Of note is the announcement that Sonae Sierra is going to manage CTT’s real estate

Of note is the announcement that Sonae Sierra is going to manage CTT's real estate.

With the end of the month approaching, this past week, in addition to some relevant announcements and investments, there was the release of various statistical data, namely in the segments of housing, offices, real estate investment funds and the mergers and acquisitions market volume.

There were news related to asset management and the housing segment and the health area have been highlighted as well.

At the beginning of the week, there was the announcement that Sonae Sierra is going to manage CTT’s real estate assets. The company was chosen to manage 400 retail and logistics properties, valued at around 110 million euros. The official announcement should be made at the beginning of November; however, it is known that the portfolio consists of stores, normally located in the centre of the localities and by CTT’s warehouses and logistics/distribution centres.

With the ending of the week, it was turned public that a CUF clinic will be born in “Terras da Comporta”. VanguardProperties and CUF have teamed up on the project of a proximity clinic in Comporta. The new health unit will have an investment of two million euros and the building will be built in the “Dunas” plot, in the municipality of Grândola, parish of Carvalhal. The clinic which will be strategically located in a space of the enterprise has its opening scheduled between the end of 2023 and the first half of 2024.

Finally, PREDIBISA presented the new development NATURA. The innovative housing project is located on the land of the emblematic Efanor factory, in Matosinhos, a place of choice for those looking to live in the urban centre. The development will be marketed exclusively by PREDIBISA and the construction will be in charge of Telhabel. The value of the investment was not revealed. The project preserves the privacy of the residents, with the tranquility of a unique landscape and pure nature, amongst trees, water mirrors and pedestrian paths, with approximately 30,000 m2 of green area.