Maya Capital LLP, a specialist real estate investment firm, today announces that it has successfully completed the acquisition of a portfolio of assets in Lisbon. With a total investment of c.€65 million (including sale consideration and capex), this is Maya Capital’s largest acquisition to date.
The portfolio consists of seven prime, mostly residential properties spread across multiple locations in the thriving city-centre of Lisbon. Maya Capital plans to utilise its experience with intensive asset management to comprehensively refurbish the properties.
The deal is the first for Maya Capital’s new Iberian platform, which was established recently to target residential and commercial opportunities throughout Portugal and Spain. The Maya Capital Iberian office has been set up in Lisbon to manage the portfolio and all further acquisitions in the region.
David Pralong, Managing Partner of Maya Capital, commented “I am very pleased to announce the maiden transaction for our new Iberian Platform. We are very excited about the opportunities that exist in the Portuguese and Spanish markets and look forward to building the portfolio further through our expert team in Lisbon.” 2
Justin Griffiths / Victoria Heslop
Powerscourt (PR adviser to Maya Capital)
+44 20 7250 1446 / mayacap@powerscourt-group.com
About Maya Capital:
Maya Capital is a European real estate investment firm that elaborates dedicated niche investment strategies for its investors. Maya Capital has an entrepreneurial and hands-on approach, driven directly by the strong involvement of its principals. Over the last few years, Maya has deployed c.£165m of capital in UK regional commercial assets and c.€65m in Portugal. Maya focuses on sophisticated strategies, and value creating initiatives including asset repositioning, financial structuring, and intensive asset and property management. Maya seeks opportunities resulting from special situations such as short leases, capex intensive assets or time-constrained purchases.