Rivercrown Sells Maxirent for €120 Million
3 February 2021 The London-based real estate investment and advisory firm Rivercrown has sold its 99.9 per cent holding in the Portuguese fund Maxirent to a listed Singaporean fund for an estimated €120 million. Maxirent’s portfolio consists of seven core and core-plus office assets in Lisbon and one prime land plot for development. The fund’s […]
BPI Sells Lime Project to Fund Managed by LX Partners for €300 Million
2 February 2021 BPI finalised the sale last week of the Lime Project portfolio of non-performing loans to LX Partners. According to an official source at the bank, which is helmed by João Pedro Oliveira e Costa, “on 27.01.21, BPI finalised the sale of an unsecured portfolio of NPLs with a total gross value of […]
AM Alpha Acquires Portfolio of Offices in Portugal
27 January 2021 AM Alpha announced that it had acquired a portfolio of offices in Portugal for an undisclosed amount. An affiliate of Cerberus Capital Management, which represents several institutional investors managed by a Hamburg-based pension fund, was on the other side of the deal. The “Beatles” office portfolio, as it is known, includes three […]
Incus Capital Sells Portfolio of Logistics Assets to M7 Real Estate
19 January 2021 – Ana Custódio Incus Capital has sold a Portuguese logistics portfolio on behalf of an unnamed investment fund to a fund managed by the M7 Real Estate group. The portfolio of seven assets has a total of 74,000 m2 of surface area. The transaction took place at the end of 2020 and […]