Eversheds FCB advises Emmanuelle Investments on €15m land acquisition

Eversheds Sutherland FCB has advised Emmanuelle Investments on acquisition of a plot of land worth €15 million

pjimage 2022 04 12T130101.685Eversheds Sutherland FCB has advised Emmanuelle Investments on the acquisition of a plot of land in Leça da Palmeira, worth €15m. The land has the capacity for a residential project with approximately 5,000 m2 and 50 apartments across 11 floors.

This will be another housing project by Emmanuelle Investments in the Porto metropolitan area, which aims to respond to upper-middle-class families, offering a wide variety of apartments with good areas and competitive prices, as well as taking advantage of this location that has been gaining more and more prominence.

Emanuelle Investments is a boutique company for global entrepreneurship specialising in locating real estate investments in Portugal. They specialise in locating attractive real estate properties for investment in the north of Portugal in a variety of possible investment avenues and together with local business partners to work to improve the property.

Emmanuelle Investments was advised by Eversheds Sutherland FCB, through a team led by senior associate Ana Guerra Aguiar.

Michael Heron