CMS and PLMJ advises CER on €15.5m investment

CMS Portugal and PLMJ have advised the Catella European Residential Fund on first investment in Portugal for €15.5 million

CMS and PLMJCMS Portugal and PLMJ have advised the Catella European Residential Fund (CER) on its first investment in Portugal. This was through the acquisition of a student housing asset in the municipality of Cascais, to the west of Lisbon, for €15.5 million and a 99-year lease.

European student accommodation provider MILESTONE operates the residence under a management contract. MILESTONE was founded in Vienna, is a member of the Value One Group, an international Real Estate developer and student housing operator. MILESTONE currently has 4,627 beds of purpose-built student housing under management and in development across Austria, Portugal, Germany, Netherlands, Poland and Italy. The property is located close to the beach in the Lombos neighborhood of Carcavelos within the Cascais municipality.

The CMS Portugal team that advised Catella was led by partners Francisco Xavier de Almeida (pictured top left), Corporate M&A and João Pinheiro da Silva (pictured bottom right), Real Estate, in which the following team members also participated João Mendes Rodrigues, senior associate, Real Estate, Diogo Mafra senior associate, Corporate M&A and Miguel Santos Ferreira, associate, Corporate M&A. For tax matters, Catella CER was advised by PLMJ’s team which included Isaque Ramos (pictured bottom left), partner, Tax, Dinis Tracana (pictured top right), senior associate, Tax, Carolina Campos Dias and Ana Raquel Magalhães, associate.

CMS and PLMJ advises CER on €15.5m investment

Florencia

iberianlawyer.com

Iberian Lawyer, is a monthly digital magazine, published by LC Publishing, available in Spanish and English. It represents the main source of information in the legal business sector in Spain and Portugal. The digital magazine – and its portal – address to the protagonists of law firms and in-house lawyers. The magazine is available for free on the website and on Google Play and App Store.

In every issue of the magazine, you will find rankings of lawyers, special report on trends, interviews, information about deals and their advisors.

For further information, please visit the Group’s website www.lcpublishinggroup.com

Iberian Lawyer
Registered office: C/ Manuel Silvela, 8 - Oficinas 1 Dcha 28010 Madrid España

Copyright 2022 © All rights Reserved. Design by Origami Creative Studio

SHARE

Share on linkedin
Share on twitter
Share on facebook
Share on whatsapp
Share on email
Share on telegram