The debut in Portugal is in line with the fund’s bet on investing in the Iberian Peninsula which has been mainly focused on retail. In February the company had already announced its interest in Portugal and Italy.
According to EjePrime, the fund currently has a portfolio estimated at more than 300 million euro in Spain. Without disclosing any specific investment goals, the company stated it is seeking attractive projects.
At the same time, the company is considering entering the Spanish logistic segment, also until the end of the year, following a diversification strategy, having been present in Spain for around 3 years.