Firms To Watch: Real estate

Led by founding partner and real estate law specialist, Arturo Costabal, ACU Abogados' five-member real estate practice routinely advises major Chilean fruit producers on land acquisitions; it also acts on the development of urban and rural residential real estate projects.
Led by Francisco Diez, who acts for a range of real estate and construction companies, DS Abogados' real estate department specialises in the structuring and financing of housing, commercial, mixed, urban and rural development projects.
Made up of lawyers, engineers, architects and auditors, De La Maza Abogados' multidisciplinary real estate and construction practice is led by name partner Ricardo De La Maza, who is experienced in the management of real estate assets, residential and multifamily rental projects, and the development and financing of infrastructure projects.
The real estate practice at IVM Abogados is currently led by experienced associate María Eugenia Badilla (formerly a principal at Philippi Prietocarrizosa Ferrero DU & Uría), who advises on the acquisition, development, and management of residential, office, commercial, mixed-use, investment and rental real estate projects; recent growth for the team includes the September 2023 recruitment of fellow associate Stefano Fagetti from Maira Vial Abogados.
Lathrop, Mujica & Herrera Abogados was co-founded in late 2023 by former Eluchans Abogados partner Fernando Lathrop and Pedro Pablo Mujica (previously a lawyer at Cubillos Soza Abogados), the firm changing its name to Lathrop Mujica Herrera & Diez Abogados in May 2024; Lathrop’s experience includes acting for real estate sector-related family businesses, while Mujica focuses on real estate project developments.
Led by founding partner and real estate and construction law expert, Juan Pablo Urenda, Urenda León Rivas & Darraidou Abogados (ULRD Abogados)' three-member team advises real estate and construction companies, along with investment funds, on housing, office and commercial developments, as well as on state subsidy-related residential projects.
Routinely acting on the acquisition, development and construction of large real estate projects, Villarino e Ilharreborde's eight-strong practice is led by name partner and commercial and housing development specialist, Cristóbal Villarino; the group also includes senior associate Camila Urzúa, who advises both individuals and companies on real estate transactions.

Real estate in Chile

Barros & Errázuriz

Barros & Errázurizremains one of the leading firms for real estate work’. The  13-member team is consistently sought out by domestic and international developers (and investment companies) to advise on the Chilean market’s largest real estate deals; and it is highly rated for its structuring of acquisitions, real estate associations and consortiums, as well as real estate project financings. Acting across the full range of real estate development work, its sector specialisms range from residential, commercial, industrial and multifamily, to educational, recreational, agricultural, hospitality, social housing, retail and hotel developments. It also has notable industry expertise in infrastructure and construction, including telecoms towers. The group is additionally experienced in regulatory issues and administrative conflicts. The team is co-led by José Ignacio Ovalle, who advises major real estate and construction companies on the development of condominiums, shopping centres, offices, ports and hotels; Patricio Solórzano, a longstanding adviser on the structuring of residential, commercial and industrial real estate projects; and Oscar Ruiz-Tagle, whose expertise encompasses urban and environmental regulations, along with territorial planning. The team further includes experienced counsel Alejandra Aránguiz, who ‘has complete knowledge of the subjects she advises on’; and senior associate and residential and commercial real estate project practitioner, María Teresa Diez.

Praxisleiter:

José Ignacio Ovalle; Patricio Solórzano; Óscar Ruiz-Tagle


Referenzen

‘Great ability to work on various aspects of real estate business, including commercial, regulatory and tax issues.’

‘Remains one of the leading firms for real estate work.’

‘Constantly supports its clients in achieving their objectives.’

Kernmandanten

LarrainVial Asset Management Administradora General de Fondos


Parque Arauco


Cámara Chilena de la Construcción (CChC)


BTG Pactual Chile


Scotiabank


TECK Carmen de Andacollo


Inmobiliaria Altas Cumbres


Universidad Finis Terrae


Agrosuper


Inmobiliaria Manquehue


Agrícola Valvi


Siena Inmobiliaria


Highlight-Mandate


  • Advised Parque Arauco on the acquisition of a 22-story building.
  • Advised BTG Pactual Chile on the sale of commercial properties in Las Condes and Rengo, along with the assignment of the lease agreements for these properties.
  • Advising Scotiabank on real estate and urban planning matters.

Carey

The real estate team at full-service legal giant Carey is ‘great for its ability to minimise the risks that companies face when acquiring or leasing real estate property’. The sizeable practice is experienced in the development, financing, construction and sale of a range of real estate projects. Examples include residential, multifamily, commercial, industrial, data centre and hotel developments. The group also fields sector experts in casinos, agro-housing, conservation projects, shopping centres, office buildings and educational centres. The team’s coverage further encompasses the purchase, sale, lease and securitisation of real estate portfolios, along with real estate asset management. The practice is led by Juan Pablo Stitchkin, an expert in real estate and land development, as well as engineering, construction, and mining, energy and infrastructure projects. At counsel level, Eduardo Martin is the IBA Real Estate Committee’s current Latin American Forum liaison officer; while Tomás Varela (promoted in November 2023) advises on significant real estate development projects, his experience covering land use, building permits, title reviews, leases, and sale and purchase agreements. In the firm’s associate team, Javiera Avilés is ‘an outstanding lawyer’, whose broad practice includes infrastructure, engineering and construction projects, as well as real estate and land developments (and related judicial litigation).

Praxisleiter:

Juan Pablo Stitchkin; Eduardo Martin; Tomás Varela


Referenzen

A very good experience in terms of quality of service, timeliness and collaboration.’

‘Great for its ability to minimise the risks that companies face when acquiring or leasing real estate property.’

