ABBC advised real estate investment company JLL on its acquisition of Portuguese residential property agency Cobertura.
The acquisition takes immediate effect with Cobertura set to be fully rebranded as JLL by mid-2016. The business will continue to operate from the existing JLL and Cobertura offices in central Lisbon and Sintra.
Cobertura specialises in prime markets across Portugal with a particular specialisation in high-end apartment sales.
The ABBC team included partner Nuno Azevedo Neves and associates Catarina Portela Morais and Márcio Carreira Nobre.
Cobertura was advised by Pares Advogados.