Lisbon, 24 June 2026 – Patron Capital, one of Europe’s leading value add and opportunistic real estate managers, and its partner INBRIGHT Portugal, the specialist light industrial and logistics investor, developer and asset manager, have signed a new 15-year lease agreement with a Portuguese public sector entity at Alto Business Park in Vila Franca de Xira. The lease covers approximately 8,100 sqm of warehouse and office space within one of the most established light industrial submarkets in the Greater Lisbon area.
Alto Business Park is strategically located just northwest of Lisbon along the A1 motorway and comprises approximately 16,259 sqm of flexible light industrial space within a well-connected metropolitan industrial and logistics corridor. The asset forms part of a consolidated industrial cluster serving both national and international occupiers. It is organised as a multi-building compound with warehouse, office and parking infrastructure.
Following the joint acquisition one year ago, Patron Capital and INBRIGHT Portugal have implemented a structured asset management strategy focused on ESG-led refurbishment, targeted building upgrades and the long-term repositioning of the asset. The objective is to enhance operational efficiency, improve building quality and create flexible, future-ready space for multi-tenant use while strengthening long-term occupancy stability.
Recent leasing activity further confirms this trajectory. Alongside the newly signed 15-year lease with the public sector entity, three existing tenants, Block Control, FDS Beauty and JB Material Sanitário have extended their leases, underlining strong tenant retention and stable occupancy across the park.
The JV between Patron Capital and INBRIGHT is building dedicated investment platforms in both Portugal and Germany with a combined focus on light industrial and last-mile-logistics transformation. The portfolio strategy targets EUR 100 million in Portugal and more than EUR 500 million in Germany. Across both markets, the strategy is consistent: acquire well-located existing assets, reposition them through ESG and Capex measures, and create resilient, long-term investment platforms based on active asset management.
Jonatas Szkurnik, Senior Partner and Investment Director at Patron Capital, said: “Portugal continues to stand out as one of the most attractive investment markets in Europe, supported by strong economic fundamentals and compelling opportunities within the existing real estate stock. Alto Business Park is a good example of the type of asset we seek to invest in: well-located, operationally resilient and offering significant potential for long-term value creation through active management.“
Christoph Gumlich, Managing Partner at INBRIGHT Portugal, said: “We are pleased to have secured this new long-term agreement at Alto Business Park, reinforcing the continued execution of our asset management strategy on site. The agreement reflects the effectiveness of our structured approach to upgrading the property and implementing targeted ESG measures. At INBRIGHT, we actively drive asset performance through hands-on property and asset management—translating evolving occupier requirements into concrete, value-enhancing improvements and a future-proof positioning of the asset.”
About INBRIGHT
INBRIGHT develops, manages and transforms light industrial and logistics properties in economically strong locations with excellent transport connections across Germany and Portugal. Since its founding in 2020, the company has initiated projects with a total investment volume of more than €520 million and approximately 310,000 square metres of rental space. Today, INBRIGHT employs 30 professionals dedicated to creating sustainable and future-oriented real estate solutions.
www.inbright.de
INBRIGHT Portugal, Lda.
Rua D. João V, 30 |
1250-091 Lisboa | Portugal
info@inbright.pt
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 €5.5 billion of capital raised across 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 117 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 and private foundations 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 68 people, including a 43-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
