PLMJ advises on historic retail park sale in Barreiro
Deal News | Dec 20, 2024 | Iberian Lawyer
PLMJ, a prominent law firm, has successfully advised AM Alpha on the sale of a landmark retail park, BPlanet, to Redevco. The transaction, hailed as the largest of its kind in Portugal for a single retail park, showcases this property situated between the strategic locales of Lisboa and Setúbal. The gross leasable area of the park expands over 35,000 square meters. Leading the legal advisory was Ricardo Reigada Pereira, with significant contributions from his team members in real estate, tourism, and financial expertise. This sale not only highlights the remarkable capabilities of PLMJ's legal team but also underscores a significant transaction in the European real estate market.
Sectors
- Real Estate
- Legal Services
Geography
- Portugal – The transaction took place in Barreiro, Portugal, highlighting the significance in Portuguese real estate market.
Industry
- Real Estate – The article discusses the sale of a major retail park in Portugal, which is a significant real estate transaction.
- Legal Services – PLMJ's role in advising on the sale signifies the involvement of legal services in M&A activities.
Financials
- – The article does not disclose financial terms of the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| PLMJ | Legal Advisor | Company | PLMJ is a Portuguese law firm that provided legal advice for the transaction. |
| AM Alpha | Vendor | Company | AM Alpha is the selling entity of the retail park BPlanet. |
| Redevco | Buyer | Company | Redevco is the purchasing company of the retail park BPlanet. |
| Ricardo Reigada Pereira | Lead Legal Advisor | Person | Co-coordinator partner of the real estate and tourism department at PLMJ. |