Spain & Portugal face structural economic challenges

Exclusive report following GRI Club’s Economic Series with guest speakers from Santander and Banco de España

March 5, 2024Real Estate
Written by Helen Richards

What may be considered a lack of maturity in both the Spanish and Portuguese real estate markets provides significant supply-demand imbalances, and thus attractive opportunities for real estate investors. 

However, both economies face structural challenges and expect slower growth in the coming year. GRI Club’s newly released report presents the economic outlooks for Spain and Portugal.
GRI Club’s Economic Series welcomes economic experts to region-specific club meetings to present on the country’s outlooks. (Credit: GRI Club)

The recent Portugal Economic Series Club Meeting welcomed Rui Constantino, Economic Research and Investor Relations at Santander, to present both the internal and external current economic context, and the outlook for Portugal’s economy.

Meanwhile, Ángel Gavilán, Director General Economics, Statistics and Research at Banco de España, presented near-term projections for the Spanish economy and its structural challenges, at the Spain Economic Series Club Meeting.

Read all key insights from both meetings in the latest GRI report HERE.