His vast experience and ability to navigate complex legal landscapes make him an indispensable resource in high-level negotiations.’
‘Paolo Bolis brings a dynamic and detail-oriented approach to every project. His hands-on involvement in negotiations and transactions ensures that every nuance is addressed, and his ability to adapt quickly to evolving situations adds significant value.’
‘The team stands out for its human-centred approach, focusing on crafting tailored solutions that meet clients’ specific needs. One of their key strengths is the diversity of skills within the group.’
‘Paolo Bolis is a remarkable leader, known for his strategic vision and dedication to delivering tailored solutions, making him a key differentiator in the market.’
‘This real estate law practice stands out for its exceptional expertise, combining deep industry knowledge with a client-centred approach.’
‘The individuals I’ve worked with in this practice are truly exceptional, bringing a combination of professionalism, expertise, and personal dedication that sets them apart from competitors.’
‘The team stands out for their sharp intellect, expansive network, and vast experience.’
Key clients
Weerts Logistic Parks
Starwood Capital
Carlyle Real Estate SGR S.p.A.
Deka Immobilien
MT – Manifattura Tabacchi S.p.A.
Kervis SGR S.p.A.
Aermont Capital
Bracco Real Estate
Europa Capital
UniCredit S.p.A.
DeA Capital Real Estate SGR S.p.A.
Villa d’Este S.p.A.
Aventicum Real Estate Partners Europe II Scsp
Work highlights
- Representing Villa D’Este S.p.A. in the acquisition of the Hotel Miralago of Cernobbio from a local family with a view to turning it into a 4-star hotel under Villa D’Este management.
- Representing Kervis SGR S.p.A., as the management company of the alternative investment fund denominated “KREF II”, in the acquisition of an office property located in Milano, Via Tortona 37, with a view to converting it into residential development.
K&L Gates
The lawyers at K&L Gates cover a wide range of matters in real estate construction, from construction contract negotiation and investment financing to town planning and dispute resolution. The firm is well-suited to multi-jurisdictional support, with offices based across Europe and America. Francesco Sanna, who focuses on the drafting and negotiation of investment and development contracts, spearheads the practice. Anna Amprimo brings experience in construction matters to the team.
Practice head(s):
Francesco Sanna
Other key lawyers:
Anna Amprimo
Testimonials
‘Deep experience and direct involvement of partners.’
‘Francesco Sanna is passionate, prepared and available.’
‘K&L Gates have all the competencies in real estate.’
‘Francesco Sanna is knowledgeable of real estate matters. As such, he is very proactive regarding all the potential risks and solutions.’
Key clients
Unipol
DeA Capital Real Estate SGR S.p.A.
Barings Real Estate Advisors Europe LLC
Savills Investment Management SGR S.p.A.
Invesco Real Estate Management S. à r. l.
Stonehill Group
Kryalos SGR
CBRE
Crea.Re Group
LaSalle Italia
AEW Europe S.A.
IPI
PIMCO Real Estate
Generali Real Estate
DWS
Covivio Development
Panattoni
Coima SGR S.p.A.
Vetropack
Pilkington
UBS
Work highlights
- Assisted PIMCO Real Estate in the negotiation and execution of a preliminary framework agreement for the acquisition of a portfolio of 10 assets previously leased to SDA Express Courier.
- Assisted a client regarding a financing granted by UniCredit relating to purchase price of a logistic asset located in Castel San Giovanni.
Legance - Avvocati Associati
Advising clients on corporate finance, administrative law, real estate finance, tax and fund structuring, Legance - Avvocati Associati is experienced in a range of asset classes, from retail and office sites to logistics warehouses. The team is led out of Milan by Gabriele Capecchi, who assists primary investors in acquisitions and developments, and Giuseppe Abbruzzese, who focuses on administrative law issues. Marco Mastrorosa is noted within the team for his breadth of expertise, advising on both civil and administrative issues. Alessandra Palatini is also of note, with experience in real estate transactions and knowledge of food law.
Practice head(s):
Gabriele Capecchi; Giuseppe Abbruzzese
Other key lawyers:
Marco Mastrorosa; Francesca Iannò; Alessandra Palatini
Testimonials
‘The team stands out as it integrates lawyers specializing in town planning law with those focused more on corporate finance.’
‘Giuseppe Abbruzzese has the ability to explain even the most complex topics in a simple manner.’
‘Alessandra Palatini is an exceptionally reliable coordinator who doesn’t miss even the smallest detail.’
‘The Legance team is very professional, with important knowledge and availability. They are proactive and very helpful.’
‘The firm excels in negotiations with public entities and in complex real estate operations, such as sales of strategic assets.’
Key clients
Azimut
Batipart
BNP Paribas Real Estate
Borletti Group
Cale Street Partners LLP
Castello SGR
CBRE Global Investors
COIMA SGR
Colliers Global Investors Italy
Crédit Agricole
DeA Capital Real Estate
Fabrica Immobiliare SGR
Finint SGR
Generali Italia
InvestiRE SGR
Intesa Sanpaolo
JP Morgan Asset Management
Keys REIM
Kryalos SGR
Mirastar
Work highlights
Molinari
Molinari provides ‘phenomenal’ output quality in its investment and development offering, excelling in real estate matters within the hotels sector. The firm advises clients on investment transactions, financing, joint ventures and development projects. Led by transaction expert Alessandro De Botton, the ‘very competent’, Milan-based team also contains Marco Laviano, a specialist in the retail, office, logistics and hospitality sectors. Ciro Di Palma advises RE funds, investors and developers from across the globe on their transactions and projects.
