Ludmila Arruda Braga

Real Estate

"Ludmila has been very prompt, efficient and solution-oriented during the entire transaction. We have had a wonderful experience with her and will certainly reach out for help with respect to any future assignments. She is an experienced and knowledgeable lawyer."
Chambers Brazil, 2023

Visión general

Real estate clients can benefit from Ludmila Braga’s broad-ranging practice encompassing all aspects of transactional real estate, including formation of real estate joint ventures, funds and real estate financing. Ludmila Braga has a reputation as a reference in advising funds, their managers and key quotaholders in fund structuring and formation in all key real estate industry verticals, as well as in advising in M&A transactions of all types in the real estate sector, as well as in advising in public offers, privatization transactions and distressed real estate, comprising various asset classes, such as residential, multifamily, industrial, office, logistics, mining, agribusiness and infrastructure.



  • The BNDES as a member of the Eletriza Consortium to provide legal advice on technical services for the structuring and implementation of Furnas Centrais Elétricas S/A – FURNAS Divestment Plan – which will cover more than 230 real estate assets. We are responsible for advising BNDES and FURNAS on all real estate, capital market and regulatory matters involving legal feasibility studies and the implementation of alternative structures to be adopted by FURNAS.
  • Developer Planta Inc. in the acquisition of a real estate company (Araucaria Development Participações Ltda), owner of three historic buildings in the center of São Paulo and another real estate company (Mogno Empreendimentos Ltda) which also owned another historic building in the center of São Paulo downtown, from Fundo de Investimento Imobiliário – Mahogany Real Estate Impact Development.


  • Recognized as Next Generation Partners in Real Estate – The Legal 500, 2022-2024
  • “Ludmila Braga is a key contact for institutional investors in relation to real estate joint ventures, funds and financing.” – The Legal 500, 2024
  • Recognized in Real Estate – Análise Advocacia, 2024
  • Mentioned as Excellent in Real Estate – Leaders League Brazil, 2023-2024


  • Tsinghua University, Financial Leaders of Tomorrow, Summer Course (full scolarship)
  • New York University, Adaptive Leadership and Business Development
  • University of São Paulo (USP), MBA, Real Estate - Sectoral Economy and Market
  • Fundação Getúlio Vargas (FGV/SP), Extension in Corporate Law
  • Fundação Getúlio Vargas (FGV/SP), “Dealing with the United States: US Business Law in International Transactions”
  • Paris Dauphine University, Paris XVI, “Droit des Entreprises” – Droit des Enterprises (courses of Master 1 and 2)
  • ESA - Escola Superior de Advocacia, Environmental Law
  • Universidade Federal do Paraná - UFPR, Bachelor of Law (JD equivalent)


  • Brazil


  • Portuguese
  • English
  • French
  • Spanish
  • Mandarin

Participación Profesional y Comunitaria

• Member, Latin America Chamber of Commerce (LatamCham), Singapore