Um dos maiores projectos imobiliários do país termina primeiro edifício
É um dos maiores projectos imobiliários em construção em Portugal. Fica no Norte do país, em Matosinhos e mesmo em tempo de pandemia as obras continuam. Nos Jardins Efanor, o promotor imobiliário Grandavenue72 vai investir cerca de 250 milhões de milhões de euros até 2025. Em 2017, a Grandavenue72 à Prédios Privados, um dos activos de maior valor no portefólio imobiliário da Sonae Capital, pelo valor de 30 milhões de euros. Cabe à Invest&Co promover e coordenar todo o desenvolvimento e entrega do projecto chave na mão, nos segmentos empresarial e particular.
Em entrevista ao Diário Imobiliário, Sandro Oliveira, CEO da InvestCo, admite que sentirão em alguns segmentos, o impacto decorrente da pandemia. Apesar de não saber as verdadeiras consequências, acredita que o produto e o país irão continuar a atrair investidores.
One year after reporting that it paid 30 million euros to Sonae Capital to stay with Prédios Privados, Grandavenue 72 now unveils the real estate project that it intends to develop in the so-called Efanor subdivision: until 2025, the company led by Pedro Couto, from Telhabel – which also includes investors Gonzalo Alvargonzalez Figaredo (Spanish) and Daniel Klein (Swiss) wants to build a city there, inside the city of Matosinhos. To do so, he commits to invest 250 million euros in all.
This new project of 105,000 square meters (m2) – which contemplates 10 buildings, in which 60% of the area will be directed to the residential segment with 400 apartments and 40% to the tertiary sector, and the construction of a hotel unit is also planned – aims to use an extensive abandoned area, located next to NorteShopping, where the late leader of Sonae, Belmiro de Azevedo, even conceived a real estate complex that was frozen in the crisis years.in the one that designates the first Edge City
What is called the first Edge City in Portugal “is certainly the largest real estate project underway in the North and perhaps in the country and we want the Efanor Gardens to be a privileged space for coliving and coworking, following the new trends of urbanism, as a modern space with access to all sorts of skills, from residence, work, health, shopping, education, hypermarket,” says Pedro Barros Rolo, partner of Invest&Co, the company responsible for coordinating the project.
Half of the Delfim Pereira da Costa Building is already reserved
The mega project Jardins Efanor, according to this company in a press release, is in the pre-sale phase, with 50% of the properties already reserved. By the end of the first quarter of 2020, more than 60 apartments will be available, both 3 and 4 bedrooms.
These first 62 apartments, as the idealist/newsletter advanced in August, correspond to the Delfim Pereira da Costa Building, which started at the end of 2009 and was part of the Efanor residential condominium – a Sonae project that foresaw the construction of 700 fractions but was unfinished due to the crisis.
In addition to maintaining the designation – given in honor of the founding entrepreneur of Empresa Fabril do Norte (Efanor), which Telhabel decided to maintain – the Delfim Pereira da Costa Building also maintains the architectural project by Alcino Soutinho, who died on November 24, 2013.
The building, with a floor and four floors, with four independent entrances, now has “several housing proposals”. “Since the T0, T2, T3 – with areas of 156 m2 (example of fraction on floor 3, block B) – and T4 – with 196 m2 (floor 3, block A) – some with a micro-office, or in duplex, with swimming pool and terrace, on the roof”, highlights the current brochure.
The prices of the fractions range from 476 thousand euros, in the case of T3, and 599 thousand euros, in the case of T4, with average prices of about 3,000 euros per m2 (300,000 euros per 100 m2).
Grandavenue is building “Efanor Gardens”, a mega project that will include 400 apartments, a senior residence, a university, a hotel and a business center.
In Matosinhos the first city within a city will be born. It seems confusing, but when the project is completed it will be easier to see. This is because Grandavenue will invest 250 million euros until 2025 in “Jardins Efanor”, a mega project with 120,000 square meters that will include services, commerce, hotel and residential area. And half of the apartments are already booked.
