The information was provided by Leonardo Peres, general manager at M7 Real Estate Portugal, who also revealed the company’s intent to strongly invest in Porto.
«We would very much like to continue investing in Porto, because we believe in the foundations and the potential for added value Porto has», explains Leonardo Peres at the Almoço-Conferência (Lunch Conference) Vida Imobiliária which took place on the last 4th of July at the Infante Sagres hotel in Porto.
In this city alone, the management asset company has already invested 15% of its total current portfolio (around €100 million), spread across different types of assets within the commercial segment: offices, logistics and retail parks.
Under the company’s radar are mainly assets which offer the management company the opportunity to add value, in particular within the multi-tenant segment which is often «neglected and considered inefficient due to the assets’ small dimension and the intensive management they require», comments Leonardo Peres. The highlight goes to the office and the logistics segments which, according to M7 Real Estate Portugal’s general manager, «have shown a very interesting and robust occupancy dynamic in Porto».
The company has a 23 asset portfolio in Portugal estimated at 100 million euro, spread throughout the country. Besides the metropolitan areas of Porto and Lisbon, M7 Real Estate invested in a Business Park in Coimbra and a Retail Park in Guarda.