Practice head(s):
Alessandro de Botton
Other key lawyers:
Marco Laviano; Ciro Di Palma; Francesco Manghisi
Testimonials
‘The output quality is phenomenal; the firm covers the whole spectrum of practice that you need as a real estate investor.’
‘Alessandro de Botton and Marco Laviano lead a very competent team of professionals who are 100% committed to the deals they’re working on.’
‘Top notch people, flexibility and know-how.’
‘Team’s seniority is well balanced in order to cover the right level of support.’
‘Alessandro de Botton and Francesco Manghisi are exemplary professionals, qualified and available.’
‘Outstanding knowledge of the legal matters at hand. Mindset toward facilitating the negotiation and fully oriented to proper execution.’
‘High reactivity, partner always involved.’
‘Very good relationship with the players in the market that allow them to be always recognized as top performers as professionals in their field.’
Key clients
Blackstone Group
Finanziaria Internazionale Investments SGR
Coima SGR
Prelios SGR
Barings
Art Invest
Kryalos SGR
PGIM Real Estate
AEW
VGP Costruzioni
Banco BPM
Patron Capital
Hines Italia
Gardaland
Conserva
Ribes
Visaco
Interporto Regionale della Puglia
BNP Paribas REIM
PineBridge Investments
Generali Real Estate
Work highlights
- Advised Coima SGR on the investment in three properties in Rome.
- Advised Patron Capital in the establishment of a €150m JV to seek development opportunities in the residential sector in Rome as well as in the first deal of the JV.
- Advised Banco BPM on the sale to Fattal Hotels Italy of the 4-star Hotel Cicerone in Rome.
Studio Legale Padovan
Excelling in both contentious and non-contentious construction issues, Studio Legale Padovan represents contractors and developers in arbitrations and civil and criminal proceedings concerning their construction projects. The firm is well-versed in international infrastructure projects within the rail and energy sectors. The team also contains experts in the field of public procurement. The team is overseen by Marco Padovan out of Milan, who advises multinational corporations, investment funds and merchant banks. Within the team, Michele Bonomini advises on real estate transactions and construction contracts.
Practice head(s):
Marco Padovan
Other key lawyers:
Michele Bonomini
Testimonials
‘Consistent, effective and continuous team member presence.’
‘Marco Padovan is a leading lawyer in cross-border complex transactions.’
‘Marco Padovan is a truly exceptional and impressive lawyer.’
Key clients
Webuild S.p.A.
Salcef S.p.A.
Work highlights
- Assisting a client with the negotiation and drafting of two settlement agreements with a primary subcontractor after which the client served two notices of contract termination in connection with international projects in Africa and South Asia.
- Assisting a construction company with a legal assessment of certain claims issued in the context of a number of different projects on which the client is acting as a contractor.
SI - Studio Inzaghi
Formed in January 2024 following the demerger of Belvedere Inzaghi & Partners, real estate boutique SI - Studio Inzaghi provides comprehensive support to clients. The firm assists clients with investment transactions, development projects and urban regeneration schemes. The firm is also particularly knowledgeable of matters concerning hotel and residential assets. The team is led by Guido Inzaghi, who is a specialist in urban regeneration, planning and zoning law. Within the team, Ivana Magistrelli advises both landlords and tenants in sale and leaseback matters, whilst Silvia Gnocco focuses on town planning and construction.
Practice head(s):
Guido Inzaghi
Other key lawyers:
Silvia Gnocco; Ivana Magistrelli
Testimonials
‘Studio Inzaghi is made up of highly skilled, quick, and efficient professionals. They have top-tier expertise in the real estate sector.’
‘Guido Inzaghi is a leading figure in Italian real estate. Although he specializes in urban planning and construction, he approaches every project with a comprehensive view.’
‘Silvia Gnocco has extensive knowledge of Italian public law, yet she always maintains a practical approach, focusing on the client.’
Key clients
Savills Investment Management Sgr S.P.A.
HINES Italy S.R.L.
Risanamento S.P.A.
Coima Sgr S.P.A.
Dea Capital Sgr Spa
Cromwell Property Group
Oaktree Capital Management
Immofinanz
Invimit – Investimenti Immobiliari Italiani Sgr S.p.A
Axa Real Estate Investment Sgp
Supernova
Domo Media
Statkraft
Kervis Sgr
Develog
Investire Sgr Spa
Prelios Sgr Spa
Kryalos Sgr
CDP Cassa Depositi e Prestiti
SOGEMI S.p.A.
Work highlights
- Assisting the Porta Romana Real Estate Investment Fund in redeveloping a 190,000 sqm disused railway yard, securing approvals for 164,000 sqm construction, obtaining building permits for the Milan-Cortina 2026 Olympic Village, and negotiating its post-Olympic transition to student housing in collaboration.
- Assists Hines in regenerating the former Falck areas in Sesto San Giovanni through the Unione 0 Real Estate Fund.
- Assisted the Risanamento Group with the 1,200,000 sqm Milano Santa Giulia urban development, including modifying town planning regulations, negotiating agreements with the Municipality, and authorizing the Palaitalia event facility for the 2026 Winter Olympics.
