C&W SELLS SHOPS AND OFFICE AT ALTO DO PARQUE BUILDING

C&W SELLS SHOPS AND OFFICE AT ALTO DO PARQUE BUILDING

 

This is a mixed use development, located near El Corte Inglés, next to Marquês de Pombal and Avenida da Liberdade, until now owned by Triuva Kapitalverwaltungesellschaft, recently acquired by the Patrizia group, represented by C&W. Were now sold the stores occupied by Decathlon, Nespresso and Zilian, and an office leased to the McCann global advertising agency, as well as 101 parking spaces, to a private investor who entered Portugal with the purchase of this set.

David Lopes, partner and head of C&W's Retail Investment, explains that "this sale in Alto do Parque proves the attractiveness of this type of properties to foreign private investors looking for well-located assets with reference occupants. This is one of the many exclusive mandates we have for sales of high street retail and we are confident that the demand will remain high by 2018."

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