SRS Legal advises BPI Imofomento on the acquisition of Obramat Property

SRS Legal has advised BPI Imofomento, an open-ended real estate investment fund managed by BPI Gestão de Ativos, on the acquisition of a property used as an Obramat store (Aldea group) in Alfragide.

The team of Lawyers involved in this process included Partner Neuza Pereira de Campos and Associate José Pinto Santos, both from the Real Estate Law Department of SRS Legal.

The asset is a large commercial space intended for construction professionals, which will also serve as Obramat's headquarters in Portugal.

In a statement, BPI Gestão de Ativos mentioned that "this acquisition strengthens the fund's position in the commercial segment through the acquisition of a unit whose construction was completed in March this year, located in one of the best commercial areas in Portugal, in Alfragide." also highlighting that this location, combined with its unique characteristics, "underlines BPI Imofomento's commitment to investing in assets that not only provide profitability but also represent the future of the commercial real estate market in Portugal."

Neuza Pereira de Campos, head of the Real Estate Law Department at SRS Legal, stated: "We were pleased to advise BPI Imofomento on this transaction, which stands out for the relevance of the asset and its strategic component. The acquisition of this asset, due to its size, location, and nature, represents an investment aligned with current market dynamics and the objectives of sustainable value enhancement of an asset portfolio. This transaction is a clear example of our commitment to supporting our clients in achieving strategic and high-quality investments."

BPI Imofomento's commercial portfolio focuses particularly on high-demand locations, especially Lisbon, Alfragide, and Porto. Currently, the fund owns three shopping centres, a large retail unit, and two large spaces intended for professionals.