Henderson Park, the London-based private equity real estate firm, has invested in Lagoas Park, a 1.5 million sq ft (140,000 m2) business park in Lisbon, Portugal.
According to the company, it has agreed to buy the asset for €421 mln.
Lagoas Park is home to 13 standalone Class A buildings in the heart of Portugal’s technology corridor, Oeiras, just off the A5 highway, the country’s busiest commuter route linking the high-end residential area of Cascais and the city centre.
Occupiers include Google, Samsung, BMW, SAP, Johnson & Johnson, Sanofi, Oracle, Cisco, Volvo, Nike, and BP.
The 74-acre site is set within landscaped green spaces with amenities including a four-star business hotel, health club and childcare facilities plus 12 restaurants, the majority of which are located within a central retail gallery with extensive outdoor dining and meeting spaces.
Nick Weber, Henderson Park's founding partner, said Lisbon had a growing position as a European business centre, attracting international companies across growth industries such as technology and healthcare.
