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Clarion Partners Europe expands Portugal retail footprint with a supermarket asset acquisition in Greater Lisbon

Clarion Partners Europe has acquired, on behalf of one of its co-mingled 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 meters property was pre-let to Portugal’s largest food retailer on a 20-year lease term and is subject to 100% Portuguese CPI indexation. Completed in March 2026, it was constructed to modern operational standards, with features including 139 car parking spaces, LED lighting, rooftop photovoltaic panels and an A+ EPC rating.

Source: Press release sent 17th of August