THE MAIN BUSINESS OF ORES PORTUGAL, SIGI IS THE ACQUISITION AND MANAGEMENT OF COMMERCIAL REAL ESTATE ASSETS IN PORTUGAL AND SPAIN.

The company has its shares incorporated for trading on Euronext Lisbon and is a Portuguese public limited company operating under the special SIGI (Sociedades de Investimento e Gestão Imobiliária) tax regime (Decreto-Lei n.º 19/2019, de 28 de janeiro, as amended).

The objective of ORES Portugal is to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Sonae Sierra will be the real estate administrator of the Socimi, with over 25 years’ experience in the field. The company is responsible for 92 shopping centres with c. 3 million m2 GLA, 41 of which are owned by them, with a value of 7 billion euros. They also have an established platform and local teams, both in Portugal and Spain.

The main objective of ORES PORTUGAL is to generate value for its clients through the long-term management of offices and commercial real estate assets, using the knowledge and experience of its administrators Bankinter and Sonae Sierra.