The event, organized by Iberian Property, will take place on the 26th and the 27th of September at Estoril. The Portuguese economic context, the real estate conjuncture, the alternative investment segments or the newly created SIGI will be some of the topics which will be discussed amongst the professionals present.
António Gil Machado, director at Iberian Property, comments that «Portugal is a market that is expanding internationally. SIGIs may capitalize foreign investment exponentially to our real estate, opening the door to global investors who, up until now weren’t present in the market or had one-off deals. Besides the advantages in terms of liquidity, transparency and flexibility, it is a type of vehicle well known to investors and which allows them to be present in several markets which have one common variable. We already know of several intentions of creating SIGIs in the domestic market and the Portugal RealEstate Summit might be an important moment to capture once and for all the interest of other players who will want to follow that path».
António Gil Machado adds that «Portugal has potential for a market capitalisation of the SIGIs which, in three years might double the volume traded directly on the market in 2017 and 2018, which, according to Iberian Property was around 5.3 billion euro. We would be talking of Portuguese REIT industry worth 9 to 10 billion euro until 2021».