Acciona Inmobiliaria Sells 42,000-m2 Plot of Land in Olivais to Acciona Inmobiliaria

1 November 2019 – Acciona Inmobiliaria has finalised the acquisition of a 42,000-m2 plot of land from Estamo, Portugal’s state-owned property company, for 38 million euros.

While half of the land is slated for green areas, there is still another 71,000 square meters of buildable area. Of that, 50,000 m2 will have a residential development, while Acciona will use the rest for a hotel or offices.