The Venture Real Estate Fund, represented by Serris REIM, has acquired 2 floors of a building destined for offices, which in total has three floors, in Paço de Arcos, in the municipality of Oeiras, for a value of over 1,700,000 euros.
DoValue Portugal communicated the sale of the 2 floors of the building. Venture Real Estate Fund is a real estate asset management company, operating in Portugal since 2017. The property sold was previously fully leased to a company in the education and health area, which contributed to its valuation and consequent attractiveness.
João Ribeiro, Director of Real Estate at doValue Portugal, indicates that the building "located in an area well served by trade and services, near the Oeiras Parque shopping centre, reference Office Parks and access to the A5 motorway, was the subject of a previous lease of its entire area to a company in the education area, which contributed to its valuation and consequent greater attractiveness". The responsible still adds that "only after, of the total placement and valued, is that the sale of the building materialised".
"This acquisition is another important step in building a diversified portfolio of assets in Portugal. These assets that we acquired fit into the fund's portfolio, characterised by quality buildings, with long-term leases and occupied by tenants with operational and financial strength. We hope to continue investing and strengthening our portfolio in Portugal", says Francisco Seabra Ferreira, Head of Real Estate - Portugal at Serris Reim.
