FIORELLA ATOCHE

Of Counsel

Practice areas
  • Mergers &Acquisitions
  • Real Estate
Education
  • LL.M. in Common Law with a concentration in International Business Law, Osgoode Hall Law School, York University, Toronto, Canada, 2025
  • Certificate in ESG, Climate Risk, and the Law, Osgoode Professional Development, Toronto, Canada, 2025
  • Specialization Program in Construction Law, Universidad Peruana de Ciencias Aplicadas, Lima, Peru, 2021
  • Diploma in Securities Market Regulation, Universidad Peruana de Ciencias Aplicadas, Lima, Peru, 2012
  • Juris Doctor, Cum Laude, Universidad de Lima, Lima, Peru, 2011
  • Bachelor of Laws, ranked 4th out of 105 students, top 10%, Universidad de Lima, Lima, Peru, 2010
Experience

Real Estate:

  • H.I.G. Capital – Advised in the negotiation and execution of 10+ long-term usufruct and lease agreements valued at USD 500 million for logistics sites in Peru and El Salvador, as part of a high-profile M&A transaction in the Andean Region and Central America.
  • Grupo Plural TV – Advised on the reorganization of operational properties for El Comercio Group and La República Group, including drafting long-term usufruct and surface contracts with purchase options and penalties (USD 70 million), and implementing real estate trusts.
  • Frontal Trust – Advised on the securitization of land and future cash flows, securing over USD 100 million in financing for a major housing project in Peru.
  • Grupo Patio – Advised on the acquisition of a USD 45 million, 12-story building with office, retail, and parking space in San Isidro, Peru.
  • Fursys (South Korea) – Advised in negotiating and executing NECs (New Engineering Contracts) to supply equipment to Hospital de Apoyo Sullana II-2 and the Peru Health Consortium (Yungay region).
  • LPG Inmobiliaria – Conducted real estate due diligence for the acquisition of a property in Pucusana, Lima, for a large-scale development project.
  • Inspired Education Group – Advised on the regularization and updating of operating licenses, ITSE certificates, and municipal permits for school premises in Chorrillos (Cambridge College Lima) and La Molina (Colegio Altair).
  • Zerga Family – Advised on the sale of 100% of Z Aditivos S.A. to Saint-Gobain, focusing on real estate and zoning matters critical to closing.
  • Acres Titulizadora – Advised on the securitization trust of Vega Economic Group (70+ retail stores), including properties and lease agreements as trust assets, with issuance of securitization bonds up to PEN 45 million.
  • Centro Educativo Altair (Inspired Education Group) – Advised on the acquisition of a property from Inversiones San Borja (Breca Group) for campus expansion in La Molina, including financing structure.
  • Aliaga 360 Building (Owners) – Advised on granting a long-term usufruct right to WeWork Perú.
  • Torre Orquídeas (Owners) – Advised on granting long-term usufruct rights over offices, storage, and parking to WeWork Perú.
  • Frío Alimentos y Logística S.A. (Wiese Group) – Advised on a long-term usufruct agreement over Red Megacentro properties in Lurín for the construction and operation of a frozen and refrigerated products distribution center.

Mergers and Acquisitions:

