Cushman & Wakefield and another agent support Tristan and Norfin Serviços in this transaction, highlighting centrality and ESG certification as decisive factors for investors.
The Lisbon office market reaffirms its attractiveness with the transaction of the Alto das Amoreiras building, located in one of the city's most privileged areas. The CCP 5 Long-Life fund, managed by Tristan Capital Partners and with Norfin Serviços as the portfolio manager in Portugal, concludes its second operation within two weeks, represented in co-exclusivity by Cushman & Wakefield and another real estate consultancy. This operation reflects the growing interest of investors in properties that combine premium locations with high sustainability standards. The asset was sold to Mundicenter, a company mainly owned by Grupo Alves Ribeiro, consolidating its presence in this location where it already owns other commercial buildings such as Amoreiras Shopping Center, Amoreiras Square Building, and Amoreiras Tower 1.
With an area of 5,821 sq.m, Alto das Amoreiras stands out with its ESG BREEAM In-Use “Very Good” certification, positioning itself as a reference in the sustainable office market in Lisbon. This feature, combined with its proximity to Amoreiras Shopping Center, high visibility, and easy access to transport and amenities, was decisive in attracting investors focused on long-term value.
Cristina Machado, Associate and Head of Office Investment at Cushman & Wakefield, comments:
“Alto das Amoreiras is a landmark asset, with unique visibility next to Amoreiras shopping centre and direct access to the A5 and city centre. These factors, combined with its ESG certification, make this building a strategic choice for investors who value quality and sustainability. It was a privilege to represent the seller once again and witness another milestone in Lisbon’s dynamic office market. We congratulate the buyer on this successful acquisition.”
Daniel Lopes, Senior Manager at Norfin Serviços, says:
“This building belonged to the Vision Office portfolio which underwent a huge transformation over the last few years. Being a building with many tenants simultaneously, various interventions over recent years were only possible thanks to the excellent relationship we fostered with all of them over this time. From the complete renovation of common areas to achieving the BREEAM Very Good certification, several works have allowed us to make this building one of the most charismatic office buildings in the Amoreiras area, of which we are very proud of all the work developed.
