Signal advised by PBBR on acquisition of Lisbon’s Entreposto building

Signal Capital Partners instructed Portuguese law firm PBBR on its acquisition of Lisbon’s Entreposto building.

The 48,000 square-metre property – which is located near Parque das Nações – was sold for €65.5 million.

The vendors Entreposto Gestão Imobiliária will remain as long-term tenants in part of the building. Other tenants include AXA, C. Santos (Mercedes-Benz), Aldi and Adecco.

The building was sold to Signal Capital with Square Asset Management acting as local operating partner.

The PBBR team included partners Pedro Pinto and Alexandre Jardim.