Norfin sells office at Greenpark for €6M

Norfin sells office at Greenpark for €6M

Norfin sold an office in the Greenpark complex in Lisbon to an international investment fund for an amount over 6 million euros.

It is a 2,400 sqm office with 60 parking spaces located in this complex, close to the Catholic University and Praça de Espanha. It was recently leased by a financial entity.

With this sale, Norfin completes the business plan it had for this asset. Daniel Lopes, Fund Manager of Norfin, comments in a statement that «this asset was the target of a deep rehabilitation that resulted from the collaboration of several technical and commercial teams involved, having allowed the revitalization of a unique asset of offices in Lisbon. In addition, the occupation of the asset will bring a dynamic of commerce and restaurants very interesting to the surrounding areas».

In this business, Worx advised Norfin, for which CBRE was also instructed, on a co-exclusive basis. Miguel Ribeiro, Capital Markets at Worx, points out that this is «an excellent business executed by Norfin. As Worx, this business is very satisfying to us, as it has allowed us to work actively with different areas of our company (Agency, Architecture and Capital Markets). A word also to the Buyer, who with this acquisition maintains its strategy of acquiring Core and Core Plus assets in our country».

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