At issue is a “large-scale operation integrated in the sale of 90 Decathlon stores in several European countries, namely in France, Spain, Portugal, Italy and Germany”, says a statement by the law firm DLA Piper, and reported by idealista.

“The team that carried out this operation was coordinated by partner Luís Filipe Carvalho (from the Real Estate area) and also included the participation of partners Ana Carvalho (Tax) and Nuno Castelo Branco (Corporate), senior associate Paulo Anjo and associate Joana Mergulhão (Real Estate), and associate Diogo Mendes de Almeida (Corporate)”.

Quoted in the document, Luís Filipe Carvalho, the partner responsible for the Real Estate practice area at DLA Piper in Portugal, praises the fact that “Portugal plays a relevant role in foreign investment strategies in the real estate sector”, which is “vibrant” and full of "challenges".

“This is an operation that demonstrates the ability to support our clients in multiple jurisdictions and in different practice areas, which reflects our global positioning and presence”.

Realty Income Corporation is a real estate investment fund that invests mainly in independent commercial properties in the USA, Spain and the United Kingdom.