Bertacco Recla & Partners
A specialist firm in the real estate and construction sector, Bertacco Recla & Partners advises clients on investment and development matters across Italy. The firm advises on site and portfolio transactions, urban regeneration and commercial leasing. The team is led out of Milan by Paolo Bertacco, an urban planning and construction expert, and Francesca Tresoldi, a specialist in real estate transactions.
Practice head(s):
Paolo Bertacco; Francesca Tresoldi
Testimonials
‘The team is highly competent and experienced across various areas of real estate and construction law.’
‘The individuals are professional and clear in their responses.’
‘They are very well known as lawyers specializing in real estate and construction. ’
Key clients
WIIS Italy SICAF S.p.A.
Die Italy SICAF S.p.A.
Invesco Real Estate Management S.àr.l.
Fondazione Fiera Milano
Chorus Life S.p.A.
Savills Investment Management SGR S.p.A.
Work highlights
- Assisted WIIS Italy Sicaf S.p.A. in the purchase of an office building in Rome for a value of EUR 280 million.
- Assisted Invesco Real Estate on the acquisition of 2 areas located in the north of Italy for the development of a logistic complex.
- Assists Fondazione Fiera Milano in the real estate development of a new hotel in Milan, near the Allianz MiCo Congress Centre and continuing the redevelopment of the city’s former Trade Fair Centre area.
Clifford Chance
Clifford Chance regularly advises international investors on their entry into the Italian market, through direct and indirect investments. The firm is additionally well-versed in development, construction, debt finance and restructuring matters. Claudio Cerabolini spearheads the team and advises funds and financial sponsors on real estate transactions. Within the team, Angela Benincasa supports clients with real estate portfolio sales and construction management.
Practice head(s):
Claudio Cerabolini
Other key lawyers:
Angela Benincasa
Key clients
Angelo Gordon
Brookfield
Klépierre
Coima
Generali
Goldman Sachs
Kryalos
Work highlights
- Assisted Klépierre in the acquisition of the 100% stake of Gemma S.r.l., the company owning the ‘Roma Est’ complex, one of the largest shopping centres in Italy located in Rome.
- Assisting Data4 in relation to the acquisition of a plot of land located in the municipality of Vittuone, province of Milan, for the purpose of developing a data centre complex having 100 MW of power.
- Assisted real estate advisor and asset manager Stoneweg, and its strategic shareholder Icona Capital, on Stoneweg’s acquisition of Cromwell Property Group’s European management business, with a total of €3.9 billion of real estate AUM.
Jones Day
Advising on financing and acquisitions matters for banks and investors, Jones Day is experienced in a wide range of asset classes, including logistics, healthcare, senior living, retail and hospitality. The firm is also versed in real estate asset securitisation transactions. The team is led by Paolo Foppiani, who is experienced in sales, leasing and developments. Silvia Beggiato advises on development and construction matters.
Practice head(s):
Paolo Foppiani
Other key lawyers:
Silvia Beggiato; Maryana Todyrenchuk; Neil De Biase
Testimonials
‘The team is always aware and has a very commercial view of transactions.’
‘Paolo Foppiani and Neil De Biase are really good partners with personal skills and competence in healthcare.’
‘Excellent, diverse and fast team of specialists.’
‘Paolo Foppiani and Maryana Todyrenchuk are top specialists who render fast and competent value and service.’
‘Flexible team with strong expertise.’
‘Paolo Foppiani and Maryana Todyrenchuk are able to cover a broad range of different real estate transactions with a strong expertise also in the healthcare sector.’
‘The team is very efficient, with no delays and very good output quality.’
Key clients
Euryale Asset Management S.A.
SCPI Pierval Santé
Praemia REIM
Swiss Life Asset Managers France
Stellantis NV
Invesco Ltd.
Fingen S.p.A.
Logicor
Sanofi
illimity Bank S.p.A.
UniCredit S.p.A.
ING Capital LLC
Credit Agricole CIB Milan
LaSalle Investment Management
Natixis
Samsung Electronics Italy
BNP Paribas IM
Société Générale S.A.
UHG BV
Work highlights
- Assisted Logicor and Kryalos with the drafting and negotiation of the contractual documentation for the acquisition of a vast piece of land in Gaggiano, on the outskirts of Milan, for the creation of a logistics park.
- Advised Swiss Life Asset Managers S.A. on the acquisition, through its Italian AIF “EHCF Italia”, of two healthcare clinics, located in Occhiobello and Varese.
- Advised BNP Paribas Real Estate Investment Management Italy SGR S.p.A. on the acquisition of a senior nursing home located in Grado (Trieste) and its subsequent lease to Universiis in the context of a three-party negotiation with the original developer of the clinic.
LCA Studio Legale
LCA Studio Legale advises clients across the real estate and construction sector, assisting with development projects, contract negotiation and real estate financing. When necessary, the firm is also experienced in real estate litigation and arbitration. Barbara de Muro leads the team and focuses on property sales and purchases, lease agreements and development transactions. Alessandro Titone was promoted to partner in January 2024, and in April 2024, Orsola Torrani joined the team.
Practice head(s):
Barbara de Muro
Other key lawyers:
Benedetta Mussini; Andrea Marani; Giangiacomo Rocco; Carmen Leo
Testimonials
‘LCA welcomes clients in a truly unique environment. The team is always ready to support clients in their choices by highlighting risks and benefits.’
