Alantra advises Värde Partners on €61mn refinancing of landmark office assets in Lisbon and Porto

Apr 2025

Debt Advisory - Debt Refinancing

Value €61mn

Lisbon – Alantra has acted as exclusive financial advisor to Värde Partners, a leading global alternative investment firm, on the €61mn refinancing of two prime office assets in Portugal: Adamastor in Lisbon and Burgo in Porto.

The transaction was structured through two mortgage loan facilities arranged with Santander and Abanca, providing long-term financing under attractive terms. This milestone marks a significant step in reinforcing the capital structure of these landmark properties.

The refinancing supports the continued management and positioning of these high-quality assets within the Portuguese office market. Both Adamastor and Burgo are well-established in their respective markets, benefiting from strong tenant demand, institutional-grade quality, and strategic locations in the core business districts of Lisbon and Porto.

Jorge Roa, Managing Director at Alantra, commented: “We are proud to have supported Värde Partners in this significant transaction involving their Portuguese portfolio. This deal underscores our ability to structure and execute tailor-made financing solutions across a range of asset classes.”

Alantra conducted a dual-track lender process to deliver an efficient and competitive outcome under tight market conditions.