The construction and real estate sector involve big money and major financial interests. This makes the handling of legal issues particularly important and requires vast experience in all phases of real estate projects, from tendering to possible dispute resolution.
Lexia’s customers include contractors, buyers and industry consultants/experts. Our deep expertise in construction and real estate enables us to meet the needs of clients operating in any part of the sector, providing them with practical solutions and genuine added value.
The construction sector is traditionally a litigious industry. The YSE 1998 General terms for building contracts, which govern the sector, are difficult to understand and interpret. In addition, the construction contracts have traditionally been negotiated and drawn up, often without legal advice.
Dispute resolution procedures in the construction sector require lawyers to be familiar with the law, the interpretation of the above-mentioned general terms and conditions and general practices in the sector. Knowledge of construction terminology is also a prerequisite for the successful handling of construction disputes. In addition, new practices have emerged and continue to emerge in the construction sector, where there is a complete lack of regulation. These include, for example, the Project Management Contract model or Alliance Agreements.
Lexia’s experienced construction litigation team with a wide range of specialist skills has successfully handled numerous construction disputes with up to decades of experience.
For real estate management, Lexia offers not only transactional services, but also asset management services. The asset management service is aimed at real estate owners and investors. As part of the service, real estate -specific strategies for leasing and real estate development are created, considering the potential for profit and value creation.
Lexia’s professionals lecture at construction and real estate industry events and organize regular training sessions for clients on legislation and contract practices within the sector.
