Olimpo Real Estate SOCIMI, S.A. (BME:YORE) agreed to acquire Portimão Retail Center for €20 million on May 16, 2017. As of April 7, 2017, the transaction is subject to approval by the competition authorities in Portugal. João Torroaes Valente, Joaquim Caimoto Duarte, Pedro Teixeira de Sousa, Hélder Santos Correia and Sara Cabecinha of Uría Menéndez Abogados, S.L.P. acted as legal advisor to ORES. GÓMEZ-ACEBO & POMBO Abogados, S.L.P. acted as a legal advisor to Portimão Retail Center. João Torroaes Valente, Joaquim Caimoto Duarte, Pedro Teixeira de Sousa, Hélder Santos Correia and Sara Cabecinha of Uría Menéndez acted as legal advisor to Olimpo Real Estate SOCIMI, S.A. (BME:YORE).