Alantra advises Novo Banco on a sale of 900 RE properties to Arrow Global Group

Oct 2024

Sell-side advisory

Lisboa – Alantra, a leading global investment bank and asset management firm, has advised Novo Banco SA, on the sale of more than 900 of RE properties scattered across Portugal to Arrow Global Group. The portfolio is composed of residential and CRE assets and is, in its majority, managed by Whitestar, which is owned by Arrow Global Group.

Félix Rivera, Partner at Alantra FIG, said: “This transaction underscores Alantra’s deep market knowledge in Portugal, showcasing our expertise in portfolio transactions to provide comprehensive, value-adding solutions and demonstrating our commitment to delivering integrated and flexible approaches tailored to our clients’ diverse needs. This transaction builds on our previous work in Portugal with Tagus, Viriato, Guadiana, or Spring”.

This transaction is yet another testament to Alantra’s expertise in structuring complex RE solutions with tailor-made business plans in the Portuguese market across all asset classes.