The highlight of last week was Aldi’s €50-million investment in a logistics platform in Santo Tirso
The week started with a quiet Valentine’s Day regarding transactions in the real estate market’s various sectors. However, things picked up after that, making news daily. On Tuesday, reports came out regarding the development of a state-of-the-art office complex in Porto by Sonae Sierra and the Ferreira Group. Through an equal partnership, the project benefits […]
Mergers and Acquisitions Up by 14% in January
According to the monthly TTR – Transactional Track Record platform, the volume of mergers and acquisitions increased by 14% in January 2022. Real estate was the most active sector in January with 13 transactions, up by 86% y-o-y. In January, there were a total of 39 transactions worth €505.78 million. Foreign acquisitions in the Technology […]
Construction Sector in Portugal Ends 2021 on an Upswing
An economic analysis of the construction sector, released today by AICCOPN (Association of Civil Construction and Public Works Industries), saw the construction sector ended 2021 positively, with growth in most indicators. According to an estimate released by the National Statistics Institute, GDP rose by 4.9% in 2021, the highest since 1990, after the historic 8.4% […]
New Homes Submitted for Licensing in Lisbon and Porto Fell by More Than 30% in 2021
Compared to 2020, Lisbon and Porto reported a slowdown in residential development in 2021. Dwellings submitted for licensing decreased by more than 30% in both cities. The data was published by Confidencial Imobiliário in its Real Estate Pipeline, based on energy pre-certificates issued by ADENE. The data show that 210 new residential projects in Lisbon […]