Regus’s Offices in Quinta do Lago Sold for €2MM to Fund Managed by Square AM
21 January 2021 The real estate consultancy JLL announced in a statement that it had sold Regus’s offices in Quinta do Lago to a new fund managed by Square AM, the Property Core real estate fund. The transaction was valued at approximately two million euros. According to JLL Portugal’s Pedro Lencastre, “The Private Wealth team, […]
Finangeste Opens New Office Building at Lisbon’s Rua Castilho, 50
30 December 2020 Finangeste has inaugurated a new office building on Rua Castilho in Lisbon, known as Castilho 50. The building underwent a significant renovation, with work on the façade, basements, common areas, and office floors. The building has ten floors of office, with 7,425 m2 of above ground constructed area. The building also boasts […]
Investors Increasingly Looking Towards Northern Portugal
27 November 2020 – Porto is increasingly becoming the first place that investors look, consolidating its position as a major destination for commercial investment. The most recent data from JLL’s Market 360º Porto 2020 study, show that even during the pandemic crisis, total investment in the Northern region of Portugal reached 400 million euros in […]
Increased Turnover in Tourism and Real Estate in Lisbon and Porto
24 November 2020 – The real estate markets in Lisbon and Porto are showing some positive signs as more real estate deals and more tourists have demonstrated increased optimism in the months of September and October. The data, released by Confidencial Imobiliário and the consultancy JLL, reveal that that businesses leased 11,986 new square metres […]