Cushman & Wakefield was responsible for another iconic retail real estate investment deal on Avenida da Liberdade – the sale of two stores in the Ópera Lx building, located on number 236, to an institutional investor. The shops, which belong to a building that has been completely refurbished, totals approximately 740 m2 and were leased to Porsche Design and Rimowa.
Cushman & Wakefield acted on behalf of the building's developer, AM | 48, on the leasing and on the sale of the stores.
The Ópera Lx venture has recently been honoured at the Lisbon Real Estate Convention (SIL) with the Urban Renewal award, in the category major ventures. As mentioned by the developer, this award highlights the excellence of the work developed on recovering a building that gathered some construction constraints, given it was not a complete demolition.