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Clifford Chance

Clifford Chance
Carlos Portocarrero de las Heras

Carlos Portocarrero de las Heras


Carlos Portocarrero de las Heras

Carlos Portocarrero de las Heras specialises in joint ventures, bidding process, sale of portfolios and acquisitions of real estate companies.

Carlos represents institutional investors, funds, financial institutions and a variety of other international real estate investors.

  • Coordinated review of 200,000 assets from SAREB, the largest real estate due diligence ever.
  • Advising on design, structuring and execution of the EUR€4.4 billion sale and lease back of 2,000 properties of Banco Santander in Spain (real estate deal of the year in Europe and the largest real estate transaction ever in Spain)
  • Advising on the "Foster Tower" deal
  • Advising BBVA on sale and leaseback and transactions such as the acquisition of shopping centres (Maquinista, Diagonal Mar and Parquesur)

News and client work

View all news and client work featuring Carlos Portocarrero de las Heras

Contact details

Career and qualifications

  • Universidad Autónoma de Madrid (Law) 1987
  • ESCP (Paris/Madrid), MBA International Business 1990
  • Regular publisher in financial and legal press such as Expansión and Cinco Días
  • Partner at Clifford Chance since 2002

Awards and citations

  • "Carlos Portocarrero is known for his excellent corporate real estate work. Commended for being client-oriented and personable, interviewees describe him as "splendid, a very reliable lawyer with fantastic technical skills and very good manners." He recently advised Bankia on the prospective sale and leaseback of a EUR400 million portfolio of real estate assets."
    Chambers Europe: Spain, Real Estate (Band 1)