‘Excellent work team with a great sense of urgency. Great follow-up and response times. They always show incredible availability.’

Kernmandanten

H&M


The Freyja Foundation


SMU


IFC


Larraín Vial


Highlight-Mandate


  • Assisted The Freyja Foundation with the purchase of 309 hectares for the development of a land conservation project.
  • Advising SMU on day-to-day real estate matters, including the negotiation of lease agreements, and title and zoning-related due diligence.
  • Advised IFCon on a financing granted to the Santo Tomás educational group for higher education infrastructure projects.

Fontaine & Cía

Fontaine & Cía houses a ‘highly specialised team that focuses on the client's business’. Acting for major real estate and construction companies, along with institutional investors, the firm’s 12-strong real estate and infrastructure team assists at every stage of real estate project development. Its expertise ranges from financings, the creation of appropriate tax structures, and the processing of all necessary permits, to urban law-related regulatory issues and the final delivery of constructed buildings. In addition to housing, office, commercial and industrial centre project development, the group is increasingly active in relation to rental-sector multifamily buildings, as well as warehouse and storage centre projects. The team is jointly led by residential, office, industrial and commercial real estate development expert, Montserrat Valverde, who ‘addresses difficult situations while looking for creative solutions’; Juan Eduardo Troncoso, who acts for institutional investors on the structuring of financings, rentals and developments; and Diego Marín, an experienced adviser to real estate and construction companies on tender reviews and the formation of consortia for projects. The practice further showcases real estate director and urban planning and territorial regulation specialist, María José Álvarez; and at associate level, Ramón Reyes, who acts for real estate companies on project developments and financings.

Praxisleiter:

Montserrat Valverde; Juan Eduardo Troncoso; Diego Marín


Referenzen

‘A good team of lawyers who are very professional and serious.’

‘Very good relationships within the team, which helps a lot on a day-to-day basis in ensuring that tasks are completed in a timely manner.’

‘They are punctual and respectful, something that is difficult to find today.’

Kernmandanten

Compañía de Seguros Confuturo


Metlife Chile Seguros de Vida


Principal Compañía de Seguros de Vida Chile


Inversiones Marchigüe


Chilena Consolidada Seguros de Vida


Parque Arauco


Hispano Chilena de Inversiones


Piedra Roja Desarrollos Inmobiliarios


Grupo HMAN


Inmobiliaria Bricsa


La Cruz Inmobiliaria y Constructora


Inmobiliaria Indumotora


Asesorías Civilia


Echeverría Izquierdo Inmobiliaria y Constructora


Nieves Andina


Grupo Trade Center


Highlight-Mandate


  • Advised Metlife Chile Seguros de Vida on a financing to Fondo de Inversión ASSET Rentas Residenciales for the purchase of Paso El Roble Building in La Florida, Santiago.
  • Advised Compañía de Seguros Confuturo of Inmobiliaria Marbella F-30 on a financing operation, via a lease of a shopping centre.
  • Advised Inversiones Marchigue on the execution and development of the Pan American Village during the Santiago Pan American and Parapan American Games.

Guerrero Olivos

Consisting of ‘good partners and associates that are capable of resolving complex issues’, Guerrero Olivos' seven-member real estate team is consistently mandated by major developers, construction companies, investment funds and asset managers. It has notable industry expertise in retail, mining, and food and drink; and representative experience for the group includes significant real estate transactions, financings and leasings, as well as real estate asset management and project development. The full-service practice also assists with a wide range of regulatory and permitting issues, in addition to real estate litigation; and its assistance on real estate projects includes letters of intent for site acquisitions, construction contracts and the eventual sales of units. The department is led by firm managing partner Martín Santa María, who specialises in project development, construction, real estate regulatory work, and the acquisition and sale of real estate projects. In a boost to the practice, real estate law expert Tomás Rosemary, an adviser on site transactions, project acquisitions, title reports, real estate financing, leasing contracts, and real estate litigation, was promoted to partner in January 2024. At senior associate level, Macarena Montt's real estate workload encompasses due diligence processes, real estate developments, construction and developers’ day-to-day matters.

Praxisleiter:

Martín Santa María


Referenzen

‘The team is always available and responds quickly, especially in emergencies.’

‘They successfully help clients with critical issues.’

‘Appreciated for the closeness of its people while at the same time maintaining professionalism.’ 

Kernmandanten

Macquarie Group/GLL


CBS Real Estate Developer


Inmobiliaria Box


Aramco


Falabella Inmobiliario


Trayecta Inmobiliaria


Inmobiliaria Absal


CIMENTA


Elemental


Inmobiliaria Hudson


Agrícola GU Real Estate Developer


ENACO


Cordada


P&G Larraín


SMBC


BNP Paribas


Patagonland


Highlight-Mandate


  • Advised Macquarie Group on the acquisition from Euroamérica Insurance Company of 51% of the Euroamerica Class A Building in Santiago.
  • Advised CBS Real Estate Developer on 10 residential projects.
  • Advised Elemental, an architectural firm, on the regulatory framework for the application of industrialised construction processes to social housing projects.

MBC Abogados

Distinguished by the exceptional quality and competence of its team’, MBC Abogados’ 13-strong department advises major real estate companies on matters all over Latin America (and beyond). Acting for real estate managers, investment funds and developers, the team handles significant real estate acquisitions and sales, as well as residential, industrial and commercial real estate project development. The group recently advised real estate developer and manager Greystar Chile on its purchase of an approximately $72m residential and commercial real estate project. It also acted for a Uruguayan company on a promise-of-sale (and subsequent purchase-and-sale) agreement for a commercial property. The department is jointly led by Carolina Menichetti, Ignacio Bolelli and Benjamín Salas, whose broad practices cover real estate development and financing work, as well as M&A, asset sales and purchases, and corporate and individual restructuring. Providing key support at senior associate level, Francisca Rodríguez's workload encompasses land use, building permits, title reviews, sales, purchases and leases, as well as construction contracts and mergers and subdivisions; the broad expertise of Josefina Durán, who is ’very clear and always available’, includes asset purchases, association agreements and joint ventures; and Sybil O’Reilly is also experienced in real estate development.

