Portugal

Real estate funds manage more than 11 billion euros in February

Real estate funds manage more than 11 billion euros in February

In February, the global value under management of real estate investment funds (FII), special real estate investment funds (FEII) and real estate management funds (FUNGEPI) reached 11,007.6 million euros, plus 3.8 million (0.03%) than in January.

CMVM statistics show that the FII portfolio increased by 0.04% to 8,326 million euros.

The FEII portfolio decreased by 0.02% to 2,352 million euros. 47.5% of the portfolio of open FII and FEII refers to services sector assets.

The amount under management by FUNGEPI rose 0.1% to 329.5 million euros, 46% referring to real estate in the service sector.

In February, Square AM (11.7%), Interfundos (10.8%), and Caixa Gestão de Ativos (8.5%) had the highest market shares.

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