Uría Menéndez acts for ORES on Portitail acquisition

Uría Menéndez – Proença de Carvalho advised Olimpo Real Estate Socimi (ORES) on the acquisition of Portitail – Investimentos Imobiliários, which owns Portimão Retail Center.


Portimão Retail Center – located in the city of Portimão – has a gross lettable area of 11,967 square metres, and is home to businesses including Worten, Sportzone, C&A, and Burger King.

ORES – which is listed on the Spanish Alternative Equity Market (Mercado Alternativo Bursátil) – is a public company formed under the Spanish real estate investment trusts (SOCIMIs) regime.

The Uría Menéndez – Proença de Carvalho team advising ORES was headed by counsel João Torroaes Valente.

Ben Cook