Praxisleiter:

Carolina Menichetti; Ignacio Bolelli; Benjamín Salas


Referenzen

‘Excellent work, knowledge of the market, availability and clarity in a very approachable manner.’

‘They know the commercial and tax aspects of the real estate business very well.’

‘Great experience in this area.’

Kernmandanten

Rentas Patio I


El Morro


Desarrollos Comerciales


Greystar Chile


Chablis International


LV Patio Renta Inmobiliaria I


Highlight-Mandate


  • Advising Greystar Chile (as purchaser) on the negotiation and execution of the purchase of a residential and commercial real estate project.
  • Advised the sellers, Rentas Patio I, Patio Comercial and Desarrollos Comerciales, on the sale to Inmobiliaria of three properties in Pucón, Peñalolen and Antofagasta.
  • Advised Rentas Patio VI on the acquisition of a gas station in the commune of Puerto Varas, Los Lagos Region.

CEPD

The ‘extremely dedicated’ real estate and infrastructure practice at CEPD has notable experience in the residential, commercial, industrial, agricultural, hospitality and social housing sectors. Acting for developers, investors, leasers and lenders on the gamut of real estate matters, the department covers project structuring and financing, special purpose vehicles, and asset purchase and sale-related due diligence. The mid-sized firm’s nine-strong team also assists with the day-to-day management of real estate projects; and additionally houses expertise in real estate-related M&A, and the reviewing of easements, titles and leases for infrastructure project developments. Recent highlights include acting for GSI Capital on the acquisition and development of three industrial and logistics real estate projects. The team is co-led by founding partner Antonio Dittborn, who predominantly focuses on the structuring and development of residential, commercial and industrial real estate projects, along with concessions, public works infrastructure, and engineering and construction projects; and real estate, construction, infrastructure and finance specialist Sebastián Aninat, who has ‘extensive knowledge of the real estate sector’. Providing notable support at associate level, Camila Aranda works alongside Dittborn on real estate and financing matters; and real estate and infrastructure project development practitioner Sofía Lama is ‘an extraordinary lawyer who is highly recommended’.

Praxisleiter:

Antonio Dittborn; Sebastián Aninat


Referenzen

A young, versatile team with extensive knowledge in all legal areas.’

‘Clients have nothing but good words for this team.’

‘Things that clients value a lot about the team are the great availability, the quality of the documents, the speed and efficiency of the service, and the level of concern throughout the entire process.’

Kernmandanten

ENEA


DLS


GSI Capital


IFB


Inmobiliaria Brick


Inmobiliaria San Patricio (Empresas Melón)


Falabella Inmobiliario


Inmobiliaria Triangular


ECOMAC


Empresas MAS


Patagon Land


Patagonia Virgin


Inmobiliaria ICAAD


Inmobiliaria GDI


Blue Home


AMPLO


Inmobiliaria ICOM


Termas Del Sol


Espacio Urbano


Inmobiliaria Comosa


Avenida Realty


Tres Cruces Gestión Inmobiliaria


Águila Capital


Inversiones Castilla


Inmobiliaria Frutillar


Inmobiliaria Prodelco


Elqui Partners


Inmobiliaria BOUZANS


Inversiones y Asesorías EVA


Agrosonda


Big Sur Energy


Acciona


Oxiquim


Logicfashion


Goldenfrost


Inmobiliaria y Asesorías EVAS


EBCO Energía


Highlight-Mandate


  • Advised GSI Capital on the acquisition and subsequent development of three industrial and logistics real estate projects.
  • Advised DLS on the development of an industrial and logistics real estate project, including a long-term lease agreement with La Polar as lessee.
  • Advising ENEA on a day-to-day basis, the assistance including purchases and sales of real estate assets.

Cariola Díez Pérez-Cotapos

Cariola Díez Pérez-Cotapos' 'real estate team has vast experience and excellent knowledge’. The eight-strong department routinely handles major real estate M&A transactions (including due diligence), such as the purchase and sale of shopping malls, office buildings and utilities’ real estate assets. The full-service practice is also mandated to advise on real estate greenfield projects, in relation to industrial plants and large data centres, as well as to assist with the regulatory aspect of urbanisation law and territorial developments. The team is additionally experienced in construction issues (including the contractual closing of projects), in addition to long-term lease agreements. The practice is led by highly-rated partner Juan Pablo Matus, whose enviable real estate projects expertise covers shopping mall, industrial, office and residential developments. Matus also acts for foreign investment funds on the purchase and sale of major real estate assets, and assists retail companies with the negotiation of long-term lease agreements for stores and shopping malls. In the firm’s associate team, Daniela Fierro routinely advises on title reviews, land use and building permits, sale, purchase and lease agreements, and contracts for the construction, engineering and administration of projects; and Daniel Washington and Valentina Pinto also maintain busy real estate practices.

Praxisleiter:

Juan Pablo Matus


Referenzen

The knowledge of clients’ business means that every new thing they want to do starts from a solid base, which makes everything much more efficient.

Trust in the Cariola team is total. Great people and great professionals who are highly proactive.

Always willing to help, and answer questions quickly and kindly.

