C&W COMMERCIALIZES PORTFOLIO OF CAIXA GERAL DE DEPÓSITOS

C&W COMMERCIALIZES PORTFOLIO OF CAIXA GERAL DE DEPÓSITOS

 

The set of assets includes the well-known Pombaline block rebuilt in the 60s, with a total of 13,000 m². The portfolio also includes a land for development on Avenida João XXI, next to the headquarters building of CGD, with 1,264 m², classified as Central and Residential Area in PDM of Lisbon. Here it can raise a residential project with more than 7,000 m² of construction above ground.

Note also to another plot in Telheiras, in front of the facilities of the Hospital da Marinha, with 8,100 m². It is integrated into the Urban and Residential Central Space to Consolidate, according to the PDM, and can host a residential project.

Ana Gomes, partner and director of Development and Renewal of C&W in Portugal, explains that "this is a rare opportunity to renewal a building marked by its position and background in the historical center of the capital; and on the other hand, the constitution of a future development grant with great potential for residential development in strategic locations of the city. The market is very aware of opportunities for acquiring high quality real estate and whose conversion or promotion may result in attractive projects, creating new dynamics and activities for the benefit of residents and visitors.”

Starting this July, the processes of commercialization of the properties foresee its sale until next October.

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