Broseta Portugal advises BigCity on €30m RE deal in Porto
Broseta Portugal has advised BigCity, a UK company specialising in the development, investment and management of student and co-living residences, during the process of creating and building a new university residence in Porto
The completion of the project is scheduled for July 2022 with an estimated value of around €30 million.
The BigCity Asprela university residence, consisting of 10,850m2 is located near the Asprela campus, at the University of Porto, which includes 35,000 students.
BigCity was founded in order to provide quality, purpose-built student and co-living accommodation, in key European markets.
The Broseta team involved in the operation was led by lawyers António Oliveira e Silva (pictured left) and Gonçalo Achega (pictured right).