Kernmandanten

Ripley Corp


Soprole


Maersk Group


Deceuninck Sud América


Río King


Doppelmayr-Garaventa Group


Banco Ripley


Kankura


Contreras y Compañía


Levi Strauss Chile


Highlight-Mandate


  • Advised Ripley Corp on the real estate and corporate aspects of the sale to Mall Plaza of its ownership in shopping mall company, Nuevos Desarrollos.
  • Advised Rio King on the structuring, negotiation and sale of three real estate properties comprising over 416 hectares (for agricultural use).
  • Advised Maersk on real estate issues.

Larrain y Asociados Abogados

Fielding ‘a multidisciplinary team that is very experienced’, Larrain y Asociados Abogados's seven-strong real estate department acts for developers, sponsors, buyers, sellers and lenders on real estate transactions and project development. Its expertise covers due diligence, financing and M&A (via both asset deals and share deal structures). The group also assists educational and non-for-profit organisations on the acquisition of land for schools, as well as for social benefit and charitable activities. Comprising experts in tourism, hotels, housing and forestry, along with agricultural, conservation, industrial and renewable energy project development, the practice is particularly well known for its infrastructure and construction sector specialism. The group is also increasingly active in relation to commercial properties, such as cinemas, gas stations and malls. The team is co-led by real estate and litigation expert José Pedro Baraona and ‘excellent lawyerJuan Carlos Bulnes, whose real estate credentials cover the agro-industry, conservation and tourism sectors, as well as urban developments and state-owned property-related developments. The practice further includes Juan de Dios Ferrada, an adviser on real estate developments and acquisitions. At associate level, seniors José Spoerer and Manuel Larrain both maintain notable real estate practices, while Michelle Inzunza is experienced in rural developments.

Praxisleiter:

José Pedro Baraona; Juan Carlos Bulnes


Referenzen

‘Full availability 24/7 to respond to clients’ requirements. Partners get involved in all processes.’

‘Partners and a team who have a pro-business and conciliatory outlook, and they always act in the client’s interest.’

‘A multidisciplinary team that is very experienced and concerned about clients – highly recommended.’

Kernmandanten

NCH Hoteles


Inmobiliaria Tecton


Highlight-Mandate


  • Advising Inmobiliaria Tecton on the development of mixed residential and commercial projects.
  • Advising NCH Hoteles on hotel asset acquisitions, as well as during the course of its ordinary business.
  • Advising Cameron, which owns a 100,000-hectare property used for livestock business, on real estate rental agreements, sale transactions and contract drafting (among other matters).

Marinovic & Alcalde Abogados

With exceptional commitment and outstanding client orientation’, Marinovic & Alcalde Abogados’ ‘real estate team is at the level of the most prominent legal firms in the country’. The firm’s ten-strong practice has longstanding experience in construction, land parcelling, lot divisions, land use changes, and urban planning and development. The group is also sought out to advise on concessions, expropriations, property easements, water rights, environmental issues and permits, as well as regulatory matters, social housing developments, real estate litigation, and M&A involving real estate assets. The group’s principal practitioners are Juan Carlos Méndez, who has ‘recognised experience in real estate issues’, and is a specialist in the acquisition and sale of real estate assets, such as residential, commercial, office, social housing, and mixed-use retail properties; and ‘great lawyerDomingo Edwards, a corporate, real estate, zoning and financing expert, who assists with the project developments of retailers, insurers, investment funds, family offices, and construction and real estate companies. In the firm’s associate team, Iván Torrealba is an April 2023 recruit from Prieto Abogados, who is experienced in real estate, urban planning, project development and regulatory matters; while Francisca Gatica advises on large real estate project developments. Former associate Laura Salazar departed the firm in January 2024.

Praxisleiter:

Juan Carlos Méndez; Domingo Edwards


Referenzen

Able to detect the client’s needs and interests, and always are up to date with legal reforms that impact business.’

‘The real estate team is at the level of the most prominent legal firms in the country, with exceptional commitment and outstanding client orientation.’

‘Provides comprehensive, creative and innovative legal solutions. ‘

Kernmandanten

Boetsch Group


Cencosud


CCLA Group


Magal Group


Independencia AGF


Circulo Empresas


Moncuri Group


Belfi


Renval Grupo Inmobiliario


Punta Blanca Grupo Inmobiliario


Highlight-Mandate


  • Advised Cencosud on the opening and commencement of operations of its Spid premises.
  • Advised Boetsch on multifamily projects.
  • Advised Magal on the development and sale of housing projects.

Philippi Prietocarrizosa Ferrero DU & Uría

The ‘highly trained and experienced’ team at full-service international firm Philippi Prietocarrizosa Ferrero DU & Uría acts across a broad array of real estate projects and transactions. The group’s expertise ranges from residential condominiums, apartment buildings, office complexes and shopping centres, to urban and rural hotels and developments. The firm is also home to experts in tendering offers, joint ventures, purchase and sale agreements, ownership title studies, and the incorporation of real estate companies. The practice group additionally advises on construction agreements, condominium regulations, mixed-use projects and hotel management contracts. Recent mandates include advising Territoria Apoquindo on the negotiation of a long-term lease agreement with Metlife for six floors of a mixed-use building. The group is led by the ‘smart, resourceful and knowledgeableJosé Tagle, whose real estate transactional practice encompasses residential projects, office buildings, hotels, shopping centres, multi-family projects, and agricultural real estate investments. Tagle's experience also covers real estate investment funds, urban law and corporate real estate. At associate level, principal Cristóbal Uriarte, who is ‘creative when looking for solutions’, advises on high-stakes real estate projects and M&A deals; and senior Macarena Gaitán regularly assists with residential projects, office buildings, mixed-use developments, and agricultural and forestry sector real estate investments.

