We advised JPMorganChase on the most significant corporate lease transaction in Argentina in the last 20 years

Bruchou & Funes de Rioja advised JPMorganChase on the negotiation of the lease agreement for an entire office building located in Centro Empresarial Núñez (CEN), a prime location within the northern corridor of the City of Buenos Aires. The building, developed by RAGHSA comprises a total surface area of 23,000 square meters. JPMorganChase will occupy more than 20 floors, reinforcing its presence in the country, where it already employs over 3,800 people.

Furthermore, as part of this transaction, JPMorganChase agreed to temporarily extend and expand its lease at Belgrano Office, as well as to lease approximately 7,500 square meters at Centro Empresarial Libertador (CEL), both properties owned by RAGHSA.

This transaction marks a milestone for the local office market and stands as the most significant corporate lease transaction in the last 20 years due to its scale, further consolidating the northern corridor of the City of Buenos Aires as a strategic business hub.

Bruchou & Funes de Rioja’s Real Estate Department advised JPMorganChase through a team led by partner Exequiel Buenaventura, along with senior associate Federico Vicente and associate Santiago Cleti García.

The internal legal team at JPMorganChase was led by Yanina Odriozola, Vice President and Assistant General Counsel, Paula Bressan, Executive Director and Assistant General Counsel, and Mariana Álvarez Gaiani, Managing Director and General Counsel for Argentina, Bolivia, Uruguay and Paraguay at JPMorganChase.

Nicholson y Cano advised RAGHSA through its Real Estate Department, led by partner Agustín Pérez Cambiasso, along with senior associate Silvia Haurie and associate Augusto Seguetti. In addition, Juan Pablo Morad, Director at RAGHSA, acted as in-house counsel in this transaction.