PLMJ advises M&G on the purchase of a €46M living project
PLMJ advised M&G on the acquisition from Value One of a flex living real estate project located in Lisbon, which involves the construction and operation of a development with 203 studios and 56 rooms, covering a total of 13,000 square meters and which is scheduled for completion in the first half of 2027.
The project complements M&G’s portfolio, which is developing a student residence project with 259 accommodation units, located next to the project it has just acquired and which will be completed in 2025.
On firm’s side, the team was led by the partner who co-coordinates the real estate practice, Ricardo Reigada Pereira, and also involved Hélder Santos Correia and Rita Neves Machado.
