Prime Partners with Yeldo for Cascais Luxury Villas Development
Deal News | Jun 03, 2025 | Iberian Lawyer
The law firms DWF and Cuatrecasas have provided legal advice for a joint venture aimed at developing an upscale residential complex in Cascais, Portugal. Prime, a key player in the high-end real estate sector across Portugal and Spain, will see the project through over an expected three and a half years, including the construction and marketing of luxury villas. DWF advised Yeldo, a European capital market group, in their investment with a preferred capital structure valued at 5 million euros for the project. Legal oversight was conducted by a team from DWF's Italian and Portuguese offices. Concurrently, Cuatrecasas acted for Prime, with their Lisbon office providing local legal consultation.
Sectors
- Real Estate
- Legal Services
Geography
- Portugal – The joint venture is based in Cascais, Portugal, where the luxury residential project is set to take place.
- Spain – Prime operates in the high-end real estate sector across Portugal and Spain, indicating some geographical relevance.
- Italy – The Italian office of DWF coordinated legal advice, demonstrating Italy's involvement in the project.
Industry
- Real Estate – The article focuses on a joint venture project for developing a residential complex, indicating significant real estate activity.
- Legal Services – DWF and Cuatrecasas, both law firms, play a key advisory role in the structuring of the joint venture, highlighting the involvement of legal services.
Financials
- 5 million euros – The preferred capital structure amount invested by Yeldo in the project.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Prime | Developer | Company | Prime is a firm with significant activity in the high-end real estate sector in Portugal and Spain, leading the development of the residential complex. |
| Yeldo | Investor | Company | Yeldo is a European group specializing in raising capital for institutional real estate transactions. |
| DWF | Legal Advisor to Yeldo | Company | DWF is a law firm providing legal advice and coordinated the legal strategy for Yeldo's investment in the project. |
| Cuatrecasas | Legal Advisor to Prime | Company | Cuatrecasas is a law firm acting as a legal advisor for Prime in the joint venture project. |
| Nobre Guedes Sociedade de Advogados | Local Legal Advisor | Company | Member firm of the DWF group handling Portuguese law aspects. |
| Luca Lo P | European Partner In Charge of Financial Regulation Practice | Person | European partner at DWF leading the financial regulation practice. |
| Massimo Breviglieri | Counsel | Person | Counsel at DWF involved in the legal advice for the project. |
| Luís Nobre Guedes | Partner | Person | Partner at Nobre Guedes Sociedade de Advogados, handling local legal matters. |
| Nuno S Carvalho | Legal Advisor | Person | Part of Cuatrecasas's team providing legal advice for Prime. |
| Joana Trigo | Legal Advisor | Person | Part of Cuatrecasas's team providing legal advice for Prime. |
| Rita Guerra Alves | Legal Advisor | Person | Part of Cuatrecasas's team providing legal advice for Prime. |