The most recent Portugal Market Pulse, released by JLL, shows that the foreign investment continues to dominate the market, and that the Portuguese represent only 8% of the total invested.
Fernando Ferreira, Head of Capital Markets of JLL, states in a press release that «2017 got off to a dynamic start and, although several transactions in the pipeline for 2016 were closed, many others are yet to be concluded. If most of the ongoing transactions are completed, we anticipate one of the best years ever with the possibility of more than €2 billion on investment transactions», predicts the responsible.
Until March, retail and offices weighted 61% and 26% of the capital invested, being the main investment sectors. The biggest transaction of the Q1 was the sale of Vila do Conde Outlet for €130 million, followed by Entreposto for €65.5 million. Lux Park Hotel transaction is also noteworthy, since traditionally this sector shows few investment operations.