Bond Advisory concludes two Lisbon deals

Bond Advisory has closed the sale of two assets in Lisbon, one residential and one industrial.

The building located at Avenida Sidónio Pais, 18, consists of 15 residential units distributed over 4,312 sq m above ground, directly facing Parque Eduardo VII in Lisbon’s thriving prime district, and steps from Praça Marquês de Pombal and Avenida da Liberdade.

Bond Advisory closed the transaction on behalf of the buyer, Mondego Capital Partners, who acquired the mixed-use asset as part of its ongoing investment plans in the residential sector in Portugal.

Bond Advisory has also closed the sale of a light industrial warehouse and office facility totaling 12,049 square meters of leasable area in São João da Talha.

Bond Advisory represented the buyer, Caravela Seguros, in an off-market transaction. Caravela Seguros acquired the asset as part of its core and core+ investment strategies.

Completed in 2006, the facility consists of 12 industrial units occupied by a diverse mix of tenants across 6 different industries. Situated on 2.28 ha, in one of the largest industrial areas North of Lisbon, the property benefits from exceptional connectivity, which has been a contributing factor to the submarket’s strong historical occupancy and stable rental rate growth.

“Despite the current unpredictable investing environment, industrial real estate remains an incredibly stable and high returning alternative asset class," says Nuno Marques Ribeiro, CEO of Bond Advisory “We continue to see a strong demand from the local and international investment community for core industrial and logistic products, especially in high-growth regions such as São João da Talha.”

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