PT - Sonae Sierra has completed the selling of Torre Occidente office building in Lisbon

Sonae Sierra has completed the selling of Torre Occidente office building in Lisbon (Portugal). The Portuguese team of CVO Group supported the undisclosed buyer with technical and environmental due diligence services.

Sonae Sierra acted together with Iberdrola Inmobiliaria, Grupo Caixa Geral de Depósitos, and CBRE Global Investors.

The Torre Occidente comprises of 14 floors and 29.000 m2, and its construction was completed in 2011. Torre Occidente is fully let to (among others) BNP Paribas Group, Sonae Sierra, Lilly Portugal, Manpower Group Solutions, WS Atkins. The building is set within the so called Colombo development complex which also comprises the Colombo Shopping Centre.

Based on an article by Expansion of August 2015.