Imocom Group - Disposal of development site

Imocom Group
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The Challenge

The development site located in Av. da Liberdade 240 will comprise 1,704 sq. m GLA of office on five floors, 613 sq. m of high street retail on two floors and 27 underground parking spaces.

The Solution

Our team approached both national and international investors with proven track record on urban redevelopment. Given the prominent location of the site, benefiting of the most prestigious address for office location in Portugal, this was a very attractive product for the market.

Cushman used its experience and knowledge to maximise the value of the property.

The Results

The transaction was closed with a private French group and amounted to ca. 4.5M€.