PT - Office Park Expo sold to an international investor
Office Park Expo was sold to an international investor. The Portuguese team of the CVO Group supported the buyer with technical and environmental due diligence services.
The property was partially owned by the Portuguese pension fund Caixa Geral de Depósitos (CGD).
Office Park Expo, located in the Parque das Naçoes district of Lisbon, is a modern office park complex with approx 182.000 m² of GCA. It was built in 2008. It encompasses 10 buildings and 5 underground parking floors. Among the property users is the Ministry of Justice of Portugal. There is a retail fraction, which is leased to El Corte Ingles. The property's investment value is around EUR 223 million.
Based on an article by Journal do Negocios of March 2016.