Praxisleiter:

José Tagle


Referenzen

‘The team has very quick responses to requests.’

‘Strong market knowledge. Compared to other offices, they are much more efficient.’

‘They are fast, know the market very well, and look for solutions instead of hindering negotiations.’

Kernmandanten

Abu Dhabi Investment Authority (ADIA)


Deka Inmobiliaria Chile One


DWS | Rreef Management


Abercrombie & Kent


Corporacion Nacional Del Cobre De Chile (Codelco)


Anglo American


Forest Investment Associates


Credicorp Capital


Cytec Chile


Territoria Apoquindo


Jamestown


Hoteles City Express Chile


Inmobiliaria Casa De Italia


Hotel Corporation Of Chile (Mandarin Hotel Santiago)


Penta Las Americas Administradora General De Fondos


The Walt Disney Company


Inmobiliaria Duero


Grupo Urbana


Cbre Chile


Orica Chile Distribución


Desarrollos Inmobiliarios


Sanavi


Corpgroup Activos Inmobiliarios


Turismo Rio Manso


Highlight-Mandate


  • Advised joint venture ADIA/ Territoria on the negotiation, due diligence, acquisition and subsequent leasing of a building owned by ENEL in Santiago.
  • Advised Deka on the negotiation and structuring of a lease.
  • Advised Territoria Apoquindo on the negotiation of a long-term lease agreement it entered into with Metlife.

Baker McKenzie Chile

Baker McKenzie Chile’s ‘excellent lawyers’ in Santiago have notable expertise in agribusiness, medical cannabis facilities and religious organisations. The real estate group advises on buy-side due diligence in relation to ownership, environmental and tax issues, as well as regarding credit agreements. The team also assists with construction agreements, permits and authorisations, as well as preparing property for sale. The practice is led by of counsel Andrés Wagner, who focuses on property development, along with hotel, hospitality and tourism industry-related work. At associate level, Maria Elena Dörr advises on real estate development and agriculture projects; Javiera Velasco Tocornal is a 2023 recruit from Fernandez & Barros Abogados; and Francisco Nualart departed the firm in August 2023.

Praxisleiter:

Andrés Wagner


Referenzen

‘Excellent lawyers.

‘A team that understands business and clients’ objectives very well.’

‘Focuses on obtaining the best results in line with the client’s strategy.’

Kernmandanten

Mattel


Credicorp


Avenida


GrowforChile


Rentas Inmobiliarias Security – Fénix REIT


Cencosud


Stanley Black and Decker


Bimbo


Bain Consulting


Mattel


Highlight-Mandate


  • Assisted retail operator H&M with its local real estate contracts.
  • Assisted Cencosud with reviewing the titles of a set of properties worth over $120m.

Barros Silva Varela & Vigil

One of the most versatile, flexible, dynamic and talented firms on the market’, Barros Silva Varela & Vigil's seven-member team handles the planning stages of real estate projects, as well as their financing, corporate issues and tax structuring. It also advises on construction and co-ownership contract negotiations, unit sales and construction liability issues. The practice additionally has notable expertise in urbanisation and environmental regulations. The team is led by José Joaquín Silva, who ‘has extensive knowledge in real estate matters’. At associate level, senior Marcela Horzella focuses on urban regulations and territorial planning, while the more junior Felipe Van Der Wyngard advises on real estate transactions; former senior Soledad Marín left the firm in mid 2024.

Praxisleiter:

José Joaquín Silva


Referenzen

The BSVV real estate team is very strong. They make clients feel that they are very important to them.

They are very experienced, and clients can see that client service is very important to them.

The BSVV real estate team is first-class. They have great knowledge of the stakeholders in this area, and it is clear that there is planning, strategy and study behind their work.

Kernmandanten

Independencia – Investment Fund


Inmobiliaria Tepual


Inmobiliaria Ingevec


Inmobiliaria Ilumina


Papa John’s


Joint Ventura Marchigüe – Ingevec


Inmobiliaria Ciclos


Inmobiliaria Inspira


Grupo Avenida Realty


Patria Investment


Statkraft


Constructora Cumbres


Legría


Phoenix Tower International


Highlight-Mandate


  • Advising Inmobiliaria Ciclos and Ingevec on the restructuring of two bankrupt housing projects.
  • Advising Inmobiliaria Inspira on the merger of two condominium lots into another condominium, in order to maximise the use and construction potential of the property.
  • Advised Inmobiliaria Ingevec on the acquisition of five companies, which own five real estate projects in different areas of the country.

Clyde & Co

The real estate practice in Clyde & Co‘s Santiago office encompasses real estate financing and conveyances, along with construction agreements and advice on joint ownership regulations. The team also assists with property management issues (including lease drafting) and property regularisations. The department’s principal advisers are Arturo Pino, who advises domestic and foreign clients on the acquisition, development and financing of real estate projects involving shopping centres, power plants, and office and residential buildings; and Hugo Prieto, whose experience includes the acquisition, financing, leasing and sale of properties, as well as due diligence processes.

Praxisleiter:

Arturo Pino


Referenzen

They put all their resources and creativity into their work.’

‘Precision, attention to detail and creativity.’

Kernmandanten

Sociedad Agrícola y Ganadera Los Pellines


Elevation Investments


Inmobiliaria Inersa


Inversiones e Inmobiliaria El Rosal (Movicenter)


Asesorías e Inmobiliaria Froimovich


Cowork Labs


Fundación de Conservación Tierra Austral


Highlight-Mandate


  • Advising Inmobiliaria Inersa on the development and operation of its real estate matters.
  • Advising Movicenter on the drafting and revising of lease contracts (among others).
  • Advising Froimovich on an ongoing basis.

