Transaction / Assets four retail shops located in the building at Avenida da Liberdade 203Seller naBuyer Tander€ MM 20.945
Spain’s Tander Acquires Four Shops in Lisbon for €21 Million
23 October 2020 – The Spanish real estate management company Tander has acquired four retail shops located in the building at Avenida da Liberdade 203, in central Lisbon, for 20,945,774 euros. The socimi finalised the deal on October 16, according to a note it submitted to BME Growth, the Spanish alternative stock market.
The building houses several luxury stores, including Dsquared2 and the hairdresser Lúcia Piloto. All four shops are currently leased.
Tander began operating in Portugal last year with its acquisition of four shops in the Aliados 107 building in Porto from Avenue. The deal was completed for 15.7 million euros, and the socimi’s new tenants include Burberry’s, Todds and Boutique dos Relógios.
Original Story: Jornal de Negócios – Pedro Curvelo
Translation/Summary: Richard D. Turner