Generali Real Estate, acting on behalf of the Generali Europe Income Holding (GEIH) Fund, has completed the acquisition of an office building in Lisbon, Portugal. The office building comprises 9,250m² spread over 8 floors and it is fully let to best-in-class companies.
The property, named Office Oriente, is situated in Rua do Mar da China in the core area of Parque das Nacoes, a modern office and leisure area developed in early 2000: a top-quality river-front district characterized by office buildings, high-end residences, hotels, retail and leisure facilities, very well connected to the rest of city and airport by metro line and train station. The purchase price was not disclosed.
