RRP advises Krest Real Estate Investments on sale

RRP Advogados has advised Krest Real Estate Investments on the sale of the office building “K-Tower Lisbon Business Centre”, located at Parque das Nações, Lisbon, to Real I.S. AG, a German real estate investment fund manager.

K-Tower comprises 14 floors, a total area of 15,000 square meters and is fully occupied under long-term lease agreements, which were also executed with RRP Advogados’ assistance. K-Tower’s tenants are Critical Techworks – a joint venture between BMW Group and Critical Software – and Spaces, a subsidiary of the IWG group.

RRP’s team was composed, among others, by (pictured from left to right) managing partner Ricardo Reigada Pereira, managing associate Hélder Santos Correia, senior associate Tamara Martins da Fonseca and associate Rita Neves Machado.

Krest Real Estate Investments is a family-owned business involved in prime real estate and development with footprint all over Europe, in particular, in Brussels, Lisbon, Porto and the Algarve, with investments across many sectors, including offices, residential, retail, logistics and hospitality.

Michael Heron