Of Counsel

Madrid + 34.91.520.3939

Víctor Casarrubios has more than 25 years of experience representing clients across all sectors of the real estate (RE) industry and all RE asset types.

Victor's practice focuses on acquisitions and dispositions of real estate (including asset deals, share deals, and portfolio transactions); real estate finance; RE M&A and private equity; funds, SOCIMI (Spanish REITs), real estate investment (equity and debt structures), joint ventures, and investment vehicles; distressed real estate restructuring and acquisition strategies; corporate real estate services; leases, sale, and leaseback transactions; hospitality deals; planning and administrative approvals; development, construction, property conversion, refurbishment, and related services; real estate aspects of energy, infrastructure, and mining projects; environmental law (emissions trading, land contamination, environmental liabilities in acquisitions/financing, and sustainable real estate development); and the impacts of COVID-19 on RE projects and agreements.

The clients Víctor has advised include, among others, Abrams Capital, Aldesa Construcciones, Amundi, BBVA, Banco Português de Investimento, Banco Sabadell, Banco Santander, Bankia, Bank of America, Bank of Scotland, Bridgestone, Bulgari, CaixaBank, Canyon Capital Advisors, Carval Investors, Castlelake, CBRE GI, CBRE GIP, Cerberus European Capital Advisors, Citigroup, Club de Golf Valderrama, David Lloyd, EDF, Ferro, GE Water, General Reinsurance, GMP, Golf La Moraleja, Golden Tree, Goldman Sachs International, Goodman E. Logistics Fund, Grupo Hima San Pablo, Hansteen, Helaba, Hilton Hotels, LaSalle Investment Management, Macquarie Bank, Merz Pharma, Monarch Alternative Capital, M&G Real Estate Finance, NYU, Oaktree Capital Management, Oxenwood, Pandox, Procter & Gamble, Promociones Habitat, Prudential Assurance, Recapital Invesment, Silverpoint Capital, StepStone, and Torrejón Salud.


