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Évora Retail Park Sells for €6.1 Million

January 31, 2022 – Ana Custódio

The new owners, a Brazilian family office,  will add a further 2,000 square metres for new shops.

Located in Évora, the Retail Park has been sold to Brazilian investors. According to the Jornal Eco, the Évora Retail Park shopping centre has around 6,000 square metres, was opened in 2011 and has now been acquired by Europar Investimentos & Participações from M7 Real Estate for €6.1 million.

Europar Investimentos & Participações will add an additional 2,000 square metres for new shops. The asset, acquired by a family office in Brazil, is 100% occupied and has AKI, Hôma and Feira dos Sofás as its main tenants. The transaction, which was finalised in September last year, has only just come to light. However, according to the newspaper, Europar has already sold part of the property.

Read the full article in Portuguese

Translation: Richard D K Turner