SRS Advogados advised on the sale of buildings on Avenida da República

SRS Advogados advised Puaça, a company of the Sonangol group, in the sale of a group of buildings on Avenida da República to British Signal Capital Partners.

The office and residential buildings, which are unfinished, are located in Lisbon, on Avenida da República and were sold to the British company Signal Capital Partners Ltd, in a transaction involving the real estate company Worx, on the seller's side.

The legal team of SRS Advogados was led by the Partners Octávio Castelo Paulo (Corporate & Finance Department) and Neuza Pereira de Campos (Real Estate Department), also with the involvement of other lawyers of this firm, including José Pinto Santos, also from the Real Estate Department.

“In addition to the amounts and number of players involved in the operation, it was particularly complex. It was a great pleasure to have worked with the excellent team that Sonangol dedicated to this operation", highlights Octávio Castelo Paulo.

“This operation, implemented in the midst of a pandemic, demonstrates that the real estate market continues to be active and shows that foreign investors continue to bet on the Portuguese real estate market", adds Neuza Pereira de Campos.