PLMJ Advogados, SP, RL

A Multidisciplinary Vision

Real Estate & Construction

PLMJ’s real estate team consists of around 20 lawyers spread between PLMJ’s offices in Lisbon, Oporto and Faro. Over the years this team of lawyers has consistently been considered as one of the best and most experienced working in real estate and it is recognised in Portugal and abroad as a leader in advising on real estate operations in Portugal.

The work of the lawyers that make up PLMJ’s real estate team encompasses all aspects of real estate and corporate real estate, from dealing with every aspect of the disposal of real estate assets to structuring and negotiating a full range of real estate operations. These operations include forward funding contracts, turn-keys, guaranteed income acquisitions, sale and lease back, forward purchase, real estate due diligence, structuring of real estate company groups, real estate investment funds and operations involving institutional investors.

PLMJ’s real estate lawyers are highly experienced in negotiating all types of real estate contracts relating to rights of use of real estate assets. In particular our lawyers handle contracts related to the use of retail units in shopping centres and retail parks, residential and commercial letting agreements, land use leases and contracts for the transfer of existing business establishments. The real estate team also provides legal support in a wide variety of planning and land registry matters, including the subdivision of land and buildings, land consolidation and severance and horizontal property issues. In general terms, the team handles all issues relating to the establishment and registration of rights of ownership and other rights over real property.

PLMJ’s real estate team offers unique experience in implementing real estate operations in Portugal which are tailored to suit the client’s home jurisdiction. The support provided includes advising a range of German real estate investment funds on structuring real estate operations and the subsequent implementation of restrictions arising from German Law. The team is also experienced in handling the restructuring and implementation in Portugal of Islamic investments governed by Shariah Law. Standing out amongst our many other projects is the adaptation of the Ijara structure to comply with Portuguese legislation.

Our real estate lawyers also have the know-how to provide legal support at every stage - acquisition, planning, construction, development, letting and sale - of a full range of real estate projects. Our experience encompasses shopping centres, residential developments, business and retail parks, hotels, tourist developments, industrial units and infrastructure. We also handle all issues relating to leisure or sporting developments such as theme parks and golf courses and we have an in-depth knowledge of the judicial, contractual and legal intricacies of every type of real estate asset.

PLMJ’s real estate experience comes from working with Portuguese and international clients, the latter principally in Angola and Mozambique. Our clients come from both the public and private sectors and include a number of the leading companies in the real estate, construction, tourism, hotel, theme park and retail sectors. Among others, we act for developers, investment funds, hotel groups, industrial and commercial companies and private entrepreneurs.
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