The transaction was carried out by the Development Department of Aguirre Newman, representing the Fundo Santa Casa 2004. This is in the centre of Lisbon, with 9,300m² of construction above ground and 6,200m² It comprises 77 apartments and 5 commercial divisions on Floors 0 and 1, which take up 4 residences.
Eduardo Fonseca, Head of Development at Aguirre Newman, comments that «the finalising of this deal is one more proof of the dynamism to be found in the property market in Lisbon, and the consequent refurbishment of the city. Given the characteristics of the project, and believing in its success and rapid sale, we are undertaking a process of structured sale (Sell Side), with simultaneous divulgation to a large range of national and international investors, thus providing the necessary transparency in a sale with these specifications, having identified an investor for the project in less than 3 months s», he explains in an announcement.
The value of the transaction has not yet been divulged.