Previous Next
Activium SG wants to enter Portugal with a new fund
03 June 2019 | Vanessa Sousa

Activum SG group launched a new fund which will have between 650 and 850 million euro to invest within the next five years in Iberia and Germany. And it will be through that new fund that the company should start operating in Portugal.

Foto

 

According to Spanish newspaper Eje Prime, the group – which in Spain operates under the company ASG Homes –   is already analysing several investment opportunities in Porto and Lisbon.

Besides wanting to explore foreign markets, this new fund intends to diversify its offer, which is currently focused on the housing market.

«We are very focused on the hotel market, this is our ‘core business’», reveals ASG Homes’ CEO Víctor Pérez, to Spanish EjePrime. Despite the hotel sector being the company’s main focus, this new path will also include investing in office buildings, shopping centres, houses and even alternative sectors, such as senior residences and tourist apartments.

Another goal from Activium SG is to consolidate its position on the Spanish and German markets – two countries where it already operates – and, according to the same newspaper, it’s already looking for investment opportunities in cities such as Bilbao, Coruna, Zaragoza and Valladolid.