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

Sogenial Immobilier debuts in Portugal with the acquisition of Évora Retail Park

Miguel Sena • 16/01/2024
Sogenial Immobilier, a Real Estate Fund Manager, closed its first transaction in Portugal in December 2023, in representation of a Pan-European Fund. Sogenial currently has several funds under management, totaling more than €1B. 

The fund manager starts its activity in Portugal with the acquisition of Évora Retail Park, which was owned by a banking institution, totaling ca. 8,000 m2 and leased to Worten, Sportzone, Rádio Popular and JOM, four well-known retail tenants in the Portuguese market. Located next to the only shopping center in the city, Évora Plaza, the property now acquired is part of this important commerce conglomerate for the population of Évora. 

Cushman & Wakefield (C&W) was involved in this transaction, acting on behalf of the seller. 

Sogenial was advised by PBBR, which included the work of a multidisciplinary team, led by Pedro Pinto (Real Estate). Finally, NewCycle provided technical advice on the transaction. 

Jean-Marie Souclier, President of Sogenial Immobilier, highlights the “importance of the first transaction conducted by Sogenial in Portugal. The country is increasingly presenting itself as a solid investment destination, with very interesting fundamentals. These lead us to want to grow in Portugal,  

Francisco Seabra Ferreira, Head of Real Estate for Serris REIM in Portugal, highlights that “this was an opportunity that we wanted to secure, due to the asset positioning for the city of Évora and the quality of the tenants with solid long-term contracts.” 

Tiago Pereira, Associate and Head of Retail Investment at C&W, adds that “this deal proves that, even in a more challenging context, the Portuguese real estate market continues to capture the strong interest of foreign investors with more conservative profiles and that, properties with recognized tenants on the market and long lease terms, maintain strong demand. With this acquisition, the buyer secured a property with an excellent level of operational consolidation, with a positive track record and continuous growth, as well as first -class tenant mix in the Retail Parks segment. C&W teams’ involvement went from A to Z, from the detailed analysis and preparation of the property for the market, to the successful conclusion of the transaction.” 

Media Contact

Miguel Sena
Miguel Sena

Associate Director, Head of Marketing & Communications • Lisbon

Recent News

Intelcia offices in Portugal webcard.jpg
Cushman & Wakefield responsible for modernising Intelcia’s offices in Portugal

Cushman & Wakefield was chosen by Intelcia to carry out the transformation work on their new facilities at the Espace building, in Parque das Nações, Lisbon. The project concluded with the delivery of a modern and efficient office within a record-breaking timeframe.

Miguel Sena • 11/06/2024

Cushman & Wakefield assumes the management of the Pryconsa portfolio assets in Portugal

The consultancy is responsible for managing the Palácio Sottomayor development and the Malhoa 22 building.

Miguel Sena • 03/06/2024

Italian Molteni&C arrives at Avenida da Liberdade with Cushman & Wakefield

Cushman & Wakefield was responsible for placing an Italian brand Molteni&C flagship store in Portugal, specifically at Avenida da Liberdade, no. 254. 

Miguel Sena • 28/05/2024

Ana Gomes
Cushman & Wakefield reinforces its Capital Markets services with New Business & Alternatives sector offering

This area encompasses alternative real estate assets, including health and education facilities, as well as parking lots, photovoltaic parks, and life sciences ventures. Ana Gomes, a Partner at Cushman & Wakefield since 2020, will lead this business area.

Miguel Sena • 11/03/2024

Panattoni Park Loures
Cushman & Wakefield and Savills are marketing the LISBON-CITY Panattoni Park in Loures

In Santa Iria da Azóia, the Panattoni Park Lisbon-City is set to emerge as one of the largest logistics projects in Greater Lisbon. This project, co-exclusively marketed by Cushman & Wakefield and Savills, boasts distinctive and impressive architecture. Anticipated for completion by the end of 2025, the Panattoni Park Lisbon-City aims to address the country’s current logistics needs.

Miguel Sena • 27/02/2024

Aveiro Center
Cushman & Wakefield supports Aveiro Center in relocating two Portuguese brands

Cushman & Wakefield (C&W) announces that it was responsible for relocating the Parfois and Colchões & Companhia stores at Aveiro Center, accompanied by a fresh image in both cases. In this process, C&W represented the owner, for whom it also provides asset management services.

Miguel Sena • 26/02/2024

Faro Shopping
FaroShopping is refurbished and has new spaces to let

Cushman & Wakefield (C&W) is responsible for marketing the remaining two available shops at FaroShopping, totaling an approximate area of 750 square meters.

Miguel Sena • 26/02/2024

Évora Retail Park
Sogenial Immobilier debuts in Portugal with the acquisition of Évora Retail Park

Sogenial Immobilier successfully concluded its first investment in Portugal.

Miguel Sena • 16/01/2024

Cushman & Wakefield Portugal appoints two employees for EMEA responsibilities in Sustainability and ESG

Cushman & Wakefield announces the promotion of two employees who will accumulate, in their current roles, European responsibilities in Sustainability and ESG (Environmental, Social and Governance). Ana Luísa Cabrita and Miguel Harrington Sena take on the roles of Sustainability in Asset Services Lead EMEA and EMEA Lead Sustainability Services Marketing, respectively.



Get in touch with one of our professionals.
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.

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