The leading global real estate services consultancy firm was appointed by Savills IM who recently acquired the portfolio
Cushman & Wakefield, a leading global consultancy firm in real estate services, announces that it has been appointed to manage 4 more supermarkets in Portugal, now having around 590,000 m2 of various asset classes under management in the country.
Following the recent announcement by Savills IM regarding the acquisition of 4 more supermarkets in Portugal, Cushman & Wakefield has now been selected to manage the 21,600m2 of retail space that compose this portfolio. The assets are geographically dispersed, being located in Castelo Branco, Gulpilhares, Nazaré and Olhão and are operated by the Continente Bom Dia brand.
For André Navarro, Head of Retail Asset Services at Cushman & Wakefield in Portugal, “The knowledge and experience that Cushman & Wakefield has in the retail market, in general, and particularly in supermarkets, was key for us to be selected to manage the portfolio after the transaction.”