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Investment & Funds

Office Park Expo

Office Park Expo is the largest and most modern office-park in Portugal. It is a greenfield project with the design and build procured, coordinated and managed by Norfin. The asset is rented to the ministry of justice to serve as a "Justice Centre" and to El Corte Inglés. In October 2012 the fund has been extended for 5 years until October 2017.

Summary

 Fund type      Closed end 
 Inception date   15 October 2002 
 Length: initial + extension option (years)   10 + up to10 
 Total invested equity (EUR m)   180 
 GAV at Dec 2016 (EUR m)   240.9
 Leverage at Dec 2016 (Debt/GAV)   5.1%
 Risk Profile   Core
 Total Gross Lettable Area (m²)   78,600
 Vacancy rate Dec 2016   0%