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    One of the most prestigious firms in Peru
    Over 70 years of continuous professional practice
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Real Estate

Client Alert | January 7, 2022

Peru: Conditions established for sustainable buildings in the district of Miraflores

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    Description

    Maximizing returns on investment in the global real estate industry has become increasingly challenging, as a shortage of prime assets coupled with ongoing economic uncertainty has forced investors to be more strategic about pursuing opportunities. In the next decade, investment strategies are expected to shift, with more emerging countries becoming target markets and real estate development in Asia expected to boom.

    As real estate funds and corporations pursue new investment strategies and capitalize on these trends, they need guidance from experts with on-the-ground experience and understanding of the legal issues in diverse emerging and developed markets. With 330 real estate lawyers in more than 45 countries, we have the global coverage and local market presence to serve as a single point of contact for executing real estate transactions and providing the range of services it takes to manage global portfolios.

    Ranked the "Number One Global Law Firm for Real Estate" by Euromoney for 10 years running, we know the industry hot spots and help investors optimize deal gains through sophisticated structures that balance risk with returns while mitigating real estate taxes. We also develop handbooks, online resources and legal alerts to keep clients up-to-date on industry trends and to simplify the management of global real estate investments.

    Key Contacts

    Marco Alarcon
    Partner
       Lima
       +51 (1) 618 8501
       vCard
         marco.alarcon@bakermckenzie.com
    Ricardo Canepa
    Principal Associate
       Lima
       +51 (1) 618-8565
       vCard
         ricardo.canepa@bakermckenzie.com
    Laura Francia
    Principal Associate
       Lima
       +51 (1) 618 8546
       vCard
         laura.francia@bakermckenzie.com
    Daniela Maurate
    Associate
       Lima
       +51 (1) 618 8443
       vCard
         daniela.maurate@bakermckenzie.com
    Alonso Miranda
    Partner
       Lima
       +51 (1) 618 8532
       vCard
         alonso.miranda@bakermckenzie.com
    Patricia M. Ostolaza
    Of Counsel*
       Lima
       +51 (1) 618 8538
       vCard
         mariana.ostolaza@bakermckenzie.com

    Publications

    Client Alert | January 7, 2022
    Peru: Conditions established for sustainable buildings in the district of Miraflores
    Client Alert | January 4, 2022
    Impact of the amendments to the Municipal Tax Law and the Urban and Building Permits Regulation Law
    Newsletter | March 4, 2020
    Investment & Real Estate
    February 2020 | Spanish content
    Newsletter | February 3, 2020
    Investment & Real Estate
    Spanish content
    Client Alert | December 16, 2019
    Due date of indefinitely granted ITSE Certificates approaches
    Spanish content
    Client Alert | December 12, 2019
    Updates on the Regulations of Act No. 29090
    Spanish content

    News

    News | July 24, 2020
    Estudio Echecopar advises FIBRA LVC II in the sale of a premium office building to Grupo Patio
    News | July 24, 2020
    Estudio Echecopar advises FIBRA LVC II in the sale of an industrial site in Callao to Peruvian Port Terminals
    News | July 24, 2020
    Estudio Echecopar advises FIBRA LVC II on leasing offices to Enel Group
    News | September 17, 2019
    New Collateral Security Regulations
    Spanish content

    Acknowledgments

    • Chambers & Partners
      Practices202120222023
      Real EstateBand 4Band 4Band 3

      Testimonials

      Band 3: Chambers and Partners — 2023

      Estudio Echecopar - Baker McKenzie is a noteworthy firm that showcases skills handling real estate issues related to usufruct and lease agreements. The team is experienced dealing with the acquisition and repurposing of distressed real estate assets. The department also advises on municipal matters, such as regularisation of titles and obtaining permits. Naima Montiel and Paramount Pictures are notable additions to the firm's client roster.
      Strengths "Estudio Echecopar - Baker McKenzie has a very efficient and proactive team with extensive knowledge of the real estate market and its regulation."Work highlights Estudio Echecopar - Baker McKenzie assisted Sensient Natural Colours Peru with obtaining its licence and safety certificates for its premises.

      Band 4: Chambers and Partners — 2020

      "They exceeded our expectations in all legal and commercial matters," with another explaining: "All their lawyers are well known and specialised in different practice areas. They are lawyers with experience."

    • The Legal 500
      Practices202120222023
      Real EstateBand 3Band 3Band 3

      Testimonials

      Band 3: The Legal 500 — 2023

      Clients appreciate the ‘100% dedication and efficiency' at Estudio Echecopar member firm of Baker McKenzie International, which typically advises on sophisticated real estate financings on behalf of banks and investment funds. Practice head Marco Alarcon Piana's ‘attention-to-detail and personalised treatment greatly differentiates the team' from market peers, with other areas of coverage involving municipal license handling and public or urban law. To this end, Jorge Danos is currently defending the Real Plaza shopping centre in Lima regarding its land use designation against the National Superintendency of Public Property. Alonso Miranda and newly promoted of counsel Enrique Johanson are additional key practice contacts.

      ‘The multidisciplinary team is exceptional. Advice from the different teams generates an ideal scenario for decision-making. The team provides a very clear scheme of opportunities and risks. 100% dedication and efficiency.’

      ‘The firm’s lawyers stand out for their personal qualities, experience, rectitude and knowledge of the field. Marco Alarcón has nearly three decades of experience in the market and has the ability to put together extraordinary teams. He is accurate and very executive.’

      ‘The team has extensive knowledge of the sector and pays great attention to the relevant details of the transactions in which they have advised us.’

      Band 3: The Legal 500 — 2019

      Delivers a "combination of commitment, professionalism and reputation" to developers, funds, lenders and public and private companies.

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