Viridis Real Estate makes first acquisition in Spain with legal guidance from Dentons
Deal News | Apr 09, 2025 | Iberian Lawyer
Viridis Real Estate has made its first foray into the Spanish market by acquiring a commercial asset in Málaga, formerly the city's largest Chinese bazaar, with plans to convert it into a serviced living concept to fulfill increasing local accommodation demands. Dentons, a prominent international law firm, advised Viridis during this acquisition, from initial negotiation stages to completion. The Dentons team, led by Itxaso López and supported by Manuel de Cueto and Mara Hernández, provided comprehensive legal and transactional support, facilitating Viridis’ entry into Spain.
Sectors
- Real Estate
- Legal Services
Geography
- Spain – The primary geographical focus of the article is Spain, where Viridis Real Estate is making its first investment.
- Málaga – Málaga is specifically mentioned as the location of the acquired real estate asset that is set for transformation.
Industry
- Real Estate – The acquisition of a commercial property in Málaga and its planned transformation into a serviced living space places the article squarely within the Real Estate sector.
- Legal Services – Dentons, a law firm, provided legal advice and transactional support to Viridis Real Estate, which is central to the article.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Viridis Real Estate | Buyer | Company | A real estate investor making its first acquisition in the Spanish market. |
| Dentons | Legal Advisor | Company | An international law firm that provided legal advice and transactional support for the acquisition. |
| Itxaso López | Partner | Person | A partner in the Real Estate department of Dentons Madrid, leading the advisory team. |
| Manuel de Cueto | Senior Associate | Person | A senior associate at Dentons, collaborating in the advisory process. |
| Mara Hernández | Junior Associate | Person | A junior associate at Dentons, part of the advisory team. |