The news was informed by Expresso, according to which the sale was completed in October. The assets were in charge of ECS, fund recovery and management company, and belonged to the bankrupt Chamartín, which went into insolvency in 2015.
The deal includes two 16-story towers and two five-story buildings, all of which are leased almost entirely on long-term contracts to companies such as Cetelem, BPI, Manpower or British Hospital, as well as the Global Media Group. The buildings currently occupied by Galp Energia, one owned by Galp and another by Spain's Merlin Properties, are out of the business.
Pierre Castel thus has an investment of about 420 million euros in Portugal, and already owns buildings such as the Campus da Justiça, at Parque das Nações, the NOS headquarters building in Campo Grande, and one of the Torres do Colombo.