Patron Capital and Inbright purchase industrial asset near Lisbon

European investment firms Patron Capital and Inbright have partnered to acquire a large industrial estate near Lisbon, Portugal, from a Portuguese real estate fund for an undisclosed price.

Quinta da Marquesa

The property, called Quinta da Marquesa, is a 26,000 m2 site located in Palmela, a major industrial hub south of the city. It is near major transportation routes and the Volkswagen Autoeuropa factory.
The joint venture plans to invest in renovating the estate to meet modern ESG standards, to improve energy efficiency and achieve BREEAM In-Use certification.
The property, which is currently about 50% occupied, offers an opportunity to add significant value through these upgrades and by leasing the available space. There is also potential to expand the total leasable area on the 75,000 m2 site.
Jonatas Szkurnik, senior partner and investment director at Patron Capital, said: "This acquisition underlines our commitment to building a high-quality, future-proofed portfolio in Portugal, where there is robust demand for well-located, energy-efficient light industrial and logistics space. Together with Inbright Portugal, we are focused on delivering sustainable assets that meet occupier demands while creating long-term value for our investors."
Christoph Gumlich, managing partner at Inbright Portugal, added: "Quinta da Marquesa fits perfectly into our strategy – a well-connected industrial asset within a key economic cluster anchored by Volkswagen Autoeuropa, which produces two strategically important models at its Palmela site. The property allows us to quickly deliver modern space in a tight market environment. With our local team in Lisbon, we are well positioned to proactively manage the asset and implement ESG-focused upgrades.“
Recently, the Patron Capital and Inbright partnership acquired a 13,700 m2 light industrial property in Norderstedt, Germany, for refurbishment.
Millennium BCP financed the Quinta da Marquesa transaction, with TFRA Advogados and NewCycle advising Patron Capital and Inbright. Cushman & Wakefield brokered the deal, and CBRE acted as debt advisor.