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Portuguese funds manage €45.7M more in October
26 November 2019 | Ana Tavares

The portfolio managed by Portuguese real estate funds increased 45.7 million euro last month, for a total 11.006.1 million euro under management.

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Real estate investment funds registered a 0.5% increase over the amount under management to 8.092.7 million euro. The special real estate investment funds registered a 0.38% increase to 2.525 million euro. The real estate management funds now manage 388.3 million euro, 0.8% less than in September.

EU countries remained as the destination of all real estate asset investment. 45.7% of open real estate investment funds’ and special real estate investment funds’ portfolio was invested in services assets and 61% of real estate management funds’ portfolio was invested in retail.

According to data from CMVM (Portuguese Securities Market Commission), in October Interfundos, Square AM and Norfin held high market shares of 12.6%, 10.6% and 10% respectively.