As part of our One Stop Advisor strategy, and supported by the profound knowledge of the real estate commercial market of our Research and Capital Markets departments, today we launch the Outlook of the 1st quarter of 2022 about the Commercial Real Estate Investment Market in Portugal.
In this Outlook we share some relevant data of the Portuguese economy and we make a detailed analysis of the Commercial Real Estate Investment Market in Portugal.
The main highlights from our analysis are:
- The Portuguese economy will continue to recover throughout 2022, given the easing of some COVID-19 measures, with GDP expected to increase 4.9% by the end of 2022.
- Commercial real estate investment in Portugal summed up more than €180 million in the first quarter. Office assets were the most demanded, accounting for 75% of the investment volume.
- Following the high level of liquidity in the market and the strong demand for core and core+ assets, offices compressed the prime yield to 3.75% in the first quarter.
If you want to know more and have access to the complete Outlook, download it now: