A significant investment has been made by the French SCPI Elialys, marking its entry into the Portuguese real estate market with the acquisition of an industrial warehouse in Lisbon for €5 million. The property has been leased for a duration of 20 years to a company specializing in the agri-food sector.
This acquisition represents the first foray of the SCPI Elialys into Portugal, managed by Advenis – Real Estate Investment Management (REIM). The transaction was supported by the law firm Andersen Portugal, which provided comprehensive legal assistance throughout the auditing, acquisition, and leasing processes.
The acquisition of the warehouse is expected to enhance the operational capabilities of the leasing company, which is focused on the agri-food sector. This sector is vital for the Portuguese economy, and the long-term lease agreement indicates a commitment to stability and growth in this area.
