MEAG completed the acquisition of office building MB4 in Lisbon from Fidera Group.

MEAG, an asset manager, completed the acquisition of office building MB4 in Lisbon, from Fidera Group, an investment manager. Financial terms were not disclosed. "The MB4 meets our demanding criteria on the future-readiness of our real estate assets. It is leased out with long-term contracts and offers our Group's investors lastingly stable cashflows. There is still a shortage of modern office buildings in Lisbon. With this purchase, we are also expanding our high-quality real estate portfolio there," Katrin Hupfauer, MEAG Head of Real Estate Transactions.