Acquired by the current participants in November 2017. The fund owns most of the land that makes up the Foz do Tejo project (formerly Alto da Boa Viagem), located in Caxias, in the municipality of Oeiras.
Name
Foz do Tejo
Fund code
956
Type
FII - Real estate investment fund
Status
Active
Start of activity
Details
The FIIF Foz do Tejo was established in 2007 and acquired by the current participants in November 2017. The fund holds most of the land that makes up the Foz do Tejo project (formerly Alto da Boa Viagem), located in Caxias, in the municipality of Oeiras.
The Foz do Tejo development will be a residential project (houses, multifamily buildings and apartment towers), hotel and retail and services unit, with an area of around 32 hectares.
Foz do Tejo is around 12 km from Praça do Marquês de Pombal, and is strategically located between Lisbon and Oeiras, with excellent access to Lisbon, Oeiras, Estoril, Cascais and Sintra. As part of the licensing process, some significant improvements to access will be developed, allowing easy and fast access via the motorway (A5 and CREL) and the Marginal.
The sloping topography of this property allows all buildings to enjoy magnificent views of the river, the ocean and Jamor. Foz do Tejo is clearly the best seaside site between Lisbon and Cascais and will, without the slightest doubt, be the most prestigious development in the municipality of Oeiras.
The project will in future be identified by the high-end brands of Alto do Rio and Alto do Farol.
Fund assets
