JLA Advogados and Abreu Advogados advise shopping center and hotel
Baia Mall was opened last November and had the support of Abreu Advogados in Mozambique, JLA Advogados.
Abreu Advogados and its partner office in Mozambique, JLA Advogados, provided legal advice on the implementation of the construction project for the real estate complex comprising the Baia Mall shopping center and a hotel in the city of Maputo.
The real estate, financial and corporate departments mobilized for the business had the collaboration of partners Zara Jamal, Ana Sofia Batista and Paulo de Tarso Domingues, as well as Jose Carlos Vasconcelos (Principal Lawyer), Paulino Langa (Senior Associate) Patricia Saraiva de Aguilar (Lawyer), Hugo Teixeira (Associate Lawyer), Patricia Cabral (Associate Lawyer), Sara Soares (Associate Lawyer), Elsa Sa Carneiro (Associate Lawyer), Edna Sacate (Lawyer) Isabel Pinheiro Torres (Associate Lawyer), Antonio Araujo (Associate Lawyer) and Trainee Lawyer Monica Levy and Adina Sulemane.
The new shopping center was inaugurated on 15 November next to the Maputo waterfront and represented an investment by the private fund Actis valued at USD 96 million (about EUR 78.3 million at the current rate). According to its promoters, space has the capacity to create 2,000 direct and indirect jobs.
The venture is managed by Capital Land, which has services in other parts of Southern Africa, and includes around a hundred shops and restaurants, as well as a hotel in the Southern Sun chain.
Source: JLA Advogados