‘Barbara De Muro has always been able to gather around her colleagues not only with the right skills but who are also already very much tuned in.’
‘Barbara De Muro is probably the only lawyer I met during my entire professional life who has always demonstrated a strong capability in understanding any topic from a business management standpoint.’
‘Always available to support any issue with the right level of competence.’
‘Efficient in closeout activities and in managing relationships with other parties.’
‘The firm stands out for innovation (particularly in the realm of AI).’
‘Barbara De Muro gives special care in analysis of the business and in appropriately staffing the teams.’
Key clients
Arborea Living il Belvedere S.r.l.
Bell Group S.r.l.
Bluestone Salomone S.r.l.
CDS Holding S.p.A.
C.M.B. Cooperativa Muratori e Braccianti di Carpi
Furla S.p.A.
Generali Real Estate SGR S.p.A.
Invimit SGR S.p.A.
Lendlease Infrastructure S.r.l.
Maghen Capital S.p.A.
Molino del Ponte
Nhood Service Italy S.p.A.
Progroup Board S.r.l.
Torino Soc. Cons. a r.l.
Work highlights
- Advising Ospedal Grando S.r.l. and Lendlease Infrastructure (Italy) S.p.a. on the €1.15 billion project financing for the design, construction and management of the Cittadella Sanitaria at Treviso Hospital.
- Assisted Academo S.r.l. with the €450 million project financing of the new science campus of the State University of Milan.
- Advised Torino Soc. Cons. S.r.l. on the contract for the €263 million construction of the new headquarters of the Piedmont Region and on subsequent variations.
Osborne Clarke
Well-versed in construction and development matters, Osborne Clarke regularly advises clients on urban regeneration and infrastructure projects, with a focus on sustainable and energy-saving models. The firm also advises clients on investment transactions in a wide range of asset classes, including hospitality and logistics hub matters. Simone Monesi, an expert in tech, regulatory and financial issues affecting real estate, and Sara Miglioli, who advises on corporate and commercial real estate, lead the team.
Practice head(s):
Simone Monesi; Sara Miglioli
Other key lawyers:
Roberto Salis
Testimonials
‘Empathy and capability.’
‘The team is well composed with the right mix of seniority. The senior lawyers have a deep knowledge of the relevant real estate topics and are able to strongly support the client in both the due diligence process and negotiation of the contractual documentation. They are also very pleasant people which helps working together.’
‘Roberto Salis and Simone Monesi are two great professionals, always ready to advise the client with appropriate and very prompt feedback.’
Key clients
AEGIDE Milano Vivarini S.r.l.
AKNO Group
CloudHQ LLC.
Costim S.r.l.
DeA Capital SGR S.p.A
Habona Invest GmbH
Pareus S.r.l.
Industrie De Nora S.p.A.
Klépierre Management S.r.l.
RI Infrastrutture S.r.l.
RI Ambiente S.r.l.
Mirastar
KKR
NewCold Cooperatief U.A.
Ruby Hotels GmbH
Savills Investment Managers SGR S.p.A.
UCI Cinemas
Zurich Insurance Group
Work highlights
- Advising CloudHQ, a San Francisco-based developer, on a 54-acre data centre in Italy, to be leased to leading high-tech companies.
- Advising Costim on the innovative smart district project Chorus Life Bergamo and on a project for the development of a new marina in Pietra Ligure.
- Advising sustainable tech manufacturer Industrie DeNora S.p.A. on its “Italian GigaFactory” project.
PedersoliGattai
Following its creation by merger at the start of 2024, PedersoliGattai regularly advises both sides of real estate investment transactions, with investors, asset managers, real estate companies and developers as clients. The firm is experienced in a wide range of asset classes, including residential, commercial, logistics and mixed-use. The team is led by Andrea Francesco Castelli, who assists large private equity and institutional investors. Federica Baccigalupi is a notable member of the team with a large amount of corporate and commercial law experience.
Practice head(s):
Andrea Francesco Castelli
Other key lawyers:
Federica Baccigalupi
Testimonials
‘Young team, very dynamic, with exceptional, market-oriented approach and negotiation skills.’
‘Very good negotiation skills, we fully trust in the team’s capabilities.’
‘The RE team is young, but has extensive experience and they are on the most relevant Italian transactions. The team is well balanced and they can offer all the services for a RE investor.’
‘Andrea Castelli and Federica Baccigalupi are a fantastic duo in the market.’
‘The team and firm in our experience has a rare gravitas amongst senior industry professionals that provides a rare confidence to clients that they are being assisted and represented by true experts in their field.’
‘The individuals we have dealt with at PedersoliGattai have an exceptional and superior understanding of not only the law relating to real estate and construction but critically its application in case law and in actual litigation.’
‘Federica Baccigalupi possesses exceptional commercial and practical understanding of relevant law and its effect.’
‘PedersoliGattai is an exceptionally strong firm known for its ability to handle very complex transactions with remarkable skill.’
Key clients
Ardian
Armani Group
Blackstone
Campari Group
Cassa Depositi e Prestiti
Clessidra SGR
DoveVivo
Generali Real Estate
Global Logistic Properties
Hines
Intesa Sanpaolo
Investire SGR
Kervis SGR
Kryalos sgr
Landlease
Prelios SGR
Savills
TPG Angelo Gordon
Work highlights
- Advised Blackstone in the sale to Kering of a mixed-use building in Milan, via Montenapoleone, against a consideration of approx. euro 1.3bn.
