Paloma Alcón

Paloma Alcon

Associate
Baker McKenzie Madrid S.L.P.

Biography

Paloma Alcón is a team leader in the Real Estate Law Department of Baker McKenzie Madrid. She has more than 14 years of experience advising national and international funds in complex transactions involving the acquisition, sale, lease and construction of real estate assets, including logistics, commercial, residential, healthcare, student housing, and offices.

Prior to joining the Firm, Paloma developed her career in multilateral organizations and international firms, including the Inter-American Development Bank in Washington D.C., Unibail-Rodamco and Deloitte.

She combines her practice with a solid academic background. Paloma has completed graduate studies at Georgetown University (LL.M.) and IE Business School.

Paloma is recognized for her strategic vision, her ability to manage in demanding environments and her results-oriented approach. Clients and colleagues highlight her closeness, commitment and deep knowledge of the real estate market. She has also been recognized in the Legal 500 directory as a Leading Associate in the Real Estate department (2025).

Practice Focus

Paloma Alcón focuses her practice area on real estate law, advising national and international funds and investors in transactions involving the acquisition and transfer of real estate assets and companies, financing, sale and lease back, legal due diligence processes and regularization of the legal and registry status of real estate and assets, as well as real estate leasing and construction contracts.

Representative Legal Matters

  • Advice to an international fund on the acquisition (and subsequent sale) of a portfolio of 37 logistics assets in Spain.
  • Advised Global Student Accommodation (GSA) on the competitive process for the sale of three student housing in Spain (through a share deal).
  • Advised Bestinver, Acciona’s investment fund manager, on the acquisition of (i) the Antiguo Hospital Xeral in Santiago de Compostela with the aim of transforming it into student housing; and (ii) a senior living project located in Santa Pola, Alicante.
  • Advice to a national client on the sale and leaseback of 60 commercial units and of four of their largest logistics platforms in Spain, through a competitive process.
  • Advice to an international client on the acquisition of three senior operating care homes and of four development projects devoted to senior care homes located in Spain, through a competitive process.
  • Large experience in the acquisition and in the sale of shopping centers located in Spain, for different types of investors (national and international). Specifically, advice to an international fund on the sale and transfer of eight shopping centers located in Spain.
  • Advice to a leading technology company on expanding operations and modifying existing leases for store and offices in Spain.

Professional Honors

  • Leading Associate, Real Estate and Constructions, Legal 500 (2025)

Professional Associations and Memberships

  • Madrid Bar Association - Member

Admissions

  • Madrid~Spain (2008)

Education

  • Georgetown University Law Center (2014)
  • Instituto de Empresa of Madrid (Master of Business Law) (2008)
  • Universidad San Pablo CEU (Bachelor's in Law) (2007)
  • Université Bordeaux Montaigne (Fourth year Law degree) (2006)

Languages

  • English
  • French
  • Spanish
  • Author, "A New Real Estate Market Program," (IE Law School Executive Education), Madrid, Spain, 2017
  • Speaker, "International Contracts and Sales Law seminar," Georgetown University, 2014
  • Speaker, "Legal Project Management seminar," Instituto de Empresa, 2012