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The portfolio, comprising a total of 38,421 square meters, includes a landmark office building at Rua Castilho, five office buildings in Zone 2 and a mixed-use building in the nearby suburb of Carnaxide.
Tristan Capital's fund, Curzon Capital Partners 5 LL, purchased the assets from Vision Escritorios, a regulated, closed-end fund managed by Norfin, for 100 million euros ($112.2 million).
Tristan Capital noted that the portfolio acquisition, the firm's first deal in Portugal, offers its investors immediate exposure to Lisbon’s Central Business District of Lisbon, Portugal.