- Advised GLP in the acquisition of a large greenfield in the Piedmont Region, its development into a Grade-A 70,000 sqm warehouse and the relevant letting to a primary operator.
- Advised ARDIAN in its first investment in residential properties in Europe through the acquisition of a prime building in Milan to be redeveloped into a luxury residential property and in the set-up of a new real estate fund to that end.
Simmons & Simmons
Simmons & Simmons advises clients across all issues in the commercial real estate space, with expertise in acquisitions, administrative law, tax, funding, investment funds and litigation. Its asset class expertise includes office, retail, residential, hotels and logistics sites and portfolios. The team’s practice heads are Dario Spinella, who specialises in corporate real estate, private equity and reorganisations, and Emanuela Molinaro, who is well-versed in construction law. Christian Turotti boasts a broad practice of advice in asset and portfolio transactions, lease arrangements, financing and development projects.
Practice head(s):
Dario Spinella; Emanuela Molinaro
Other key lawyers:
Christian Turotti; Enrico Stefanelli
Testimonials
‘Simmons & Simmons’ real estate team has an unparalleled understanding of the real estate industry and its principal stakeholders. This expertise, fused with a strategic business-oriented approach, exceptional navigational skills in complex scenarios, and swift responsiveness renders Simmons & Simmons’ support indispensable to its clients.’
‘Emanuela Molinaro’s pragmatic approach, sharpened by her vast experience in the real estate sector, guarantees top-tier service. Her standout feature is her keen commercial insight paired with profound proactivity and kindness.’
‘Enrico Stefanelli and Christian Turotti’s analytical and empathetic approaches to problem-solving allow them to dissect complex issues and identify the core elements that need addressing.’
‘Motivated and flexible; really client oriented.’
‘Very strong team with an extremely commercial approach and able to provide solutions for issues.’
‘Both Emanuela Molinaro and the involved associates, Enrico Stefanelli and Christian Turotti, have a great experience in the field, being able to manage complex transactions with a strong commercial approach.’
Key clients
Auchan Group
Crédit Agricole Vita
Colony Capital Inc.
BNP Paribas REIM
Generali Group
Carrefour Group
Marconi Group
Prelios SGR
Monarch Capital Partners
Meininger Hotels group
DeA Capital Real Estate SGR
AON
Rothschild
Apollo Management International LLP
Eurospin Group
IGD SIIQ
Quinta Capital SGR
Genesis REAM
Danube Group
Work highlights
- Advised Sistemi Urbani on the EUR500 million sale of real estate assets, structuring a tender which involved major players in the Italian and international real estate market.
- Assisted Immobiliare Grande Distribuzione SIIQ with the EUR258 million sale of 13 retail assets to global investment companies Sixth Street and Starwood Capital.
- Assisted BNP Paribas Group – Immobiliare Dinamico Fund with the EUR200 million disposal of its entire remaining real estate portfolio, comprising 20 commercial assets which included shopping centres and an office building.
Ashurst
Boasting cross-border capabilities and specialist knowledge in Italian real estate, Ashurst assists investors, developers and financial backers in single asset and portfolio transactions. The team contains expertise in investment vehicles, securitisation and structured finance transactions. The team is led by Andrea Caputo, who is well-versed in office, residential, logistic and retail assets, and Mario Lisanti, an adviser to lenders and borrowers.
Practice head(s):
Andrea Caputo; Mario Lisanti
Testimonials
‘The team is very capable, cohesive and swift. The overview of the partner is always there and ensures a smooth execution.’
‘Andrea Caputo is very practical and goes straight to the point always with a commercial solution in mind.’
‘Young team, very dynamic, with exceptional market-oriented approach and negotiation skills.’
‘Great professionals, very engaging, and nice to work with!’
‘Everyone involved is of the highest calibre as a professional and as a person.’
‘The team is small but very efficient and aligned between them, making our job easier.’
‘The team is young, smart, and up to date, yet maintains a high level of responsiveness and professionalism. Despite dealing with tricky and complex matters, they excel at making everything easy to understand.’
‘Andrea Caputo is an outstanding professional with a perfect blend of empathy and a commercial approach.’
Key clients
Ardian
Azimut Libera Impresa SGR
Barings
BNPP REIM
Castello SGR
Cheyne Capital
DeA Capital RE SGR
Hines
Invesco
Prelios SGR
Savills IM SGR
Tritax Eurobox
Work highlights
- Advised Barings, which acted through a real estate investment fund managed by Savills IM SGR, on the purchase of land in Balocco and on the agreements for the development of a logistics complex on it with a local developer.
- Advised DeA Capital RE SGR, as the management company of the “Gamma” fund, on all phases of the redevelopment of Palazzo Missori, in the centre of Milan, including capex financing and the leasing of the real estate units, used for various purposes, to prestigious operators.
- Advised an international investor on the sale of the stand-alone building located in Milan, via Tortona 37 that will be reconverted from office to residential, to Kervis SGR S.p.A., as management company of the “KREF II” fund.
