CBRE, the world’s leading real estate consulting company, is responsible for managing Edifício Liberdade 108, located in Avenida da Liberdade. This agreement comes after the advising on the acquisition of the property, on behalf of a fund managed by BMO Real Estate Partners.
The emblematic Liberdade 108 building, set in one of Lisbon's prime avenues, has approximately 2,104 sqm with its entire six offices floors being currently leased to national and international companies. Totally refurbished in 2013, this property is also a reference in the capital’s luxury retail market, as it is home to Michael Kors’ flagship store, one of the most renowned brands in the world.
The emblematic Liberdade 108 building, set in one of Lisbon's prime avenues, has approximately 2,104 sqm with its entire six offices floors being currently leased to national and international companies. Totally refurbished in 2013, this property is also a reference in the capital’s luxury retail market, as it is home to Michael Kors’ flagship store, one of the most renowned brands in the world.
"This management agreement will strengthen our relationship with BMO Real Estate Partners, thus, we are delighted to be able to continue the work we’ve started when advising on the acquisition of Liberdade 108. This property presents an interesting office and retail mix, and for this reason CBRE's expertise in these two areas will certainly be useful to continue strategically positioning this asset, increasing its market value."
Luís Teodoro, Senior Director, Asset Services , CBRE