Lisbon, August 12, 2020 - Morais Leitão advised the investment firm Anchorage Capital Group LLC (“Anchorage”) in the sale to Ageas Group Portugal of a real estate company owner of Expo Tower, located in Parque das Nações. The sale of Expo Tower, an emblematic office building located in Lisbon, with approximately 6,000sqm and 105 parking spaces, concluded the sale by Anchorage to Ageas Group Portugal of a portfolio composed of two more real estate companies, owners of the office buildings Entrecampos 28 and Alfredo Guisado 8.
The team involved in this transaction was led by João Torroaes Valente, coordinating partner of the corporate real estate and tourism department, including also Manuel Ponces Magalhães and Beatriz Ramos Lopes and Bruno Santiago, partner at the tax department.
For João Torroaes Valente, the sale of an important landmark such as Expo Tower, in the current scenario, "represents a strong sign of investor confidence in the Portuguese market and in Portugal".