Credit: David Krapka / UnsplashPortugal 2021: Economy and Real Estate Outlook
As the Portugese political elections loom, and European real estate enters a post COVID recovery phase, what real estate growth forecasts can be projected for Portugal in the 2021 investment cycle and how can the country remain competitive to attract international capital and leverage debt post pandemic?
Over 100 GRI Club senior investors, asset owners and developers gathered online last week to discuss growth forecasts for Portugal’s 2021 real estate investment cycle especially on how to remain competitive to attract international capital and leverage debt. The majority agreed that the logistics is the one to watch for outperforming asset resilience, followed by offices and the main factor that might hamper Portuguese RE's story of success is political uncertainties, followed by economic indebtedness.
Contributors included João Cristina (Merlin Properties), Paula Carvalho (Banco BPI), Francisco Sottomayor (Norfin), José Cardoso Botelho (Vanguard Properties), Nicolas Goffin (Besix Red), Pedro Coelho (Square Asset Management), Pedro Seabra (Explorer Investments) and Vítor Oliveira (GNB Real Estate).Check below the main expectations of senior executives present online and download the presentation by Paula Carvalho (Banco BPI).
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