Studio Professionale Associato a Baker & McKenzie
Studio Professionale Associato a Baker & McKenzie advises clients on cross-border commercial real estate, with particular strength in sales and acquisitions of assets in the hotel industry. Drafting and negotiation of construction agreements is another sector strength for the team. Leading the team, Pietro Bernasconi supports investors in their acquisitions, and Rita Marchetti specialises in development projects.
Practice head(s):
Pietro Bernasconi; Rita Marchetti
Other key lawyers:
Francesca Montefusco
Key clients
Statuto Group
Mandarin Oriental Hotel
Analog Devices, Inc.
Work highlights
- Advised Statuto Group, owner of luxury hotels, on the signing of binding agreements for the acquisition of Mandarin Oriental Paris.
- Advised Statuto Group on the acquisition of Six Senses Rome, a 96-room luxury hotel recently opened in the capital.
- Advised Statuto Group on the acquisition of a property in Cadenabbia, Como to be converted into an ultra-luxury hotel.
Cappelli Riolo Calderaro Crisostomo Del Din & Partners
Well-versed in real estate investment work, Cappelli Riolo Calderaro Crisostomo Del Din & Partners supports clients in direct and indirect transactions of a wide range of assets, from logistics to shopping centres to student housing. The firm is also experienced in structured finance relating to real estate assets. Alberto Del Din, an expert in tax, regulatory, corporate and contractual law, leads the team alongside Alessandro Vespa, a specialist in acquisitions and disposals of real estate portfolios. Veronica Vitiello departed the practice in December 2023.
Practice head(s):
Alberto Del Din; Alessandro Vespa
Other key lawyers:
Isabella Fascì
Testimonials
‘The team is extremely knowledgeable, always available, and demonstrates an excellent understanding of both commercial dynamics and the real estate sector. Their expertise and responsiveness have been invaluable, making collaboration seamless and effective.’
‘Alessandro Vespa, with the support of Isabella Fascì, consistently provides the assistance needed and skillfully manages complex transactions. Their professionalism and expertise ensure smooth and successful outcomes.’
‘Very collaborative, market- and client-oriented, find solutions and do not create problems.’
‘Alessandro Vespa is the main point of contact.’
‘They are clever, always available and very professional.’
Key clients
Hines
Blue SGR
PRELIOS S.G.R. S.p.A.
Torre SGR
CDP Immobiliare
York Capital Management
Reale Immobili
Impreme S.p.A.
Kryalos SGR S.p.A.
CDPI SGR S.p.A.
FCMA S.r.l.
Green Stone SICAF S.p.A.
Europa Investimenti S.p.A.
Arrow Global
Work highlights
Curtis, Mallet-Prevost, Colt & Mosle
UK and US clients regularly instruct Curtis, Mallet-Prevost, Colt & Mosle LLP on investment and development matters, including portfolio transactions and the establishment of joint ventures. The firm also advises clients on lease agreements, real estate financing and litigation. Sergio Esposito Farber is the head of the Rome-based team and is at home advising multinational corporations, state-owned entities and international investment funds.
Practice head(s):
Sergio Esposito Farber
Other key lawyers:
Carmine Gravina
Testimonials
‘Strong real estate team with a quite pragmatic approach to problem-solving.’
‘Very good service, high-quality work. They make it very easy to do business in Italy.’
‘Sergio Esposito Farber is an excellent attorney.’
Key clients
Fabrica Immobiliare SGR S.p.A.
Colony Capital Investment Management
Centro Alimentare Maddalene S.p.A.
Digital Bridge Group
Fortress Investment Group
Work highlights
- Advised Cicerone, one of the real estate investment funds managed by Fabrica Immobiliare SGR S.p.A. in the purchase of a real estate property located in Rome at Via Barberini.
- Advised Fortress Luxembourg entities in the restructuring of a vendor loan agreement executed with Intesa Sanpaolo S.p.A., as seller of the units issued by a real estate closed-end alternative investment fund named “Armonia”.
- Advised Centro Alimentare Maddalene S.p.A. in the negotiation of procurement and ancillary contracts to set up a fully-automated, cashier-less supermarket.
Hogan Lovells International LLP
Hogan Lovells International LLP boasts strength in the hospitality sector, assisting clients in direct and indirect acquisitions of hotels and hotel portfolios. The firm is also well-versed in leasing, portfolio management and development issues. Practice head Marco Rota Candiani advises on M&A transactions, joint ventures and strategic alliances. Maria Deledda assists clients with regulatory concerns in relation to transactions and development projects.
Practice head(s):
Marco Rota Candiani
Other key lawyers:
Maria Deledda
Testimonials
‘Very experienced team, highly professional and motivated.’
‘Individuals are well prepared and willing to work. Optimal levels of client care and proficiency.’
Key clients
Invesco
Sol Melià
Work highlights
Linklaters Studio Legale Associato
Linklaters Studio Legale Associato supports private equity funds, investment managers, institutional developers and corporate occupiers. The firm is particularly well-versed in advising clients on the sale and leaseback of a wide range of assets. The team is led by Francesco De Blasio, who advises on portfolio acquisitions and investment structures. Within the team, Francesco Calabria specialises in lease agreement support.
Practice head(s):
Francesco De Blasio
Other key lawyers:
Francesco Calabria
Testimonials
‘Very strong team with excellent knowledge of the market and good commercial sense.’
‘Both partner and associate very hands-on and proactive.’
