Herbert Smith Freehills LLP's real estate practice offers assistance with portfolio transactions, urban regeneration projects, and investments, as well as financing, restructuring, and construction matters, among others. With broad expertise and cross-border capabilities, the group is active in mandates involving data centres, offices, logistics, retail spaces, hotels and student housing. Practice head Tomás Díaz Mielenhausen specialises in corporate real estate transactions, including M&A and joint ventures. Other key contacts in the department include Álvaro Gross and Alejandra Romero, both of whom act for Spanish and foreign clients in the acquisition of real estate portfolios, NPLs and refinancings.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Very knowledgeable and well-respected firm which covers almost all aspects of real estate. ’

  • ‘Very hands-on, diligent, and thoughtful at the partner and associate level. They are always available and make clients feel like their work is prioritised.’

  • ‘The team stands out for their exceptional responsiveness, clear and practical advice, and extensive knowledge. They are reliable and always available to take your call.’

  • ‘Tomas Díaz Mielenhausen and Álvaro Gross are highly responsive, inspire trust, and offer clear, practical advice backed by solid technical expertise. Their ability to adapt our international strategies to local customs and laws is exceptional.’

  • ‘The team are extremely professional and takes time to understand the client's business and needs.’

  • ‘The team are very professional, good communicators, and explain technical matters in easy-to-understand language. They are also easy to deal with, always available, and got the job done.’

  • ‘They stand out for being close and available, knowing the sector, remaining results-oriented, and having extensive legal knowledge.’

  • ‘They are professionally brilliant people and personally exceptional. Tomás Diaz and Alejandra Romero are worth mentioning.’

Key clients

  • Clarion Partners
  • Costco Wholesale Corporation
  • P3 Logistic Parks
  • Magnum Industrial Partners
  • Pulsar Krean
  • Primark
  • Goldman Sachs
  • Morgan Stanley
  • Perial Asset Management
  • Boreal IM Ltd
  • Global Switch

Work highlights

  • Advised P3 on the acquisition of a plot of land in Zigoitia for the subsequent development of a logistics warehouse.
  • Advised Perial Asset Management in connection with the drafting and negotiation of the set of contracts for the execution of the CAPEX works at the Eurostars Sitges hotel.
  • Advised Certares on the real estate aspects related to the acquisition, through a Luxembourg entity affiliate to Certares, of the shares of FTI Touristik  GmbHand its subsidiaries, a German company specialised in providing touristic services and travel experiences in over 120 countries (the third largest touristic group in Europe), which operates 26 hotels in the Canary Islands.

Lawyers

Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.

Practice head

The lawyer(s) leading their teams.

Tomas Díaz Mielenhausen

Other key lawyers

Álvaro Gross, Alejandra Romero