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Santander AM sells Galerias Saldanha Residence to BPI AM

Santander Asset Management has sold the Galerias Saldanha Residence in Lisbon for about €27m, on behalf of the closed fund Novimovest. Buyer is BPI Imofomento, an open-ended real estate investment fund managed by BPI Gestão de Ativos.

The Galerias Saldanha Residence opened its doors to the publi...