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Cushman & Wakefield and Savills responsible for sale of two Cifial plants

The localisation of both assets is one of their advantages.

Cushman & Wakefield and Savills responsible for sale of two Cifial plants

Cushman & Wakefield and Savills, under a co-exclusive arrangement, are responsible for the commercialization of two factories owned by Cifial, located in Santa Maria da Feira and Viseu.

At the Bodo site, the property is situated on a plot of 58,409 square meters with a built-up area of 24,403 square meters. As for the Santa Comba Dão site, it is located on a plot of 69,190 square meters with a built-up area of 17,373 square meters.

The location of both assets is one of their advantages, as they have excellent accessibility to major road networks, namely the A1 and A35, providing proximity to the centers of Porto, Aveiro, and Viseu, the Porto airport, seaports of Leixões and Aveiro, with the presence of public transport networks and commercial areas. This offers great ease in international logistics for products and a good quality of life for employees, being situated in established business contexts with connections to the country’s main universities.

The buildings include spaces for industry and warehousing, having been used for the production and storage of faucets and sanitary ware.

Strategically, Cifial is going to relocate all its operations to a single industrial site, where they are investing in new equipment, process efficiency, new products, and reducing their carbon footprint. They have already begun solar energy production through 1,221 solar panels since March 21.

Sérgio Nunes, Head of Industrial & Logistics at Cushman & Wakefield, stated, “We are pleased to announce the promotion of the two properties of the prestigious Cifial. Based on our extensive market experience and considering the increasing demand for industrial and logistics units in our country, we believe this is the ideal moment to embrace this project.”

According to Pedro Figueiras, Head of I&L at Savills Portugal, “We are delighted to bring the CIFIAL assets to the market at a time when the nearshoring trend is evident, and Portugal is becoming an attractive destination for industry. Therefore, both sites being marketed will allow companies that have Portugal on their radar to implement a production unit in a very short period. Additionally, the locations where these assets are situated have an industrial heritage that offers future occupants access to a highly skilled and qualified workforce.”

Read the original article: https://portugal.brainsre.news/cushman-wakefield-e-savills-responsaveis-pela-venda-de-duas-fabricas-da-cifial/

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