The Cais 5 office building in Lisbon has secured financing through Signal Capital Partners, with CBRE facilitating the process. The building, located on Rua D. Luís I in the Cais do Sodré area, boasts 5,900 square meters of space and features terraces with river views on upper floors. It has obtained LEED Gold and WELL Gold certifications, showcasing its commitment to sustainability and well-being.
The Cais 5 building has undergone recent rehabilitation and is fully occupied by companies from various sectors, including renewable energy, technology, and Fintech. Tenants such as TagEnergy, HAVI Tech Hub, and Trustly have taken up residence in the 7-story building. With its prime location and high-profile occupants, Cais 5 has become a sought-after property in Lisbon's office market.
CBRE played a crucial role in supporting Signal Capital Partners throughout the investment cycle, from acquiring the building to marketing and property management. The real estate services company also facilitated the financing process, working closely with Abanca to structure and contract the deal. According to Igor Borrego, Head of Capital Markets at CBRE Portugal, institutions are increasingly focused on financing stabilized prime office assets in Lisbon.
The successful financing of Cais 5 demonstrates the building's appeal to investors and lenders. Borrego attributed the outcome to CBRE's in-depth knowledge of the asset and its understanding of the Lisbon office market. This combination enabled the company to support lenders in their risk analysis and guide the transaction to a successful conclusion.
Colman McCarthy, Partner at Signal Capital Partners, expressed satisfaction with the financing outcome, citing CBRE's contribution to securing attractive terms. McCarthy highlighted the building's exceptional quality, institutional tenant profile, and long-term lease agreements as key factors in achieving favorable financing conditions.
The Cais 5 building's rehabilitation and repositioning in the market have yielded positive results, attracting high-caliber tenants and securing financing from lenders. CBRE's involvement in the project has been instrumental in achieving this outcome, demonstrating the company's expertise in navigating complex transactions.
The financing of Cais 5 underscores the ongoing demand for prime office assets in Lisbon, driven by investors seeking stable and sustainable investments. With its prime location, high-quality features, and strong tenant base, Cais 5 is well-positioned to continue attracting interest from investors and occupiers alike.
Key points
- CBRE facilitated financing for Lisbon's Cais 5 office building through Signal Capital Partners.
- The Cais 5 building is fully occupied by companies from renewable energy, technology, and Fintech sectors.
- The building features 5,900 square meters of space and has obtained LEED Gold and WELL Gold certifications.
