The real estate team at Ibarra, del Paso y Gallego specialises in advising domestic and foreign developers, constructors, and funds on the development, acquisition, disposition, financing and leasing of all manner of real estate assets in Mexico. The group has supplementary expertise in due diligence, permits, and real estate and infrastructure-related joint venture and M&A. Founding partner Carlos Ibarra Fernández steers the practice and has notable experience advising foreign investors on real estate transactions involving industrial, residential, commercial, and hospitality properties. Gerardo Gallego, also one of the firm’s founding partners, focuses on stock and asset purchase and sale agreements, joint ventures, M&A, and contracts work. Ex-practice co-head Rodrigo de los Ríos left the firm in March 2023, as did Alejandra Gutiérrez in April 2024. The same month, however, Alfonso Pulido O joined as a practice co-head from Creel, García-Cuéllar, Aiza y Enríquez, S.C., where he worked as counsel and focused on financing and transactional mandates in the sector.
Key clients
- Allen Matkins
- Beckers Industrial Coatings México
- Geodis
- Hilton Grand Vacations
- Los Pajaros
- Marriott Vacations Worldwide Corporation
- Mike Field
- Steve Anderson
- Tesla
- General Motors
Work highlights
- Advised Tesla on the selection, due diligence and acquisition of real estate for further development of its Gigafactory in Nuevo Leon, as well as with the negotiation of state incentives and federal authorizations for the project and general legal advice on environmental and water matters.
- Advised Hilton Grand Vacations on the issuance of legal opinions for the securitisation of a timeshare portfolio in the USA in co-counsel with Alston & Bird.
- Assisted Geodis Mexico with the negotiation of a long-term lease, as well as on administrative procedures for lifting restrictions from state agencies for an industrial facility in the State of Mexico.
Lawyers
Practice head
The lawyer(s) leading their teams.
Carlos Ibarra