Greenbay Properties/Resilient REIT €220 million acquisition of Fórum Coimbra and Fórum Viseu

7/6/2017
Private acquisition

€ 220 million

$ 245 million

Announced

7/6/2017


Overview:

  • Greenbay Properties and Resilient REIT have acquired Fórum Coimbra and Fórum Viseu for €220 million.
  • Fórum Coimbra and Fórum Viseu are both shopping malls in Coimbra and Viseu respectively.
  • Fórum Coimbra opened in 2006 and is a 51,489mdevelopment.
  • Fórum Viseu opened in 2005 and is a 18,705mdevelopment.
  • Greenbay Properties is a real estate investor listed on the Johannesburg Stock Exchange (JSE) and the Stock Exchange of Mauritius (SEM)

Katrin Kostadinova - Data analyst

Jurisdiction:

Portugal

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

Portugal

Industry sector:

Real estate


Firm:

Party: Greenbay Properties (Acquirer)

Party: Resilient (Acquirer)

Lawyer: Patrícia Viana