Portugal's Fundbox SGFII has announced the acquisition of four commercial real estate assets in the country for EUR 47 mln. The Portuguese fund manager is making the acquisitions on behalf of its Sertorius property investment fund, which owns a portfolio of 11 office and retail properties in the country worth a total of EUR 91 mln. The fund has purchased four commercial properties let to Portuguese IT group Novabase, communication services firm Anacom and Rádio Popular located in Lisboa, Gaia and Guimarães. German bank Eurohypo is financing the transactions.
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