‘The team is pragmatic, solution-oriented, very proactive, fast and easily accessible. They are well prepared, detail-oriented and efficient.’
‘Francesco De Blasio and Francesco Calabria have a business approach to transactions, but do not lose sight of risks and try to hedge them as best as possible.’
‘High-level legal skills combined with a deep knowledge of the market and the logic behind real estate transactions.’
‘Francesco De Blasio and Francesco Calabria are professionals capable of making a difference thanks to both their in-depth knowledge of the market and the law.’
‘The team knew the industry very well which helped us greatly with our deal from start to finish. That coupled with hard work and perseverance is what set Linklaters apart from competitors.’
‘Strong and consolidated real estate expertise in Italy on different asset classes, transactions and leasing.’
Key clients
Bain Capital Credit
Boreal IM & Cadillac Fairview
Cromwell Investment Luxembourg S.à.r.l.
Investire Società di Gestione del Risparmio S.p.A.
Kervis SGR S.p.A.
Kryalos SGR S.p.A.
Neinver Group
Nuveen Real Estate
Omnam Group
PGIM Real Estate
Prelios Società di Gestione del Risparmio S.p.A.
Prologis
Savills SGR
Scannell
W.P. Carey
Work highlights
- Advised on the acquisition of a property located in Rome, Via delle Vergini 18-21, to be converted into a hotel, from DeA Capital Real Estate SGR S.p.A., as management of the real estate alternative investment fund “Fondo Trophy Value Added”, and in setting up the real estate alternative investment fund denominated “Comet”, managed by Kryalos SGR S.p.A.
- Assisted with a new sale and leaseback transaction for the acquisition and subsequent lease of a number of industrial properties located in Germany, Spain and Italy, valued at €280m.
- Assisted in relation to the joint venture with Cittamoderna to invest and deliver residential properties in major cities across Italy.
Nunziante Magrone
Assisting clients with leasing, construction and development matters, Nunziante Magrone is well-versed in the hospitality sector, seeing particular growth in matters concerning the acquisition of small hotels. The firm is also experienced in dispute resolution matters, including arbitration. The team’s practice head, Ruben Pescara, advises on real estate acquisitions and leasing negotiations.
Practice head(s):
Ruben Pescara
Other key lawyers:
Milena Linguanti
Testimonials
‘Deep knowledge of real estate matters. Always responsive and collaborative.’
‘Extremely competent. Able to explain complex legal issues in a simple way even to non-lawyers.’
‘The team I collaborated with is present, available and competent. The team has shown attention to innovating our formats and adapting them to new market needs.’
Key clients
numa group GmbH
Ski-Deal Ltd
WIPAK Bordi S.r.l.
Tally Weijl Italia S.r.l.
Miscusi S.r.l. società benefit
Jollibee
Room Mate Hotels
Residenze Porta Nuova S.r.l.
Grup Padrosa S.L.
Vault Home Collection
Andante Hospitality Management GmbH
Lendlease Italy SGR S.p.A.
Work highlights
Bird & Bird
‘Able to find specific solutions in a timely manner’, the team at Bird & Bird draws on experts from its numerous departments to enhance its advice, with specialists in corporate, finance, regulatory, public and tax law. The team is particularly skilled in the structuring of investment vehicles. Splitting her time between Milan and Rome, Antonella Ceschi leads the team and specialises in the development of retail, logistics and hotel assets.
Practice head(s):
Antonella Ceschi
Other key lawyers:
Pierpaolo Mastromarini; Michele Arruzzolo
Testimonials
‘The team is always able to find specific solutions in a timely manner.’
‘Pierpaolo Mastromarini and Michele Arruzzolo have a business-oriented approach and always provide specific support to the deal.’
Key clients
APRC
Banca Monte dei Paschi di Siena
Bricoman Italia
Equinix
Eurofund Group
Glovo
Immobiliare Novoli
InvestiRE SGR
Leroy Merlin Italia
MPS Capital Services Banca per le Imprese
Satispay
Tecnomat
TooGoodToGo
Kiko
Kryalos
DXC
Work highlights
- Assisting the joint venture between Signal Capital Partners and Eurofund Group in the acquisition of 100% of the shares of Parcor – the owner of the Parma Promenade shopping centre – from C-Holding.
- Assisting the Italian alternative investment fund manager ‘AIFM’ Polis SGR, in the structuring, set-up and launch of the Italian real estate alternative investment fund ‘AIF’ reserved for professional investors.
- Assisting a tobacco multinational in the urbanistic procedure necessary to expand its existing main factory in Europe, located in Italy.
CMS
CMS assists institutional investment funds, banks, hoteliers, retailers and developers with real estate transactions, financing and funds. It also possesses a high degree of knowledge of construction contracts. The Rome-based Marco Casasole, who advises on cross-border transactions, and Milan-based Dietmar Zischg, an advisor to investment funds, lead the team.
Practice head(s):
Marco Casasole; Dietmar Zischg
Testimonials
‘Always available and working to finalize transactions. Highly responsive to customer needs with a strong orientation not only to the domestic but also to the European market.’
‘Incredible personal relationships are established with almost all the individuals involved in the transaction by the law firm.’
Work highlights
COCUZZA
‘A very expert and qualified team’, COCUZZA advises clients on development projects as well as the leasing and licensing of commercial properties for luxury and retail asset holders. The team is led by Claudio Cocuzza, who is well-versed in advising domestic and international clients on Italian and cross-border investments and developments.
