Blackstone sells partnership for office building in Campo Grande

Blackstone sells partnership for office building in Campo Grande

Lisbon will have a new office building: Interface North do Campo Grande, a building with more than 14,000 square metres. JLL advised on the sale of the company that will develop Interface North do Campo Grande, which was managed by Multi and owned by funds managed by Blackstone. The vehicle was acquired by companies from the Atenor group.

The project is located between the Alvalade XXI stadium and the NOS headquarters building. Gonçalo Ponces, Head of Development at JLL, states that "this company has generated a lot of interest among real estate developers as it holds the rights to build a project of great dimension and visibility, in an excellent location and for a segment where demand is especially strong, as is the case of offices. Furthermore, it proves that the current conjuncture has not cooled the appetite to invest in new projects in the city of Lisbon and that this interest is not limited to housing".

It should be noted that the value of the purchase, by companies of the Atenor group, was not revealed.

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