Commercial real estate news in Portugal
Latest news and stories about commercial real estate in Portugal for expats and residents.
Latest news and stories about commercial real estate in Portugal for expats and residents.
Greater Porto will gain 51,000 square metres of new office space this year, according to Sofia Pires, head of Commercial Real Estate at Dils in Porto. She notes that 70% of this new supply is already taken, as companies increasingly encourage employees to return to the office to foster collaboration and culture. Developers are responding to this demand, with 130,000 square metres of office space expected to reach the market by 2028, including major projects like HOP - Heart of Porto, Spark Matosinhos, and various redevelopments by Avenue, Sonae Sierra, Grupo Ferreira, and Mota-Engil. These new developments prioritise sustainability, ESG standards, and green certifications to attract and retain talent. Last year, commercial real estate investment in Portugal reached €2.8 billion, with the Northern region, particularly Greater Porto, attracting significant international interest.
Turismo de Portugal launched a public tender this Wednesday for the lease, with an option to purchase, of the Hotel Turismo da Guarda, for which the winner must pay a minimum monthly rent of 3,858.34 euros. According to the tender notice, which the Lusa agency had access to, the tender is intended for non-residential purposes.
PLMJ advised Actium Capital, a Portuguese investment and consulting firm, on the acquisition of the Castilho 165 building in Lisbon from Tristan Capital Partners, a real estate investment manager. The PLMJ team that advised Actium Capital throughout all stages of the acquisition was led by Ricardo Reigada Pereira, partner and co-coordinator of the area of...
PLMJ advised the Yael Foundation, a philanthropic organisation, on the acquisition of the Impala Building, the headquarters of the Impala Group. The PLMJ team involved in the operation was led by partner and co-coordinator of the Real Estate and Tourism practice Ricardo Reigada Pereira, with the participation of coordinating associate Hélder Santos Correia and associate Miguel André.
The Property Core fund has acquired the Alameda Shop & Spot retail centre in Porto for €51.3 million.
The Property Core Real Estate Fund, managed by Square Asset Management, announced on Tuesday the acquisition of the Alameda Shop & Spot shopping centre, located next to the Estádio do Dragão in Porto, for €51.3 million. The former Dolce Vita Porto, like the shopping centres with the same brand in Coimbra and Vila Real ...
Investment in commercial property increased by 22% in 2025, reaching €2.8 billion.
Investment in commercial real estate has increased by 60%, reaching €1.8 billion by September.
