12 Oct, 2011
Salans Expands Madrid Office with a Real Estate Finance Partner Hire
International law firm Salans has appointed Jesús Varela as a Partner in its Global Real Estate Group. Varela will be based in the Madrid office. He will also be a member of the Firm’s Banking and Finance, and Reorganisation, Restructuring and Insolvency Practice Groups.
Jesús Varela joins Salans from Linklaters, where he was also Partner. He has more than 15 years of experience in advising both Spanish and international clients on complex real estate financing and refinancing transactions, debt restructurings, acquisitions and disposals in virtually all major real estate sectors, including offices, retail, industrial and logistics. He also advises private equity funds and major corporations on joint ventures and shareholding agreements. The legal directory Chambers Europe (2011 edition) describes him as “one of the leaders when it comes to applying property law to big finance transactions”.
Varela joins Salans from Linklaters with two associates. He commented: “I am excited to join Salans’ Madrid office and its excellent Global Real Estate Practice. This role embraces my passion for working on complex real estate cases across a number of key jurisdictions. I look forward to making a contribution to Salans’ continued expansion in Spain and its experienced Real Estate team.”
José María Buxeda, Managing Partner of Salans’ Madrid office, said: ”I am delighted to welcome Jesús Varela and two associates to the Madrid office. Their expertise and strong reputation will significantly strengthen Salans’ position in Spain and the global real estate market in the years to come.”
Evan Z. Lazar and Eric Rosedale, Co-Chairmen, of Salans’ Global Real Estate Group, commented: “This hire underlines our strategy to continue to build our market profile and capacity in Western Europe. Jesús shares many of our Group’s clients, and his finance and restructuring expertise should be invaluable during this challenging phase of the real estate banking and finance cycle inside and outside of Spain.”