Clarion Partners Europe has acquired, on behalf of one of its commingled funds, a newly completed supermarket asset in Malveira, part of the Greater Lisbon metropolitan area in Portugal, from Portuguese-based developer and construction company Vertente Group.
The 4,385-square-meter (approximately 47,200-square-foot) property was pre-leased to Portugal’s largest food retailer on a 20-year lease term and is subject to 100 percent Portuguese CPI indexation. Completed in March 2026, it was constructed to modern operational standards, with features including 139 parking spaces, LED lighting, rooftop photovoltaic panels and an A+ energy performance certificate rating.
Malveira, Portugal, is approximately a 20-minute drive from Lisbon city center and has benefited significantly from its integration into Greater Lisbon, which has driven rapid residential growth and infrastructure investment. The asset’s loca
