The ‘solid and highly experienced’ real estate team at Clifford Chance handles a large volume of acquisitions, joint ventures, disposals and project development mandates for international funds, financial institutions, insurers and developers. The group is steered by Carlos Portocarrero de las Heras, who specialises in sales and acquisitions of real estate companies and portfolios. Key support is offered by Andrés Berral, a name to note for the sale of REO (real estate owned) portfolios, and María Pradillo, who possesses a strong background in real estate finance.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘A lot of knowledge of the sector and the main payers.’
‘It is a firm of recognised international prestige, which provides security and peace of mind when hired. They intervene in complex transactions, which gives them continuously growing experience and skill development.’
‘Firm lawyers have greater specialisation and experience due to the number of deals in which they intervene. The absence of a lawyer can be covered by another lawyer who will have the same qualifications and professionalism. Its best qualities are availability, dedication, professionalism.’
‘The key to success is surely knowledge of the client, their objectives, limitations, and desires. This is what sets Clifford Chance apart. Collaboration must be hand in hand. The lawyer is part of the team.’
‘Carlos Portocarrero, apart from being an emblematic figure of the profession, a great professional with a lot of experience, is a person also endowed with an essential pragmatism to carry out any large-scale transaction, and transmits this to his teams.'
‘The team is solid and highly experienced, which allows them to find practical solutions to specific problems.’
‘Andrés Berral has extensive knowledge and experience in closing real estate acquisition transactions.'
Key clients
- Banco Santander
- Cerberus
- AXA
- BentallGreenOak
- Unibail Rodamco Westfield
- Sareb
- Värde Partners
- Carrefour
- Prologis
- Kennedy Wilson
- AIG Asset Management
- Emin Capital
- GMP
- Orion
- Hellenic Bank
- DWS
- Mapfre
- Numa stays
- Angelo Gordon
- Palm Capital
Work highlights
- Advised Prologis on the acquisition of aportfolio of 128 logistics facilities and six new developments from Crossbay for €1.585bn across seven countries in Europe.
- Advised AXA on the joint sale by AXA, CBRE IM and Greystar of the largest student residence platform in Spain to PGGM.
- Advised Vía Célere on the creation of a joint venture with the US-based real estate company Greystar and the transfer of Vía Célere's residential rental portfolio to the JV.
Lawyers
Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Andrés Berral
Clifford ChanceMaría Pradillo
Clifford ChancePractice head
The lawyer(s) leading their teams.
Carlos Portocarrero