CMS Carey & Allende

CMS Carey & Allende‘s real estate practice is particularly focused on urban and infrastructure developments, as well as regulatory work. The team’s expertise covers zoning issues, pipeline developments and power lines, along with expropriation procedures and the regularisation of industrial plants’ property titles. Clients further turn to the group for administrative litigation, regulatory compliance, and to obtain permits and licences. The firm’s real estate, construction and public and regulatory law practices are led by Pabla Gaínza, an adviser on urban planning, zoning, easements, expropriation processes and the regularisation of real estate assets. Senior associate Karin Muñoz departed the firm in April 2024.


Praxisleiter:

Pabla Gainza


Referenzen

‘The relationships with clients are very close and the collaboration is expeditious – they are always there when clients need them.

‘Great personal skills – one of the best real estate teams in the country.’

‘Pabla Gainza is an exceptional lawyer.’

Kernmandanten

Banco Santander Chile


Antofagasta Railway Company


AKI KB Minibodegas


The Church of Jesus Christ of Latter-Day Saints


Proyectos de Padel Chile


Marbella Chile


Agricola Vertical


Hacienda Inmobiliaria


Kineret Inversiones


Bioplastic


Highlight-Mandate


  • Advised Navegante Américo Vespucio on construction-related contracts.
  • Advised Proyectos de Padel Chile on the drafting of contracts, and submissions to the Municipal Department of Public Works and the Regional Office of the Ministry of Housing and Urban Planning, in relation to the development of five padel court facilities.
  • Advised Hacienda Inmobiliara on the resale of 350 plots.

Garrigues Chile

The track record of Garrigues Chile's five-member group includes the acquisition of properties for supermarket chains, including multifamily and commercial buildings, as well as the regulatory aspects of land purchases for retail and industrial projects. The team is led by José Miguel Rioseco, an adviser to companies and investment funds on residential real estate, offices, shopping centres, hotels and tourism, including urban planning, structuring and financing aspects. At associate level, principal Eduardo Tirado, and seniors Catalina Berrios Vergara and Macarena Lagos Soza, all assist with real estate mandates. Former partner Luis Eduardo Correa and senior associate María Cecilia Morandé both left the firm during 2023.

Praxisleiter:

José Miguel Rioseco


Referenzen

‘Highly qualified team with in-depth knowledge of the real estate industry.’

‘Great level of dedication with which they serve clients.’

Kernmandanten

Asset Chile


Exportadora Rancagua


Inmobiliaria Santiago


Ameris Desarrollo Inmobiliario


Inmobiliaria JY


Trendy


Nala


Inmobiliaria Matiz Cavancha


Nahmias Inversiones


Reserva Tehualda


Grupo Loga


Highlight-Mandate


  • Advising SMU on the acquisition of 10 properties.
  • Advising SMU on the regulatory side to the acquisition of land for a retail project.
  • Advised the buyer, ASSET Chile Fondo Renta Residencial, on the acquisition of a building from Conquista Group.

Maira Vial Abogados

The nine-member practice at Maira Vial Abogados advises on the gamut of real estate matters. The group’s expertise covers purchase and construction agreements, contracts with gas and sanitary companies, and due diligence work. It also encompasses M&A, real estate companies’ ongoing corporate issues, project finance and project-related permits. The practice additionally assists with the sale and leasing of completed housing and apartment units. The practice is led by founding partner Esteban Maira, an adviser on commercial property acquisitions and residential lease negotiations. At associate level, Macarena Reyes Palacios and María Fernanda Abarca round out the team; former senior Stefano Fagetti departed the firm in September 2023.

Praxisleiter:

Esteban Maira


Kernmandanten

Isiete Grupo Inmobiliario


AVLA


Icuadra


Grupo VIAS


Huella


Los Conquistadores


Cassa Estudio


Refleja


Ilumina


Volcom Capital AGF


Highlight-Mandate


  • Advised Isiete Grupo Inmobiliario on the acquisition of land to build real estate projects.
  • Advised Huella on the acquisition of land to build real estate projects.
  • Advised AVLA on high-value project financings.

Urenda, Rencoret, Orrego y Dörr

Urenda, Rencoret, Orrego y Dörr's five-strong real estate and construction team advises on real estate project developments, including due diligence work, and the negotiation of joint venture, purchase and construction agreements. It also assists with project financing, the obtaining of administrative authorisations and real estate property sales. The group is co-led by Gonzalo Errázuriz, who assists with a wide range of real estate issues; and Felipe Rencoret Portales, who acts on real estate matters, alongside banking and finance (including project finance) mandates. Associate Andrés Siles is also a key real estate and construction team member.

Praxisleiter:

Gonzalo Errázuriz; Felipe Rencoret Portales


Kernmandanten

Echeverría Izquierdo


Inmobiliaria Valle Grande


AGSA (Inmobiliaria Santa Elena)


Grupo Marina


Nueva Costanera Participaciones


Inmobiliaria Parque Embajadores


Inmobiliaria Parque Bicentenario


Inmobiliaria Santa Sofía


Inmobiliaria Santa Inés


Inmobiliaria Mirador Barón


Inmobiliaria Mackenna 60


Inversiones Lastarria


Inmobiliaria Triángulo


Inmobiliaria Triángulo Dos


Inmobiliaria e Inversiones Paseo Prat


Rentas Angamos


Inmobiliaria Las Colonias


Inmobiliaria Puerta Pacífico


Agrícola La Palma


Habitas Group


Highlight-Mandate


  • Advising Inmobiliaria Santa Sofía on the development of a real estate project called Mirador Santa Sofía.
  • Advising AGSA on the development of a 1000-plus hectare urban real estate development.
  • Advising Inmobiliaria Valle Grande on the development of a 660- hectare real estate project in Santiago, including over 20,000 houses, a large crystal water lagoon, and schools (among others).

