Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Cushman & Wakefield announces the acquisition of Liberdade 242, a core office building in Lisbon

07/02/2022

Cushman & Wakefield announced the acquisition, on behalf of AFIAA, of the Liberdade 242 building, located on Avenida da Liberdade, in Lisbon.

The asset, which was built in 1969 and refurbished in 2018, totals a lettable area of approximately 9,600 sqm divided over 12 floors, in addition to 25 private parking spaces. Almost fully leased to the insurance company Generali, Liberdade 242 is one of the landmark buildings on Avenida da Liberdade and boasts an excellent energy efficiency performance.

In this transaction, Cushman & Wakefield presented the opportunity and represented AFIAA, which acquired the property from a fund managed by Lace Investment Partners.

According to Paulo Sarmento, Partner and Head of Capital Markets at Cushman & Wakefield, “It was with great pride that we supported AFIAA in the acquisition of one of the most iconic office buildings in Lisbon. This will certainly be one of the real estate transactions of the year, considering not only the amount involved, but also the nature of the property, the tenant and the investors involved. This is Portugal playing in the “Champions League” of institutional real estate investment”.

Recent News

Jean Monnet
Cushman & Wakefield and Worx are responsible for the commercialization of 4,000 sq.m in Jean Monnet Building 1

The building is currently used as the headquarters of the European Parliament and the European Commission in the Portuguese capital.

Miguel Sena • 08/05/2024

Baltico, Lisbon, Portugal
Cushman & Wakefield mandated for the commercialization of the Báltico Building

Cushman & Wakefield (C&W) has been selected to commercialize the Báltico building located in Parque das Nações, Lisbon. 

Miguel Sena • 06/05/2024

Zeeman store
Cushman & Wakefield supports Zeeman’s arrival in Póvoa de Varzim

Cushman & Wakefield, a global real estate services firm, supported Zeeman’s arrival in Póvoa de Varzim - the fourth store of the Dutch chain specializing in basic and quality clothing and textile products at the lowest prices.

03/04/2024

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.

MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS