Sonae Sierra has informed the competition authority of the purchase of Atrium Saldanha, a property in the center of Lisbon with shops, offices and an underground car park.
The notified merger operation results from the acquisition by Sonae Sierra of exclusive control of Imosal – Imobiliária do Saldanha, a company controlled by Kostas and which is the owner and manager of Atrium Saldanha.
Sonae Sierra, indirectly owned by Efanor Investimentos, a holding company controlled by the Azevedo family, is dedicated to the development, investment and management of shopping centers and other real estate assets destined for commercial activities.
Sonae Sierra owns 27 real estate assets in Europe and South America, including the Vasco da Gama shopping center and Colombo, in Lisbon.
Source: DN
