Real estate investments that create value
Our real estate practice, which is actively involved in developing new businesses, took part in the growth and expansion plan to significantly increase the number of outlets of an important multinational supermarket chain with more than 500 stores in Colombia and outlets throughout the Andean region. By integrating our legal solutions with financial analysis and providing practical support, our firm expedited the negotiations, due diligence, land purchase and procurement of building permits required to undertake this expansion strategy. Consequently, our legal and business advisors leveraged the investors interested in profitable real estate projects with well established companies, as well as taking part in the expansion plan of one of the most promising multinationals in Colombia.
Based on rigorous data analyses of economic and demographic trends, the real estate investments were properly structured, thereby yielding positive results for all interested parties, including the investors, who sought our legal and financial advice.
Among the main accomplishments of our work are the following:
〉Finding suitable investors and developing the investment mechanisms, fitting all the parties involved in the process.
〉Compliance and due diligence throughout the negotiations, including the appropriate revision and approval of contracts and joint ventures.
〉Legal checks prior to land acquisition to assess there were no limitations to the rights of ownership on the properties purchased and that there were no legal risks in the transactions.
〉Procurement of the construction licenses for the development of the required stores and infrastructure, in accordance with the provisions of the local zoning ordinances.
〉Compliance with investors' expectations regarding estimated profitability, legal conformity, and capital gains based on the valuations of real estate properties.