Santander was the seller of Miguel Bombarda 4

Santander was the seller of Miguel Bombarda 4

According to Savills, which advised the seller in this operation, the purchase was concluded for 22.3 million euro.

This asset has a 7.230 sqm GLA spread across 9 above the ground floors, 91 parking spots and 5 underground floors.

Alberto Henriques, Senior Analyst from the Capital Markets department at the consultant, commented that «it was with great satisfaction that we closed 2019 with this transaction which assumes a significant impact on the capital’s office market».

He further pointed out that «Lisbon continues to have a very high demand from tenants who seek high quality large offices at a time when there is a lack of stock, which has made international investors keep the city under their radar and motivated new investors to enter our market, as was the case of Avignon Capital».

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