  • Prominent Business Entrepreneur – Advised in the partial divestment of a global food & beverage company (present in 20+ countries) for USD 50 million, structuring and executing a cross-border transaction under Spanish, Maltese, and Dutch law.
  • Alfin Banco S.A. – Advised in an equity and liquidity strengthening transaction, involving a PEN 25 million equity investment and a PEN 105 million credit portfolio transfer with participation certificates.
  • Acceso Corp. S.A. & Peruvian Investors – Advised in the acquisition of 100% of Banco Azteca del Perú from Grupo Elektra (Mexico).
  • Martínez Family – Advised in the acquisition of 40% of Corporación Hayduk from the Baraka Family, structuring acquisition financing, vessel guarantees, and a political rights trust.
  • Creation Investments Capital Management LLC – Advised in a USD 20 million equity investment in AVLA Chile, indirectly acquiring a significant stake in AVLA Perú (AVLA Perú Compañía de Seguros and Uno Capital Perú S.A.).
  • Inversiones La Rioja (Shareholders) – Advised in the USD 218 million sale of 99.97% of shares (owners of Marriott International hotel operations in Peru) via the Lima Stock Exchange to Inversiones Nacionales de Turismo S.A. (Grupo Breca).
  • Portugal Group (Shareholder) – Advised in the sale of 51% of shares to Grupo Sanfer, including a long-term usufruct agreement over factories in Arequipa.
  • Acceso Crediticio (Shareholders) – Advised in a strategic partnership with Kandeo (Colombian private equity fund), incorporating into Acceso Corp. through cash and in-kind contributions (51%/49%).
  • Edenred Perú – Advised in the acquisition of 100% of Peruana de Vales y Documentos S.A.C.
  • Creation Investments Capital Management LLC – Advised in the acquisition, through Caja Rural de Ahorro y Crédito Los Andes S.A., of 100% of Edpyme Solidaridad y Desarrollo Empresarial S.A.C.
  • Creation Investments Capital Management LLC – Advised in the acquisition, via the Lima Stock Exchange, of 75.30% of Caja de Ahorro y Crédito Los Andes S.A., including SBS authorization.
  • Albis S.A. (Shareholders) – Advised in the sale of 100% of shares (owner of “Arcangel” pharmacy chain) to Quicorp (Mifarma).
  • Grupo Wiese – Advised in a joint investment with Grupo Frialsa (Mexico) to establish Frío Alimentos y Logística S.A. for refrigerated and frozen services in Peru.
  • Grupo Wiese, De Osma Family & Inversiones Centenario – Advised in the sale of a majority stake in Hermes Transportes Blindados S.A. to The Carlyle Group.
  • Artesco & Mova Industrial (Shareholders) – Advised in the sale of 75% of shares to Staedtler (Germany).
  • Laboratorios Blufstein (Shareholders) – Advised in the sale of 90% of their stake in nine Blufstein Group companies to Unilabs (Switzerland).
  • Andino Investment Holdings & Cosmos Agencia Marítima – Advised in the sale of 100% of Files Service.
  • Fund SIGMA FI – Advised in the acquisition of Fénix Power Perú through a consortium with Colbún (Chile) and Abu Dhabi Investment Authority (ADIA).
  • Grupo ACP & IFC – Advised in the sale of 61% of Protecta S.A. to Seguros Vida Security Previsión S.A. (Chile).
  • J&V Resguardo (Shareholders) – Advised in the sale of majority stakes in J&V Resguardo, J&V Resguardo Selva, and J&V Alarmas (Liderman and Clave3) to The Carlyle Group.

contact

secretary

Laura San Miguel
T: (511) 4425100 A: 238
laura.sanmiguel@rebaza-alcazar.com

Fiorella Atoche is Counsel at Rebaza, Alcázar & De Las Casas. She earned her law degree with honors (cum laude) from Universidad de Lima, graduating 4th in a class of 105. She holds an LL.M. in Common Law with a concentration in International Business Law from Osgoode Hall Law School, York University (Toronto, Canada), where her research focused on ESG-driven M&A strategies under the 2024 EU Corporate Sustainability Directive.

Before becoming Counsel, Fiorella worked at Rebaza, Alcázar & De Las Casas from 2013 to 2023, becoming a partner in the M&A practice and co-head of the Real Estate department in 2021. Since 2018, she has led major real estate transactions, advising clients on structuring, drafting, and negotiating agreements with a high-level specialization in real estate matters.

Fiorella has extensive experience in mergers and acquisitions, corporate finance, and real estate transactions in Peru and across Latin America, as well as cross-border deals involving clients in Europe and the United States. Her practice includes advising private equity funds, real estate asset managers, multinational corporations, and family-owned businesses on complex share and asset acquisitions, divestments, joint ventures, financings, and corporate reorganizations across multiple industries, particularly in banking and finance, retail, pharmaceuticals, hospitality and tourism, and real estate.

She has completed executive education and specialization programs in ESG, Climate Risk, and the Law (Osgoode Professional Development, Toronto, Canada), Construction Law (Universidad Peruana de Ciencias Aplicadas, Lima, Peru), and Capital Markets Regulation (Universidad Peruana de Ciencias Aplicadas, Lima, Peru). She is currently pursuing accreditation before the National Committee on Accreditation (NCA) of Canada in order to be called to the Ontario Bar.

In addition to her practice, Fiorella is a member of the Canadian Hispanic Bar Association (CHBA), a student member-at-large of the Ontario Bar Association’s In-House Lawyers Committee, and a member of the Internationally Trained Lawyers Network in Toronto. She has also contributed to publications and articles on real estate law for Diario Oficial El Peruano and Gestion.

Fiorella has been recognized as Leading Corporate & M&A Partner by Leaders League (M&A LATAM 2024), Up and Coming by Chambers & Partners (Real Estate LATAM 2024), and has received mentions in The Legal 500 (2023).