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Acciona & CleverRed in Partnership to Build Middle-Class Housing

20 October 2020 – Acciona and CleverRed have created a partnership to develop middle-class housing in Lisbon, selecting JLL to market the more than 1,000 potential new homes.

Construction on the partnership’s first new project, called Priority, will begin by the end of this year in Alcântara. The two firms will renovate a building located at  Rua Prior do Crato, creating 18 new flats. The flats will be completed in May 2022.

The firms’ other projects include new builds and renovations in Alcântara, Graça and Olivais.

Original Story: Vida Imobiliária – Ana Tavares

Translation/Summary: Richard D. Turner