  • MARK Capital sells European portfolio to PrologisJones Day advised MARK Capital in the €1.585 billion sale of Crossbay (by Crossbay SCSp RAIF), its specialized pan-European last-mile logistics platform, to Prologis European Logistics Fund.
  • Greystar acquires 2,500-unit flexible accommodation portfolio in SpainJones Day advised Greystar Real Estate Partners, LLC in the acquisition of a flexible accommodation portfolio of 2,500 units in Madrid, Spain, for a managed discretionary fund from King Street Real Estate GP, L.L.C.
  • Macquarie Asset Management acquires 50% shareholding in Island Green PowerJones Day advised Macquarie Asset Management ("MAM"), via Macquarie Green Investment Group Renewable Energy Fund 2 ("MGREF2"), in its acquisition of 50% of the shares in Island Green Power Limited, a UK-based renewable energy developer focused primarily on the development of utility-scale solar plants.
  • MARK Capital acquires European logistics portfolioJones Day advised MARK Capital in its acquisition of a European warehousing portfolio from Thor Equities Group.
  • Sofidy acquires Madrid office complexJones Day advised Sofidy, a leading independent manager on the real estate savings market and a subsidiary of Tikehau Capital, in the acquisition of an office complex located in Madrid.
  • Greystar Global Strategic Partners acquires BTR Resi Complex in MadridJones Day represented Greystar Global Strategic Partners I in its Forward Purchase Acquisition of a residential property in Downtown Madrid consisting of 455 units (target constructed area: 29,000 sq.m.) to be developed by ACCIONA INMOBILIARIA and operated by GREYSTAR as a large built to rent scheme.
  • CBRE obtains financing to develop building at Gran Vía 18, WOW Marketplace’s new flagship storeJones Day advised CBRE Global Investors in connection with a €40 million loan to develop the building at Gran Vía 18, WOW Marketplace’s new flagship store.
  • CBRE Global Investors disposes of Spanish logistics portfolio to BankinterJones Day advised CBRE Global Investors, on behalf of its value-add fund European Value Partners (EVP 2), and its joint venture partner Valfondo (a developer and manager of Montepino logistics assets in Spain) on the sale to Bankinter of a portfolio of 22 Spanish logistics assets, totaling 865,000 sqm, together with a development pipeline of a further 13 logistics assets.
  • Ferro Corporation sells its global Tile Coatings Business to Lone Star Funds for $460 millionJones Day advised Ferro Corporation, a leading global supplier of technology-based performance materials, in the sale of its global Tile Coatings Business to Pigments Spain, S.L., a portfolio company of Lone Star Funds, for $460 million in cash, with potential earnout payments of up to $32 million in cash based on the performance of the business pre-closing, subject to customary adjustments.
  • ACCIONA sells 31,000-square-meter multifamily residential scheme in Madrid to HinesJones Day advised ACCIONA in the sale of the completed Valdebebas 125 scheme, a 31,000-square-meter multifamily rental residential scheme in Madrid, to Hines, the international real estate firm.
  • LaSalle acquires portfolio of cash and carry stores in MadridJones Day has advised LaSalle Investment Management in its €86.5 million (US$101 million) acquisition and leaseback transaction concerning three strategic cash and carry stores and corporate headquarters in Madrid (Total GLA : 32,000 sqm), sold and operated by Makro Spain (a subsidiary of Metro AG).
  • CBRE Global with Azora and Tamerlane acquires "Heart" of Vicente CalderonJones Day advised CBRE Global Investment Partners in its acquisition with Azora and Tamerlane to acquire and develop the best two plots in the Green Corridor of Madrid Rio, owned by the Football Club Atletico de Madrid and located in the former Vicente Calderon Football Stadium premises.
  • StepStone Group forms joint venture with ActivumJones Day advised StepStone Group LP on the formation of a joint venture with Activum SG, an investor in European real estate related sectors, in connection with its investment in four residential and commercial real estate assets located in Spain and Germany.
  • LaSalle Investment Management acquires six Makro strategic cash and carry stores in Spain from Metro AGJones Day advised LaSalle Investment Management in connection with the acquisition of a portfolio of six cash and carry stores of MAKRO Spain from METRO PROPERTIES, the real estate company of METRO AG, as part of a sale-and-lease-back transaction.
  • Acciona Inmobiliaria acquires plot of land located in Valdebebas area of MadridJones Day advised Acciona Inmobiliaria S.L. from an urban planning and civil perspective in connection with the acquisition of a plot of land with a surfaces area of 11,200 sq. m located in the Valdebebas area (Madrid).
  • Greystar acquires residential property in Gran Via in MadridJones Day represented Greystar Real Estate Partners, LLC in the acquisition of a residential property located in Gran Via 48, a prime location in Madrid, comprising 100 units acquired from seven different sellers.
  • CBRE Global Investment Partners acquires 6,458-unit portfolio of Spanish residential properties for €870 millionJones Day advised CBRE Global Investment Partners in connection with its acquisition of a 6,458-unit portfolio of Spanish residential properties valued at €870 million.
  • Amundi Asset Management acquires “Portico” Building in Madrid, SpainJones Day advised Amundi Asset Management in connection with the acquisition of the “Portico” Building (a 34,500 sqm, fully let, multitenant office property located in Madrid) from UNION INVESTMENT REAL ESTATE GMBH.
  • Greystar mergers three student housing companiesJones Day advised Greystar Real Estate Partners, LLC in its merger of Encampus Residencias de Estudiantes, S.L. and Siresa Campus Noroeste, S.L., into Siresa Campus, S.L.
  • Greystar acquires student accommodation portfolio in SpainJones Day advised Greystar Real Estate Partners, LLC in its joint venture with AXA Investment Managers - Real Assets, acting on behalf of its clients, and CBRE Global Investment Partners (CBRE GIP), also acting on behalf of its clients, in its acquisition of a portfolio of 37 student residences in Spain (33 operating and 4 under development) owned by Grupo RESA (Spain's market leader in student accommodation), from Azora, Arta Capital, Banca March, and Mutua Madrileña.
  • Speaking Engagements

    • 12 de marzo de 2012
      Conceptos Básicos en la Gestión de Adjudicados, Adquisición de Activos