Widerproperty strengthens portfolio with new retail assets

Widerproperty strengthens portfolio with new retail assets

Widerproperty is committed to strengthening its portfolio under management in 2021, namely in the retail area, confident in market opportunities, and confident that the activity levels of 2019 may be back later this year.

Luís Loureiro, CEO of Widerproperty, advanced to Vida Imobiliária that the company has «several processes underway at the moment, namely opportunities that arose from the decision of some owners to outsource the management teams. We hope to expand our portfolio under management very soon with more shopping centers and retail parks ».

«We believe that there are indeed opportunities that are very much in line with Widerproperty's skills. We have DNA and experience in the repositioning of retail assets through Property Management, with all its management aspects included», says Luís Loureiro, who identifies that «in this new economic cycle we are already seeing Widerproperty's requests for intervention in this context, we believe that it will increase in the near future and a part of these new needs stem from the effects of the pandemic as well».

The CEO of Widerproperty considers that, «contrary to what is seen as a probable hypothesis in the market, we believe that the effects of the pandemic will be faster and we will return to an activity identical to 2019 still in 2021, as soon as we can all circulate normally. In view of this scenario, the moment is indeed filled with opportunities in the field of professional asset management Retail, in some cases accelerating decisions and anticipating the needs of the assets that were already considered, but in a different way than what can be presented at this moment. We are very confident!», he concludes.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!