SRS Legal has advised Iberis Capital as management company of Portugal Yield Fund II on the purchase to a real estate fund (Iberia FEIIF) managed by Norfin of a building on the Lispólis Technological Park, in Lisbon.
Located at Rua Laura Ayres, 4, in Carnide, Lisbon, the building has around 2,865 square metres of ABC, distributed over three floors above ground. It also has 72 parking spaces, distributed over two basement floors. It is fully leased to the European University, which operates one of its University Centres there.
"This is an important transaction for our client, as part of its strategy of investing in income-producing assets in good locations, with long and sustainable leases, as is the case here. We believe that, through the work carried out, it is also a success story for our track record in this area of real estate," said Neuza Pereira de Campos, Partner and Head of the Real Estate Department at SRS Legal, who coordinated the team involved in this transaction.