Ashurst LLP's real estate team is highly adept at handling real estate restructuring, distressed deals, and NPLs/REOs transactions. With a strong presence in the logistics, residential, student accommodation, hospitality, and commercial property segments, the group acts for a varied client roster consisting of investors, real estate investment funds and corporations. Practice head Ismael Fernández Antón advises on zoning, development, financing, and construction matters, and stands out for his aptitude in distressed transactions and real estate-related litigation and insolvency proceedings. Recently promoted partner Joaquín Macías is a key point of contact for funds, financial entities and companies seeking assistance with transactional, financing, leasing, construction and contentious real estate mandates.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Exceptional deal management and negotiation skills.’

  • 'What really makes the difference is the ability to align and understand the client's needs supported by a strong technical knowledge, access to an international network and seniority of its team.'

  • 'In the end, as a service company, it is the people who make the difference between one firm and another, and in this case we must highlight the relevance, availability and knowledge of Ismael Fernández Antón. Ismael is widely recognised in the sector and his participation in complex transactions of all kinds gives him the background and key experience to provide comprehensive and effective advice.'

  • 'They are a highly coordinated team, and everyone assumes their role in the project at hand in a very efficient way. They are one of the best teams in the Spanish real estate sector with a very proactive approach to the client's vision.'

  • 'Clearly the leadership and client service approach of their partner Ismael Fernández Antón, which is deeply rooted in the team, makes them a very competent legal team with a very good understanding of the client's needs based on the different projects they deal with.'

  • 'Very well-organised team, with excellent resource management. Focus on detail.'

  • 'Agility and quality in their answers (fast and very good). Very well-researched topics. Excellent management of the issues. Clear, concise explanations when the difficulty of the subject allows it, and technically good.'

Key clients

  • Culmia
  • Henderson Park
  • Lighthouse Capital
  • Aviva Investors
  • ASG Iberia Advisors
  • Castellana Properties SOCIMI
  • Savills IM& Samsung
  • Invesco Real Estate
  • August Collection

Work highlights

  • Advising ASG Iberia Advisors on the sale of 100% of the share capital of three Spanish companies.
  • Advising Culmia in connection with the sale of a surface right over five plots of public land located in the Autonomous Community of Madrid to Bankinter under a forward purchase turn-key basis.
  • Advising Henderson Park on the acquisition of the shopping centre Islazul in Madrid from Nuveen/NPS.

Lawyers

Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Next Generation Partners
Junior partners with significant recognition from clients and peers in the market and key roles on multiple matters.

Practice head

The lawyer(s) leading their teams.

Ismael Fernández Antón

Other key lawyers

Joaquín Macías, Mª Antonia de Prada, Román Hierro, Félix Tirado