Álamos Álvarez y Aldunate

Following the May-2024 merger of Álamos Álvarez y Squella and Áldunate | Álvarez Abogados, the newly combined entity is known as Álamos Álvarez y Aldunate and fields an ‘extremely rigorous’, 12-strong team that advises a range of clients including insurers, family offices, real estate companies, real estate developers, construction companies and their suppliers, and investment funds. It's broad sector expertise ranges across residential, commercial, mixed-use and industrial developments, as well as multifamily rentals, urban subdivisions, land divisions, and both tourism and infrastructure projects. Real estate, corporate law and capital markets specialist Felipe Álvarez, whose ‘business outlook makes him an exceptional project leader’, co-leads the practice with Mario Áldunate and Juan Pablo Álvarez, both of whom have over​ ten years multidisciplinary real estate industry experience handling matters ranging from complex transactions to day-to-day issues and requirements.

Praxisleiter:

Felipe Álvarez; Mario Áldunate; Juan Pablo Álvarez


Referenzen

Great for the technical capacity and energy they put into each job.

It is clear that they are a young and agile office and that they are extremely rigorous.

This firm stands out greatly for its understanding of clients’ needs.

Kernmandanten

BICE Vida Compañía de Seguros


BICE Administradora General de Fondos


Singular Asset Management Administradora General de Fondos


Compañía de Seguros Confuturo


Seguros Vida Security Previsión


BICE Hipotecaria Administradora de Mutos Hipotecarios


Desarrollo País


Inmobiliaria Numancia


Inversiones Marchigue


Inmobiliaria FG


Grupo Inmobiliario Max


BICE Renta Urbana


Embalajes Troya


Desarrollos Inmobiliarios


Inmobiliaria Sur Monte


Asset Plan Asesores de Inversión


Empresa Constructora Mena y Ovalle


Inmobiliaria San Patricio


Agrícola Los Mayos


PROPIO


Inversiones Licancabur


Boetek


Cobre y Metales


Lucas Blanford


Auténtica Inmobiliaria


Bofill Mir Abogados

With ‘a very commercial vision’, Bofill Mir Abogados' 15-strong real estate practice handles all stages of real estate projects. Spanning both transactional and regulatory work, its expertise ranges from the negotiation of construction-related financing agreements, to ongoing advice on daily real estate operations. The group is led by corporate law specialist Ana María Yuri, who ‘has a lot of experience in complex negotiations’, and whose workload encompasses real estate, construction and projects.

Praxisleiter:

Ana María Yuri


Referenzen

‘They have a very commercial vision, and are able to take business perspectives beyond the legal issues and adjust to the demands of the negotiations.’

‘They have very good experience, knowledge and a track record in real estate matters.’

‘They have a good team that is capable of addressing the different facets of the real estate business.’

Kernmandanten

Neorentas


Ecomac


Bice Vida Compañía de Seguros


Highlight-Mandate


  • Advising Neorentas on its daily real estate matters.
  • Advising Ecomac on the negotiation and structuring of a SPV (Inversiones Ecomac Norte 8), which will develop a residential project in the Coquimbo region.
  • Advised Bice Vida (and its subsidiary company and vehicle), in relation to a real estate development project.

Correa Squella

The ‘compact and well-prepared team’ at Correa Squella advises on national condominium project-related financings, as well as educational, mining, religious, agricultural, energy, port and forestry infrastructure facilities. It also regularly assists with real-estate related dispute resolution, compliance procedures and crisis management. The real estate and corporate practices are both led by Carolina Squella, a specialist in housing, urban and public infrastructure development projects. Key support at associate levl is provided by Cristóbal Mackenna, who advises on real estate developments and urban planning, and Magdalena Ramsay, also a key team member.

Praxisleiter:

Carolina Squella


Referenzen

A compact and well-prepared team, with good teamwork and concrete anticipatory actions.’

‘Technically very well prepared, with a lot of empathy for clients and their problems.’

‘Very professional in their opinions, as well as being pleasant and friendly.’

Kernmandanten

Vientos de Renaico


Cousiño Real Estate Holding


Viña Cousiño Macul


Sociedad Minera El Águila


Statkraft


Empresa Eléctrica Pilmaiquén


Saffco Forestal


Universidad Adolfo Ibáñez


Sugal Chile


Olivos Ruta del Sol


Parque Eólico Piedra Amarilla


Agrícola Puente Alta


Forestal Probosque


Factor Energía


Highlight-Mandate


  • Advised Cousiño Real Estate Holding on the development of a real estate housing project.
  • Advised Vientos de Renaico on the financing, planning, execution and sale of four wind farms in southern Chile.
  • Advising Inmobiliaria Crillón on real estate developments.

DLA Piper Chile

DLA Piper Chile's Santiago office advises on national and international real estate projects in the industrial, energy, commercial, housing, hotel, educational and health sectors. Its assistance covers regulatory, taxation, and urban planning and land issues, as well as financings, title reviews, land purchases, long-term lease agreements, and mergers and subdivisions. The team is also notably experienced in construction contracts. The group is co-led by founding partner Rodrigo Álvarez (who also co-heads the tax practice); and counsel and real estate and corporate law expert, Bernardita Doren.

