Case Study
W Shopping
Ground breaking investment transaction for AF Investimentos
The Challenge
We were instructed by Portuguese fund AF Investimentos (part of Millennium BCP group) to
act on their behalf in the acquisition of W Shopping. W Shopping is a newly-constructed 12,000
m² GLA downtown shopping centre, located in the district capital of Santarém, some 80 km to the
north of Lisbon.
Our Impact
We used the strength of iour retail knowledge to carry out exhaustive due diligence, regional
market research, retailer analysis and all negotiations.,
The Outcome
The purchase represented the fund's first acquisition in the retail market and due to the
successful outcome of the transaction and support received from C&W, the fund is now
looking to increase market share in this sector.
This was a ground-breaking deal, as this was the first time a Portuguese fund has formally
contracted the services of an agent for an acquisition.