QUÂNTICO AND ALBATROSS BUY CAFÉ EMBAIXADOR’S BUILDING IN DOWNTOWN PORTO

QUÂNTICO AND ALBATROSS BUY CAFÉ EMBAIXADOR’S BUILDING IN DOWNTOWN PORTO

 

Here, a new premium residential building will be born, says Graça Medina, manager at Quântico. Located in Sampaio Bruno Street, this project (which does not include Café Embaixador) will have 18 one bedroom apartments. All areas will have around 60 to 75 m². The sale was accompanied by Predibisa.

Recently, the partnership announced the acquisition of Montevideu palace, in Foz, where it will invest 18 million euro in its restoration and transformation into a luxury residence. These two real estate properties are part of Vesta Real Estate Fund’s portfolio, which will soon have new acquisitions in Portugal. Quântico/Albatross «is still looking for assets to invest in, both in Porto and in Lisbon, not only to fulfill the fund’s investment mandate, but also to start a new cycle of larger development projects directed to the domestic market», quotes Idealista. 

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