In 2017, Grandavenue bought this 104,000 square meter plot from Sonae Capital, and at the time paid 30 million euros for the most valuable assets in the company’s real estate portfolio. But, as Expresso (paid access) has advanced, the total investment will be much higher. The idea is to build the first edge city in the country and the location chosen was Matosinhos.
The project is already in pre-sale and will be 60% residential, in a total of 400 apartments. By the end of the first quarter of 2020 more than 60 apartments will be available, 3 and 4 bedrooms, 50% of which are already booked, Grandavenue said in a statement.
In addition, 40% will be services: NorteShopping shopping centre, Continente supermarket and Efanor school will be joined by a senior residence, a student residence, a hotel and a business centre (which is already active).
“This is our biggest real estate project in which we will respect all the legacy left by the Azevedo family, through its Foundation [the project had already been thought by Belmiro de Azevedo]. We want Jardins Efanor to be a coliving and coworking space with a superior quality of life”, says Pedro Rolo, CEO of Invest&Co, the company that will be responsible for the project.
“With about 50,000 square meters of green area, they follow the new trends of urbanism, as a privileged area based on the concepts of mobility and sustainability,” he says.
Jardins Efanor” is the real estate project that will be born on land known as “Loteamento Efanor”, as it is located in an area once occupied by the plant where Belmiro de Azevedo (who died two years ago) began working and which was at the genesis of the Sonae empire, giving even its name to the Azevedo family holding company.
One year after the announcement of the acquisition of the plot of land from Sonae Capital for 30 million euros, the company Grandavenue72 announced this Monday, November 11th, that it will invest, until 2025, around 250 million euros in the “largest city within a city in Portugal”, as described in the project that will finally make use of an extensive abandoned area, located next to NorteShopping, in Matosinhos, where Belmiro de Azevedo even conceived a real estate complex that was frozen in the crisis years.
To be developed in a total area of 120 thousand square metres, “Jardins Efanor” will include services, commerce, hotels and a residential area (60% of the total) with 400 apartments.
“This is our biggest real estate project in which we will respect all the legacy left by the Azevedo family, through its foundation. We want the Efanor Gardens to be a ‘coliving’ and ‘coworking’ space with a superior quality of life. With about 15 thousand square meters of green area, they follow the new trends of urbanism as a privileged area based on the concepts of mobility and sustainability”, says Pedro Rolo, CEO of Invest&Co, the company responsible for managing the project, in a statement.
According to Invest&Co, the Jardins Efanor project “is in the pre-sale phase, with 50% of the properties already reserved”, foreseeing that “by the end of the first quarter of 2020, more than 60 apartments will be available, both T3 and T4”.
These first 62 apartments correspond to the Delfim Pereira da Costa Building, started at the end of 2009, which was part of the Efanor residential condominium, Sonae’s project which foresaw the construction of 700 apartments, but was unfinished.
Delfim Pereira da Costa was the founder of Efanor (Empresa Fabril do Norte).
With prices around three thousand euros per square meter, a T3 (156 m2, 20 m2 balcony and private garage) costs 475 thousand euros, reaching 670 thousand euros if there is a pool on the roof.
It is the first project to advance from a set of six buildings planned.
The developer of this real estate complex, Grandavenue72, is owned by the Couto family, owner of Telhabel, and two international investors – the Swiss Daniel Klein, owner of Geonosis real estate, and the Spanish Gonzalo Alvargonzalez Figaredo, member of one of the most powerful families in Spain and who owns the maritime-port group Ership.
It presents itself as the largest real estate project in the North of the country. It is 105,000 square meters of gross above-ground construction area, plus 50,000 square meters of gardens, ready to absorb a $250 million Grand Avenue investment by 2025. The goal is to give “a new life” to the city that entrepreneur Belmiro de Azevedo (1938-2017) designed for the grounds of Efanor, the factory that marked his debut in the world of work, before taking over the leadership of Sonae, and gave name to the holding company of the Azevedo family.
“We are going to develop a mix-use project, with about eight buildings for housing, offices, hotel, senior and student residences, co-living/co-working”, says to Expresso Pedro Couto, director of Telhabel and one of the partners of the company that bought Sonae’s historical assets a year ago, for EUR 30 million”.