CFI advised Jones Lang Lasalle on the acquisition of Cobertura

Lisbon – Jones Lang Lasalle acquired 100% of Cobertura’s shares.

JLL –Jones Lang LaSalle is a financial and professional services firm that specializes in commercial real estate services and investment management. With more than 48,000 people across 1,000 locations in 70 countries serve the local, regional and global real estate needs of corporates and investors.

Cobertura – Sociedade de Mediação Imobiliária, S.A. established in 1987, has a strong track record of success in prime markets across Portugal, with a particular strength in high-end apartment sales. Is one of the best and most experienced organizations working in Residential Real Estate in Portugal. They provide services in the residential, investment, consulting and entrepreneurship segments, from property valuation to real estate management and consultancy, based on a recognized experience and in-depth knowledge of the Portuguese market.

CFI Portugal was hired by JLL as their exclusive financial advisor on the acquisition of Cobertura’s shares. With this acquisition, JLL will be able to reinforce its presence on the Real Estate sector in Portugal, consolidating the leadership on the Portuguese market.

The transaction closed on 20 December, 2015.