London/Lisbon, 12 August 2025 – Patron Capital, the pan-European institutional investor focused on property-backed investments, and its partner INBRIGHT, the specialist investor, developer and asset manager for sustainable light industrial and logistics properties, have acquired Quinta da Marquesa, a 26,000 sqm industrial estate in Palmela to the south of Lisbon, from an open-ended Portuguese real estate fund. The purchase price was not disclosed.
Palmela is part of Lisbon’s metropolitan region, with Quinta da Marquesa providing light industrial space in one of Portugal’s key industrial areas. The 75,000 sqm site currently offers 26,000 sqm of gross lettable area (GLA), with 22,000 sqm of warehouse space and 4,000 sqm of office and meeting space, alongside 12 loading bays. Patron Capital and INBRIGHT will invest to transform the asset to modern ESG-led standards, and there is excellent potential to expand the site’s overall GLA, which could include developing currently unused outdoor areas.
The joint venture between Patron Capital and INBRIGHT is building a diversified portfolio of sustainable light industrial and logistics properties in Portugal and Germany, targeting value-add opportunities in strategic locations with strong potential for sustainable refurbishment and modernisation. In Portugal the JV is aiming to build a EUR 100 million portfolio of light industrial and logistics properties, with this deal representing the venture’s second transaction in the country.
Located adjacent to the major Volkswagen Autoeuropa factory, Quinta da Marquesa benefits from excellent transport links with easy access to the A2 and A12 motorways. Palmela is a major industrial and automotive hub, with an array of multinational businesses and logistics companies operating in the area. It also benefits from a skilled labour force in the surrounding area and a dynamic industrial ecosystem.
With current occupancy of around 50%, Quinta da Marquesa offers immediate leasing opportunities and significant value-add potential through repositioning and ESG-focused upgrades, including enhancing energy efficiency and improving occupier experience with enhanced workspaces and meeting areas. Planned refurbishment works will significantly improve the asset’s environmental standards and aim to achieve BREEAM In-Use certification.
Jonatas Szkurnik, Senior Partner and Investment Director at Patron Capital, said: “This acquisition underlines our commitment to building a high-quality, future-proofed portfolio in Portugal, where there is robust demand for well-located, energy-efficient light industrial and logistics space. Together with INBRIGHT Portugal, we are focused on delivering sustainable assets that meet occupier demands while creating long-term value for our investors.”
Christoph Gumlich, Managing Partner at INBRIGHT Portugal, said: “Quinta da Marquesa fits perfectly into our strategy – a well-connected industrial asset within a key economic cluster anchored by Volkswagen Autoeuropa, which produces two strategically important models at its Palmela site. The property allows us to quickly deliver modern space in a tight market environment. With our local team in Lisbon, we are well positioned to proactively manage the asset and implement ESG-focused upgrades.“
Following successful investments in Germany where the JV is building a EUR 250 million portfolio, the Patron Capital and INBRIGHT partnership will continue to apply its tried and tested strategy to the Portuguese market. Just a few weeks ago, Patron Capital and INBRIGHT announced it had acquired a 13,700 sqm light industrial property for refurbishment in Norderstedt, Germany, for an undisclosed price.
The Quinta da Marquesa transaction was financed by Millennium BCP. TFRA Advogados and NewCycle acted as advisors to Patron Capital and INBRIGHT. The transaction was brokered by Cushman & Wakefield and CBRE acted as debt advisor on the deal.
About INBRIGHT
INBRIGHT develops light industrial and logistics properties in economically strong locations with excellent transport connections. Since its founding in 2020, the company has delivered projects with a total investment volume of over €500 million and approximately 230,000 square meters of rental space in Germany. With the establishment of INBRIGHT Portugal, the company has recently expanded into the Portuguese market. Today, INBRIGHT employs 25 team members, all dedicated to implementing sustainable and innovative real estate solutions.
www.inbright.de
INBRIGHT Portugal
INVIVO Projectos Imobiliários, Lda.
Rua D. João V, 30
1250-091 Lisboa, Portugal
info@inbright.pt
INBRIGHT Development GmbH
Erasmusstr. 14
10553 Berlin
+49 (0) 30 4036862-0
info@inbright.de
Press Contact INBRIGHT
Yvonne Hoberg
GLOWING MIND | Communications & Transformation
M +49 151 54 750 169
yvonne.hoberg@glowing-mind.com
About Patron Capital
Patron represents approximately €5.2 billion of capital raised across several funds and related co-investments, investing in property, corporate operating entities whose value is primarily supported by property assets and distressed debt and credit related businesses.
Since it was established in 1999, Patron has undertaken more than 200 transactions across 110 investments and programs involving over 9 million square metres in 17 countries, with many of these investments realised.
Investors represent a variety of sovereign wealth funds, prominent universities, major institutions, private foundations, and high net worth individuals located throughout North America, Europe, Asia and the Middle East. The main investment adviser to the Funds is Patron Capital Advisers LLP, which is based in London, and Patron has other offices across Europe including Barcelona and Luxembourg; the group is comprised of 65 people, including a 41-person investment team.
Further information about Patron Capital is available at www.patroncapital.com
Media Enquiries Patron Capital:
Henry Columbine/James Carnegie/Laurence Hill
SEC Newgate
t: +44 t: +44 (0)7827 486224
e: patron@secnewgate.co.uk
