Norfin Sells Office in Greenpark for Over 6 Million Euros

November 5, 2021 – Ana Custódio

Worx provided consulting services on the sale of the office in Greenpark.

WORX – Real Estate Consultants assisted Norfin in selling the Greenpark Complex, in Lisbon, to an international fund. The sales price was over 6 million euros. CBRE also advised on a co-exclusive basis.

Part of the Greenpark development, located close to the Catholic University and Praça de Espanha, the property consists of an approximately 2,400-m2 office with 60 parking spaces.

A well-known financial institution recently leased the office. Worx also participated in the leasing process and execution of fit-out works through its Agency and Architecture teams.

The transaction allowed Norfin to finalise its business plan for this asset, which, followed by its occupation by a reputable tenant, confirms the success of the value-add operation.

Translation: Richard D K Turner