6 May 2020 – The Entreposto Group has sold a light industrial asset, to an unnamed Portuguese investment fund for an undisclosed amount. The real estate consultancy CBRE, which acted on behalf of the seller, announced the sale.
Located in the Feijó Industrial Park in Setúbal, Greater Lisbon’s main automotive area, the asset is approximately 5,100 square meters in size. The Entreposto Group sold the property in a 15-year sale & leaseback operation.
Original Story: Idealista
Translation/Summary: Richard D. Turner