PLMJ advises Castellana on the acquisition of Forum Madeira
PLMJ advised Castellana Properties on the acquisition of Forum Madeira from DWS, the German asset management firm. Forum Madeira, located in Funchal, has a gross lettable area (GLA) of 21,472 m² and attracts around 5.4 million visitors annually. With this transaction, the Spanish company completes its fifth acquisition in Portugal, reinforcing its strategy of geographic diversification and international expansion.
On PLMJ’s side, the transaction was led by Ricardo Reigada Pereira (pictured), who coordinated both the real estate and tax aspects of the deal, with support from teams across several practice areas: real estate and tourism: Sérgio Teixeira, coordinating associate; Tamara Martins da Fonseca, senior associate; Rita Neves Machado, associate; and Catarina Patrício Cruz, associate. Urban planning: Luís Moitinho de Almeida, partner; and Bernardo Gomes Castro, senior associate. European and competition law: Martim Valente, senior consultant; and Julia Werberich, associate. Banking and finance: Luís Miguel Vasconcelos, coordinating associate; André da Gama Loureiro, associate; and Teresa Proença Varão, associate. Tax: Leonardo Scolari, senior consultant.
