Investment in Portugal’s property market set to reach record high in 2017

Investment in Portugal’s property market set to reach record high in 2017

The volume of investment in Portugal’s commercial property market could hit an all-time high of €2bn (£1.7bn) this year, up from around €1.3bn (£1.1bn) in 2016, according to the Portugal division of Cushman & Wakefield.

The volume of investment in Portugal’s commercial property market could hit an all-time high of €2bn (£1.7bn) this year, up from around €1.3bn (£1.1bn) in 2016, according to the Portugal division of Cushman & Wakefield.

The average value of transaction for investment was €31m (£26.6m) in 2016, which is marginally lower than the level recorded in 2015, partly because investors are more cautions following the Brexit vote, according to van Leuven.

By segment, the office sector attracted 48% of total investment, followed by retail at 45%, while industrial property accounted for just 3%. 

 

COMPLETE ARTICLE HERE / SOURSE: 

https://www.propertyinvestortoday.co.uk/breaking-news/2017/1/investment-in-portugals-property-market-set-to-reach-record-high-in-2017

 

 

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