Brainsre compiles below the weekly news highlights.
Alternative Assets – Mercadona opens a shop in Marco de Canaveses
- The new store, like others in the district, has a sales area of approximately 1,900 square meters.
- Mercadona is expanding its presence in Porto with the opening of its 19th store in the district.
- The store features various sections divided within the 1,900 square meters of sales space, similar to other supermarkets.
Logistic – Aquila Group builds new logistics complex in Greater Porto
- Green Logistics, a brand of Aquila Group, is expanding its presence in Portugal with the construction of a new logistics complex in the Greater Porto area, acquiring a 40,000 square meter plot of land in Paredes.
- The new complex will have a total leasable area of 16,570 square meters, marking the company’s third logistics investment in Portugal.
- Construction is set to begin in June, and the project is expected to be completed in the first quarter of 2024.
Residential – Alcochete receives the Bracieira Dream Residences development
- The Bracieira Dream Residences project in Alcochete offers 27 premium villas, focusing on the luxury residential segment.
- The project consists of 27 T4-type units, each with an area of 270 square meters.
- The selling price for each unit is 840,000 euros.
Logistic – CBRE and Savills commercialise Benavente Logistics Park
- The Benavente Logistics Park, developed by Invesco and Magna, spans an area of 90,717 square meters. It is designed for logistic and commercial use and is expected to be fully completed in the first quarter of 2024.
- The logistics unit will consist of two warehouses, with the first one covering 47,215 square meters and the second one covering 43,502 square meters. The space is divided into multiple storage areas and loading docks.
- The park also includes parking facilities for 183 heavy vehicles and 481 light vehicles.
Residential – Cushman & Wakefield concludes the sale of a group of buildings in Lapa
- ReTrend, a Polish-based developer entering the Portuguese market, has purchased a set of buildings located at Rua das Janelas Verdes 108 in the heart of Lapa, Lisbon.
- The buildings have a total above-ground gross construction area of 3,000 square meters, along with over 500 square meters of private gardens.
- The property also has an approved project for the construction of 13 residential units, including apartments and houses, with private parking facilities.
Companies – Savills acquires Predibisa and strengthens its position in Porto
- International real estate consultant Savills has acquired Predibisa, a Portuguese real estate agency.
- The Predibisa brand will be rebranded as Savills in the coming weeks.
- Predibisa’s two offices in Porto will be retained, with a team providing residential and commercial real estate advisory services in northern Portugal for over 30 years.
