Alderan, the administration firm, has been strengthened by the acquisition by Activlmmo of varied industrial and logistics property. Activlmmo lately acquired an asset in Guadalajara for round EUR 9 million. M&B Abogados suggested Alderan all through this acquisition, as they’ve completed since 2018.
“We conceive our dedication as going far past transactional authorized help, as we additionally act as ‘interpreters of mentality’ and comparative regulation specialists for our non-Spanish shoppers”
Q&A with Marti Blancho
Are you able to inform us extra about this venture and what function you and your workforce at M&B Abogados performed in its completion?
Since they determined to increase their actions in Spain (i.e., in 2018), we’ve got been advising the technique asset administration firm, Alderan and its actual property funding belief, ActivImmo. This actual funding fund focuses on logistics property, and its presence in Spain has been tremendously strengthened between 2022 and 2023 with the acquisition of varied property all through the nation.
The newest transaction on Iberian soil wherein we assisted ALDERAN was the acquisition of an asset in Guadalajara (Castilla la Mancha) for about €9 million. We’re significantly proud to have supported such a prestigious and profitable firm all through the acquisition course of, which ranged from an in-depth due diligence course of to the negotiation of all of the contractual paperwork.
We conceive our dedication as going a lot past transactional authorized help, as we additionally act as a “mentality interprets” and comparative regulation specialists for our non-Spanish shoppers; we take satisfaction in fostering enduring relationships by guiding our shoppers seamlessly by all the acquisition course of, and thru all the following post-closing steps.
In what approach does this operation replicate the core options of your online business?
M&B Abogados focuses on worldwide enterprise regulation, with a powerful actual property follow. We’re a boutique regulation agency, with all of the “conventional” departments: M&A and company, employment regulation and tax regulation. We’ve got additionally developed our administrative and concrete improvement regulation areas, primarily in help of our M&A and actual property practices.
In Spain, our core enterprise facilities round aiding international traders with their enlargement within the nation. We carry out many actual property transactions, in a rustic the place the function of the lawyer is crucial in each step of the transaction, way more so than in different nations the place Notaries are extra proactive. Our goal are mid-market offers, and we principally act on behalf of consumers which are both actual property trusts, actual property funding corporations, household workplaces or, much less incessantly, people.
In such operations, we construct a workforce of legal professionals with completely different specializations and completely different ranges of expertise. For the previous couple of years, we’ve got been utilizing venture administration strategies and digital instruments to extend the effectivity of the workforce by facilitating inside and exterior communication, the interdepartmental dealing with of authorized points, assembly deadlines and respecting the extent of charges agreed with our shoppers. These strategies permit us to adapt our work, our technique, and our function to the specifics of the deal and the expectations of our shoppers. We’ve got additionally developed the capability of the agency to cope with a number of transactions without delay, and to diversify our provide.
Nevertheless, we additionally advise on extra conventional M&A and company transactions in numerous sectors as biotech, media, digital economic system, vitality, meals, and drinks, and so forth. In these transactions, we clearly use the identical ideas to supply our shoppers with the identical degree of effectivity. However I’ll let you know extra about this side of our follow after we concentrate on a future non-real property transaction.
How do you see the occupation of lawyer?
On the coronary heart of our dedication is the utilization of authorized instruments to serve our shoppers’ operational aims, and the understanding that we legal professionals have a non-negligible however non-fundamental function as advisors. Our shoppers are businesspeople who take their choices primarily based on many alternative components. I’m satisfied the lawyer should facilitate the decision-making by indicating the dangers, if any, exhibiting the simplest approach from a authorized perspective, drafting the mandatory contracts, and main the negotiations.
We’re at our shoppers’ aspect, not in entrance of them, and never behind. For my part, one of many important qualities of a lawyer is attentive and proactive listening. To our shoppers, in fact, in the beginning, but in addition to the opposite actors in a transaction. Listening results in understanding and understanding gives clues to helpful agreements.
I’m additionally aware that legal professionals are service professionals, and that our shoppers are completely entitled to count on a top-quality provision from us, with an ever-open communication channel, written paperwork which are sensible, to the purpose and legally sound, together with strong widespread sense and an understanding of the enterprise atmosphere. As our shoppers’ long-lasting associate, I have to have a radical overview of their particular exercise; not solely of the sector they work in, but in addition of the specifics of their relations with their monetary companions, completely different stakeholders, and so on.
In our occupation, each case is exclusive, and we should adapt our technique and strategies to the endless complexity of life. That’s the reason it’s such an intellectually stimulating and gratifying occupation.