spot_img
Wednesday, November 29, 2023

DLA Piper, Uría, Clifford advise on Elix´s RE acquisition from Testa

DLA Piper has advised Elix Vintage, a SOCIMI owned by Allianz Real Estate -advised by Clifford Chance on Tax matters- acting on behalf of several Allianz group companies, on the purchase of a real estate complex in Madrid from Testa Residencial SOCIMI, advised by Uría Menéndez for €185 million

-

The complex consists of eight freehold buildings and a co-ownership interest in a ninth building, all of which are for residential and commercial use and are located on Félix Boix, Doctor Fleming and Carlos Maurrás streets in Madrid. The properties adjoin the Castellana 200 shopping and office centre, owned by Allianz.

DLA Piper’s multidisciplinary team advising on this transaction comprised Orson Alcocer, partner in charge of the Real Estate practice, Ángel Maestro, senior associate, and Julia Fernández, Alejandro Márquez, Carlos Sánchez and María Granados, associates in the Real Estate department. Also participating from the Corporate/M&A department were Joaquín Echánove, partner, Francisco Bachiller and Ana Izquierdo, senior associate and associate respectively. Jesús Palencia, of counsel, advised on the Capital Markets aspects of the transaction.

Orson Alcocer, partner in charge of Real Estate at DLA Piper, commented: “Through our multidisciplinary team, dedicated to the real estate sector, we will be delighted to continue accompanying major investors in their investment strategy.”

Uría Menéndez advised Testa with a team formed by Real Estate & Planning partner Fernando Azofra, Tax partner Víctor Viana, Real Estate & Planning senior associate Javier Villanueva, Tax senior associate Cristina Puerta, and Real Estate & Planning associates Rafael Castillo and Víctor Vecino.

Pablo Serrano de Haro

On the other hand, Clifford Chance’s Tax team advised Allianz Real Estate on the tax aspects of the acquisition. The team was led by partner Pablo Serrano de Haro, and counted on associates Julia Villalón, Fernando Escribano and Marta Rodríguez.

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

Multi-law firm advice on Brown‑Forman´s acquisition of Gin Mare

Brown‑Forman Corporation has announced its agreement to purchase the Gin Mare brands from Vantguard and MG Destilerías. Upon completion of the transaction, Brown‑Forman will...

CC advises QuironSalud on sale of hospital in Peru

The divested portfolio consists of QuironSalud's stake in the flagship hospital Clínica Ricardo Palma located in Lima. Entities of the Verme family, who currently...

Deloitte Legal advises Saoyama on the sale of Aldiana Fuerteventura

The hotel division Der Touristik of the German food company Rewe acquires the Aldiana Club Ampflwang in Jandía (Fuerteventura), in one of the most...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: