• Transaction / Assets
    two buildings in Chiado, Lisbon
  • Seller
    na
  • Buyer
    Mondego Capital Partners
  • € MM

Mondego Capital Partners to Invest €20 Million in Two Buildings in Chiado

16 July 2020 – Mondego Capital Partners has acquired two buildings in Baixa – Chiado, Lisbon, and will spend a total of 20 million euros over the next two years on a new hospitality development. The two properties have a total constructed surface area of 4,500-m2. The new development is set to open in 2022. Mondego had previously announced that it would invest more than 100 million euros in real estate projects in Lisbon and Porto.

Original Story: Diário Imobiliário

Translation/Summary: Richard D. Turner