Karl Lagerfeld to Expand Global Real Estate Portfolio with Luxury Property in Lisbon, Portugal
PARIS, FRANCE (December 7th, 2023) — KARL LAGERFELD and OVERSEAS announce their partnership to develop a high-end residential property in the very heart of Lisbon, Portugal. Located between Rua Castilho and the glamorous Avenida da Liberdade, at central Rua Braamcamp, the project will comprise of ten exquisite one and two floor apartments, a communal garden relaxation space, several private swimming pools and unique amenities.
OVERSEAS is a forward-thinking real estate developer headquartered in Lisbon. Specializing in high-end real estate projects, OVERSEAS carries out each project with the goal of minimizing both environmental impact and biodiversity loss, all while maintaining compliance with environmental certification and the Level(s) framework of the European Union. It is this shared journey towards a more sustainable future that led KARL LAGERFELD to choose them as a partner for this next industry-leading project.
"Building on the KARL LAGERFELD real estate portfolio, we are scaling our residential endeavours into Portugal. OVERSEAS is the perfect partner for this exciting project," notes Pier Paolo Righi, KARL LAGERFELD CEO. "We share central values of innovation and improving the future, and I know that this project will be a stunning addition to the rich, vibrant city of Lisbon."
From OVERSEAS side, Pedro Vicente, the developer`s CEO, says that "our company is happy to announce this special partnership, developing a real estate project in central Lisbon with Karl`s inspiration and sophistication. Together with KARL LAGERFELD team and designers, we want to build a reference in comfort and elegance, allied with the most demanding environmental requests in construction and functioning.
This collaboration further expands KARL LAGERFELD's luxury real estate portfolio, following the successful launch of the KARL LAGERFELD Villas Marbella and The KARL LAGERFELD Macau hotel, as well as an upcoming luxury hotel and residential project 'The Sail' in Melaka, Malaysia and the development of luxury branded Villa's in Dubai
Further details and timeline regarding this project will follow.
ABOUT KARL LAGERFELD
The House of KARL LAGERFELD shares the iconic vision and design aesthetic of its founder, Karl Lagerfeld, fused with a contemporary, forward-looking spirit. The brand celebrates his colossal legacy and breathes his passion, intuition and inexhaustible creativity into the core of its DNA.
Featuring Parisian-inspired classics with a rock-chic attitude, the brand portfolio includes ready-to-wear for women, men and kids, plus KARL LAGERFELD JEANS, bags, small leather goods, footwear, fragrances and eyewear. Additional categories include the KARL LAGERFELD MAISON furniture collection and international hospitality projects. The Maison's creative vision is led by Design Director Hun Kim; other members of the KARL family are Brand Ambassador and Product Consultant Sebastien Jondeau, and Sustainability Ambassador Amber Valletta, amongst others.
KARL LAGERFELD connects with consumers at more than 200 stores worldwide — including premium wholesale and franchise partners — with key locations in Paris, London, Munich, Dubai and Shanghai. The brand has a robust digital presence across Europe, the Middle East, Asia, and its KARL.COM flagship.
In 2019, KARL LAGERFELD joined the Fashion Pact, a global sustainability initiative seeking to transform the fashion industry through objectives in three areas: climate, biodiversity and ocean protection.
Press Contact:
Coralie Leroux
coralie.leroux@Karllagerfeld.fr
T: +33 6 72 83 64 78