Macquarie Asset Management. Acquisition of Class A buildings in Chile

Macquarie Asset Management. Acquisition of Class A buildings in Chile

1.       Deal Description

Guerrero Olivos assisted Macquarie Asset Management in the acquisition of 3 Class A office buildings in Chile from Credit Suisse Asset Management. The buildings are located in one of Santiago’s business districts, Las Condes, and in Providencia, one of the most important commercial hubs in the city.

 According to the local press, this is the largest real estate transaction executed by Macquarie in Latin America. The 3 buildings total 32,608 mt2 office space, 927 mt2 retail space and 984 parking lots.

2.       Counsel list

Counsel to Macquarie

Guerrero Olivos

Core team:

Partner: Martín Santa María

Senior associates: Tomás Rosemary and Macarena Montt

Associates: Benjamín Sims and Francisca Rey

Team:

Partners: Alejandro Chechilnitzky and Benjamín Ferrada

Associates: Daniela Ahumada and Pablo Escobar

Counsel to Credit Suisse

Garrigues

3.       Date of closing

31/03/2022

4.       Deal Value

Confidential

5.       Jurisdictions involved

Chile, USA and Switzerland