--- title: "FOSUN INTL sells part of the future units of buildings A2 and A3 in the ENTRECAMPOS project in Lisbon, Portugal" description: "FOSUN INTL announced the sale of future units in buildings A2 and A3 of the Entrecampos project located in Lisbon, Portugal, with a transaction amount of €192 million. This move aims to reduce real es" type: "news" locale: "en" url: "https://longbridge.com/en/news/238805453.md" published_at: "2025-05-05T23:27:03.000Z" --- # FOSUN INTL sells part of the future units of buildings A2 and A3 in the ENTRECAMPOS project in Lisbon, Portugal > FOSUN INTL announced the sale of future units in buildings A2 and A3 of the Entrecampos project located in Lisbon, Portugal, with a transaction amount of €192 million. This move aims to reduce real estate risk exposure, enhance project reputation, and decrease leasable office space to lower leasing risks, aligning with risk mitigation objectives According to the announcement from FOSUN INTL (00656), on May 2, 2025 (Lisbon time), the company's subsidiary Fidelidade–Property Europe, S.A., FPE(PT) Office A, S.A., FPE(PT) 4Ret, S.A., and FPE(PT) 5Park, S.A. (as sellers) entered into a commitment sale agreement with Banco de Portugal (as buyer). Under this agreement, the sellers commit to sell and the buyer commits to purchase the future units of buildings A2 and A3 in the Entrecampos project in Lisbon, Portugal, excluding unit M (including all underground parking spaces as part of it). The base price is EUR 192 million (subject to adjustments). The sale is based on three key benefits: reducing real estate risk exposure, enhancing the project's reputation by introducing reputable first-entry institutions, and reducing the leasable office space to lower leasing risks. This move helps minimize uncertainties related to vacancy rates and aligns with risk mitigation objectives ### Related Stocks - [00656.HK - FOSUN INTL](https://longbridge.com/en/quote/00656.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 03:40 ETFosun Wealth Holdings' FinChain has reached a deep strategic cooperation with Avalanche. | FinChain, a blockchain finance platform under Fosun Wealth Holdings, has partnered with Avalanche to enhance blockchain | [Link](https://longbridge.com/en/news/275427110.md) | | Standard Chartered PLC (OTCMKTS:SCBFF) Sees Significant Growth in Short Interest | Standard Chartered PLC (OTCMKTS:SCBFF) experienced a significant increase in short interest, rising 21.1% to 210,583 sha | [Link](https://longbridge.com/en/news/276119010.md) | | Fosun Pharma Unit Gets China Acceptance for Anesthesia Drug Application | Fosun Pharma Unit Gets China Acceptance for Anesthesia Drug Application | [Link](https://longbridge.com/en/news/275893661.md) | | CSPC Pharmaceutical Receives Regulatory Nods to Begin Drug Trials | CSPC Pharmaceutical Receives Regulatory Nods to Begin Drug Trials | [Link](https://longbridge.com/en/news/276035104.md) | | Will China Literature Turn The Page? | China Literature Ltd. expects a net loss of up to 850 million yuan for last year, primarily due to a 1.8 billion yuan go | [Link](https://longbridge.com/en/news/276113491.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.