The biggest share about 500 million, was aimed at the Spanish market, with Thierry Julienne as consultants, one of the founder members of the management company Capital. From there, since 2013, he has bought a group of ten properties which now make up the Zambal portfolio, a socimi created in 2015, and whose annual rents come to 40 million euros, with a list of prestigious tenants including Vodafone, the Ministry of Foreign Affairs, El Corte Inglès, BMW, Día, Enagás and Unidesa.
Zambal is 95.45% participated by Altaya, a financial vehicle society based in Singapore, forming part of the Investment Business Beverage Fund (IBBF), the multinational controlled by the Castel family. The remaining capital is controlled by Loire Investment, another society linked to the Castel universe.
Simultaneously, throughout the past two years, this investor has looked towards Lisbon for investment, concentrating on some of the biggest office purchases in recent years, today being one of the main owners (in terms of area) of office assets in the Portuguese capital, including tenants such as NOS and the Ministry of Justice.
Through its financial vehicle in Singapore, the French businessman debuted on the Lisbon market in the summer of 2015 with the purchase, for 76 million, of the Torre Ocidente. In the first trimester of 2016, the deal was completed, for about 235 million, of a major judicial complex in Lisbon, Office Park Expo. More recently, in August, the purchase of the head office of NOS was completed, in the Campo Grande, for a value estimated by market sources to be in the area of between 50 and 55 million euros.