Market

Investment in Lisbon’s Urban Rehabilitation Area Fell Back to Levels Last Seen in 2016

Real estate investment in the Lisbon Urban Rehabilitation Area (ARU) has returned to levels last seen in 2016.

Building Permits Down 3.5% While Completed Buildings up 6.0% in 2020

According to newly published data by Portugal’s National Statistics Institute (INE), licensed and completed buildings decreased by 1.0% and 4.1% year-on-year, respectively.

RE Capital and Neworld Launch Reward Properties

The new joint venture between RE Capital and Neworld will respond to the growing demand for high-end property from investors in the UK and elsewhere.

Professionalism is Also Learned!

The construction sector has been holding up well despite the Covid-19 pandemic, maintaining the pace of production and growth seen over the last few years (pre-pandemic levels). Confidence in the construction and public works sectors have also stayed steady.