Lisbon, 13 January 2025 - pbbr advised REMAKE LIVE, a French SCPI (a collective real estate investment vehicle) managed by Remake Asset Management, on the acquisition of Setúbal Retail Park.
This commercial space, formerly owned by Sesagest, a Sonae group entity, is currently 100 per cent occupied by renowned brands such as Worten, Maxmat and KFC - Kentucky Fried Chicken.
With a transaction value of around 8.2 million euros, this acquisition represents a further step in REMAKE LIVE's international expansion strategy, and is the company's first property operation in Portugal.
The pbbr team involved in this operation was led by Pedro Pinto, partner in the Real Estate practice, and also had Isabel Brazão de Castro, managing associate in the same practice, Tânia Osório, partner in the Urban Planning and Construction practice and Mário Silva Costa, partner in the Tax practice.