Experienced sponsors well connected with local top-rated realtors who have extensive experience in the Lisbon residential market. The sponsor is looking for a financial solution to secure the acquisition of 3 apartment complexes in prime locations in the city of Lisbon, Portugal.
Acquisition of 58 new apartments in the high-end quality segments and sale by the unit.
Sales prices have been validated by Jones Lang LaSalle (JLL). A significant proportion of the apartments are already sellable off-plan. Since August, around 15M€ in revenues have already been made from the company portfolio. It is expected that with the model apartments being ready, sales will accelerate, surpassing the current pace.
