Miranda Correia Amendoeira & Associados has recently set up a London office, one of the first Portuguese firm to do so.
The firm is principally known for being a prominent player in Africa through the Miranda Alliance, with a very successful lusophone strategy, led by Rui Amendoeira, Managing Partner.
The office will be headed by Nuno Antunes, current Of Counsel at the firm, and the intention is to support its clients in sectors such as oil and gas, banking and finance, real estate, construction and infrastructure and TMT.
While the firm has many UK and European clients, this surprising move is intended merely to better assist existing and new clients, and prospective investors, that wish to do business in Miranda Alliance jurisdictions. No doubt with the current economic climate in Portugal, this could help to open doors to potential inbound investment opportunities.
Judging by its previous success in penetrating new markets, it will be interesting to see what direction the Miranda Alliance will take next.