Praxisleiter:

Rodrigo Alvarez; Bernadita Doren


HD Legal

Home to ‘a team of lawyers with very strong expertise’, HD Legal’s real estate practice advises both domestic and foreign clients on real estate developments, financing and construction. The group’s experience covers real estate investment structuring, the incorporation of development and investment vehicles, title searches, land purchases and project sales. The team is led by Juan Ignacio Peña, a specialist in real estate, project finance, and engineering and construction. The associate team experienced the departures of senior Andrea AlarcónAntonia Vial and Javiera Lira in October 2023, and January and March 2024, respectively.

Praxisleiter:

Juan Ignacio Peña


Referenzen

‘A team of lawyers with very strong expertise – highly trained and with the resources to allow them to achieve clients’ objectives.’

‘Very good professionals, who are committed and motivated to collaborating with clients’ requests.’

‘A team that has experience, and produces serious and creative work.’

Kernmandanten

Santander Asset Management Chile


Inversiones Sam Dos


Fynsa AGF


Nevasa AGF


Vantrust Capital AGF


Zurich Chile Asset Management AGF


Inmobiliaria Icalma (KMA Asset Management)


CFB Homes


Inmobiliaria del Inca


Inmobiliaria JMI


HMC


Buydepa


Inmobiliaria Manquehue


Inmobiliaria Imagina


Toesca Asset Management


Inmobiliaria SCL Apoquindo


Highlight-Mandate


  • Advising Santander Asset Management Chile on the structuring side to an investment fund.
  • Advising CFB Homes on the development of residential and rental real estate projects.
  • Advising Vantrust on a mezzanine and financing structure for Suksa Group.

Jara Del Favero Abogados

Jara del Favero Abogados’ expertise in real estate projects covers planning, financing, title opinions, land purchases, and regularisation issues in rural and urban areas. The team also assists with building permits (and other administrative procedures), construction, sales contracts and leases. The real estate and M&A departments are led by Sven Herlin, whose wide-ranging practice includes advising international real estate companies on their investments in Chile; and real estate project specialist Julio Trucco, who was promoted to partner back in early 2023.

Praxisleiter:

Sven Herlin; Julio Trucco


Kernmandanten

Itahue Raíces


Fucs Gestión Inmobiliaria


Inmobiliaria Las Frutillas


Coterranea Grupo Inmobiliario


Inmobiliaria Candelaria Goyenechea


Inmobiliaria Caracoles


Siom


Puerto + Arquitectura


Ararat


Tango Administración


Inmobiliaria Rodó


Petra


Agrícola Laberinto


Inmobiliaria Bilba


Highlight-Mandate


  • Advised Petra on its entry into Grupo Patio via the purchase of shares.
  • Assisting Itahue Raíce with the development of different projects, including the planning, financing and land purchases for the construction of buildings in Providencia, Vitacura.
  • Advising Inmobiliaria Las Frutillas on the development of a real estate project in Zapallar.

Morales & Besa

The real estate and construction team at full-service firm Morales & Besa advises on a range of real estate and infrastructure projects, its assistance covering both transactional and regulatory aspects. The team is additionally experienced in the drafting, negotiation and litigation of construction agreements. Clients also notably benefit from the group’s leveraging of the firm’s regulatory, tax, M&A, energy, and banking and finance expertise. The team is led by Macarena Laso, an adviser on real estate, construction, corporate law and PPPs; while senior associate Carolina Stalder assists with land-related agreements.

Praxisleiter:

Macarena Laso


Kernmandanten

ENEL Group


Enel Green Power


Constructora Ingevec


Patagonia Ventures


Patagonia Ventures Chile


Global Infrastructure Partners


Scotiabank Chile


Sonnedix Chile


Highlight-Mandate


  • Assisted Enel Group with the preparation, analysis and negotiation of the sale of Enel’s corporate building to Inmobiliaria Territoria.
  • Advised Enel Green Power Chile on the preparation, negotiation and signing of a development contract and a lease agreement.
  • Advised Global Infrastructure Partners on the amendment of a shareholders’ agreement, share purchase agreements and disclosure schedules.

Prieto Abogados

Prieto Abogados’ ‘solid team has clients’ complete trust’. The firm’s three-member real estate department advises on the acquisition, development and construction of real estate projects. Its expertise covers due diligence processes, tax planning, financing and land use, as well as the environmental, construction and urban planning aspects associate with real estate activity. Fernando Samaniego assists with the arbitration and litigation of infrastructure and real estate disputes; while the real estate practice of director and ‘top-drawer’ practitioner Alejandra Bañados focuses on the retail, energy, construction and housing sectors. At associate level, Benjamín Vicuña I is ‘a very detailed and efficient lawyer’.

Praxisleiter:

Alejandra Bañados


Referenzen

‘Knows the regulations very well.’

‘They work as a team, are up to date, and give clients the security that they have understood their issues from all angles.’

‘The team is very capable, attentive to detail and available.’

Kernmandanten

Moneda Renta CLP Fondo de Inversión


Equinox Los Andes


Concha y Toro


Engie Energía Chile


Sociedad Agrícola Huechuraba


Agrícola Nueva Huechuraba


Automotora Gildemeister


Delivery Hero Stores Chile


Mall Plaza


SBA Communication


Delivery Hero Stores Chile


Highlight-Mandate


  • Assisted Moneda (Administradora General de Fondos) with negotiations with Inmobiliaria Walker Martinez for the provision of a loan.
  • Assisting Equinox Los Andes, which serves as the representative of Nike in Chile, Peru, Bolivia, and Ecuador, in relation to a shopping centre-related lease agreement.
  • Advised Viña Concha y Toro on the negotiation of a construction contract for a twenty-floor housing building in La Cisterna, Santago.