Pbbr advises real estate fund Iroko on Portugal debut
Pbbr has advised French real estate fund Iroko SCPI on its entry into the Portuguese market through the acquisition of an industrial warehouse of approximately 5,000 square metres located at the Parque Industrial de Casal da Areia, in Alcobaça (Leiria). The asset was acquired from Imtec Plastics (Imtec Group).
The transaction was structured as a sale and leaseback operation, under which Imtec Plastics retains occupation of the asset as tenant under a long-term lease agreement.
Legal Teams
Pbbr’s team advising Iroko SCPI was led by partner Pedro Pinto, supported by Isabel Brazão de Castro (senior associate) and Chloe Samantha Robinson (senior associate), both from the Real Estate practice, alongside Tânia Osório (partner) and André Bernardo Alves (associate) from the Urban Planning practice, and Mariafé Malca (associate) from the Tax practice.
