Market

Short-Term Letting Sector Sees 81.2% Y-O-Y Drop in Revenues in January

Portugal’s short-term letting sector reported 308,400 guests and 709,900 overnight stays in January 2021.

Property Funds Lost €66.4 Million in AUMs in January

Assets under management (AUMs) held by Real Estate Investment Funds (FII), Special Real Estate Investment Funds (FEII), and Real Estate Asset Management Funds FUNGEPI fell in January.

Altamira Takes Part in Sale of Three Assets to JOM

Altamira Portugal announced that it had finalised the sale of three assets to JOM, a Portuguese household goods chain, for more than €6 million. 

Portuguese State Acquires Office Building from Explorer

Explorer Investments sold the office building to the company Fundiestamo.