Real estate and construction

Developers, builders, funds and asset operators.

We advise developers, builders, investment funds, trust companies, owners and operators of retail, logistics, hospitality and residential assets.

We know the land-use planning regime of Law 388 of 1997 and the municipal land-use plans, the condominium regime of Law 675 of 2001, Law 1796 of 2016 on technical supervision and liability in construction, and the practice of the urban planning offices (curadurías), the public deeds registries and the trust companies.

We support the full cycle of the asset: title review and purchase of the lot, structuring of the vehicle and the trust, permits, construction, sales or leasing and the investor's exit. We work from Medellín and follow the planning rules of the municipality where each project is located, since those rules change from one city to the next.

How we support

  • We conduct title reviews and due diligence on land: chain of title, liens, easements, restrictions and applicable planning rules.
  • We structure the project vehicle: administration and pre-sale trusts, trust estates, companies and agreements among investors.
  • We negotiate purchase agreements, options, land-for-units swaps and contribution agreements.
  • We support building permits before the urban planning offices, partial plans and development obligations before the municipal authorities.
  • We draft and negotiate construction, design, supervision, project management and subcontract agreements, with their warranty and liability regime.
  • We advise on the marketing of housing and offices: agreements with buyers, trust instructions, advertising and warranties under the Consumer Statute.
  • We draft and negotiate leases for retail units, warehouses and offices, agreements with shopping centers and hotel operating agreements.
  • We set up and amend condominium regimes and advise property managers and boards.
  • We structure the purchase and sale of income-producing assets and real estate portfolios, including mortgage or trust-backed financing.
  • We represent parties in disputes over construction, delivery, building defects and contract termination, before arbitral tribunals and courts.

Recurring issues

  • Title risk and remediation of land defects
  • Break-even thresholds and refunds to buyers in pre-sales
  • Claims for construction defects and structural warranties
  • Schedule extensions and additional quantities of work
  • Recovery of premises and renewal of commercial leases
  • Disputes within condominiums and with property managers

Practice areas

Let's talk

Tell us the decision you have to make. We reply the same business day.

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