PT – NOS Building in Lisbon sold to international fund
The so-called NOS office building in Lisbon was sold to an international investment fund. The Portuguese team of the CVO Group supported the buyer with technical and environmental due diligence services.
The vendor, Multi Corporation, developed the blue chip property in 2012.
The building, located in Campo Grande district of Lisbon, is an eight-floor modern office building with approx. 15.000 sqm LFA and three underground car park levels. The building is part of a larger development in the area around the Alvalade XXI Stadium. This is a prime location along the ‘Segunda Circular’, Lisbon’s main ring road.
The main tenant is NOS, one of the leading telecommunication operators in Portugal. There are retail units at ground floor level.
Based on an article by Multi of 4 August 2016.