Practice head(s):
Claudio Cocuzza
Other key lawyers:
Lorenzo Fabbri; Giulia Comparini; Alessandro Barzaghi
Testimonials
‘Multipractice law firm, very strong recognition in the retail and real estate sectors. Proactive and flexible teams, business oriented, with renowned partners.’
‘Alessandro Barzaghi is a great human being and professional, humble but with huge experience in his fields, also at international level.’
‘It is a very expert and qualified team.’
Key clients
PVH Corporation
Work highlights
De Berti Jacchia Franchini Forlani
Specialising in real estate transactions, the team at De Berti Jacchia Franchini Forlani advises clients on a wide range of matters, including investments, financing, asset management and construction. The team is spearheaded from Milan and Rome respectively by M&A specialist Barbara Calza and administrative law expert Antonella Terranova.
Practice head(s):
Barbara Calza; Antonella Terranova
Key clients
Algardi Immobiliare Srl
Ice Snei SpA
Inter Ikea Group
Mitsubishi Chemical Advanced Materials
Outokumpu
Rolex Italia Spa
Sts Alpresor Ab
Work highlights
- Assisting companies of the AB Volvo Group with rental agreements and arrangements related to real estate used in Italy to carry out their activities.
- Assisted a Swedish private client in purchasing a luxury villa on the Riviera at Punta Chiappa.
- Assisted Association Columbus Srl in bankruptcy against Lazio Region, Fondazione Policlinico Universitario A. Gemelli IRCCS, and the Ministry of Health in the annulment of a court order regarding the destination of the Columbus Hospital for the sole treatment of Covid 19 patients.
Deloitte Legal Italy -Società tra Avvocati a r.l.
Deloitte Legal Italy -Società tra Avvocati a r.l. is experienced in the hotels sector, advising clients on sizable portfolio sales and acquisitions. The firm assists clients more broadly on tax, employment and regulatory issues within the real estate sector. The team is overseen from Rome by Emiliano Russo, an expert in the hotels sector, and from Milan by Giorgio Mariani, who focuses on distressed M&A.
Practice head(s):
Emiliano Russo; Giorgio Mariani
Testimonials
‘Globally connected, fast and hands-on mentality. Multi-disciplinary services with other professionals like tax or financial advisory experts.’
Key clients
Amapa Group
Work highlights
Eversheds Sutherland Associazione Professionale
Eversheds Sutherland Associazione Professionale covers the gamut of real estate and construction matters, with experience in sale and leasebacks, site purchases and financing. The team possesses knowledge of student housing, office and data centre assets. Benedetta Amisano, who joined from Carnelutti Studio Legale Associato in March 2024, runs the team.
Practice head(s):
Benedetta Amisano
Testimonials
‘The Eversheds real estate team is very responsive, approachable and commercial. They make themselves available to a key UK client and provide all their advice in English, allowing for easy onward internal transmission of advice to key stakeholders.’
‘The arrival of Benedetta Amisano as head of the real estate practice makes Eversheds a very credible player in the legal real estate Italian market.’
‘Benedetta Amisano is a recognized top-class real estate lawyer, a true reference in the Italian market.’
Work highlights
Gitti and Partners
Gitti and Partners supports clients in a wide array of matters, including asset and portfolio transactions, planning, financing, leasing and environmental matters. It is well-versed in forward purchases and the structuring of investment vehicles. The practice is headed by corporate real estate experts Carlo Andrea Bruno and Stefano Roncoroni.
Practice head(s):
Carlo Andrea Bruno; Stefano Roncoroni
Testimonials
‘Very comprehensive coverage of real estate.’
‘Stefano Roncoroni has a very strong track record and extensive knowledge of the real estate sector, with a very pragmatic and commercial approach.’
‘Gitti & Partners are very flexible, able to put together at short notice teams of any size with different specializations. ’
Key clients
AXA IM Alts
‘LFPI’ Group
H.I.G. European Capital Partners
Bayview Group Italia
CBRE Investment Management
Kryalos SGR S.p.A.
COIMA SGR S.p.A.
Castello SGR S.p.A.
NAMIRA SGR S.p.A.
EQT Partners
Investire SGR S.p.A.
Apollo Management International LLP
M&G Real Estate
Red Circle Investment S.r.l.
Agrifarma| S.p.A.
Perial Group
AMCO S.p.A.
iAM Capital
Dea Capital Sgr S.p.A.
JLL
Work highlights
Withers Studio Legale
Based in Milan and Padua, the team at Withers Studio Legale advises HNW individuals, entrepreneurs and family businesses on real estate acquisitions, financing and structuring. The team is led by Roberta Crivellaro, who regularly advises foreign investors on the purchase of large holiday homes, and Mattia Biasi, who is well-versed in commercial lease agreements in the wine industry.
Practice head(s):
Roberta Crivellaro; Mattia Biasi
Testimonials
‘The ability to negotiate with the counterparty in order to find suitable solutions. The ability to explain complicated legal concepts to clients in a simple way.’
Key clients
Robert F and Gina Goldhammer Memorial Foundation Limited
Work highlights
- Assisting Robert F and Gina Goldhammer Memorial Foundation Limited with the acquisition of a former monastery in Padua.