Philippi Prietocarrizosa Ferrero DU & Uría has represented Mall Aventura in a lease agreement for up to 159,000,000 Peruvian soles, granted by Scotiabank Peru and La Fiduciaria.
The funds will be used for the construction of a shopping centre to be located in San Juan de Lurigancho, Lima – Peru.
The advice involved the negotiation of the financing documents. Garrigues Peru acted as advisor to Scotiabank Peru.
The lease agreement is secured by a cash flow trust agreement, surface right agreements over the real estate involved in the project and a mortgage.
Diego Uribe, Fernanda Valdivia and Javier Espinoza acted as in-house lawyers for La Fiduciaria.
Garrigues Peru’s team included partner Sergio Amiel and associates Miluska Gutiérrez and Amaranta Chuquihuara.
PPU’s team comprised partner Antonio Guarniz (pictured left), together with associate Víctor Bravo (pictured right).