CBRE transacts Minerva building

A business in partnership with Altamira Asset Management.

CBRE’s Capital Markets department, the world’s leading real estate consultant, was responsible for the transaction for the Minerva Building, in Porto, a business it carried out in partnership with Altamira Asset Management.

The Minerva Building is located at Rua Dr. Alfredo Magalhães, a few meters from Praça da Trindade and Av. Dos Aliados, a reference area of ​​Invicta that has a strong demand in the real estate market.

With approximately 140 parking spaces, this mixed property has an office and retail spaces integrated with 6,800m² of the gross leasable area.

This building, previously owned by the Investment Fund managed by Profile S.G.F.I.I., was acquired by the Endutex Group.

Founded in 1970, Endutex is now recognized as one of the world’s largest producers of technical textiles, focusing its activity on the production of textiles coated with Polyurethane, PVC, acrylic, and silicone.

Endutex SGPS is the holding company of the group that concentrates its shareholdings in the different business areas in which it operates, namely industry, hotels, and real estate.

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