- On the one hand, factors that are external to real estate, provided the Portuguese macroeconomic and budget situation remains stable, and the tax burden does not rise even further...
- On the other hand, internal factors, where we are witnessing massive foreign investment in recent years, a trend that shall remain, with the consequential sale by national entities, especially banks.
The challenges call for a progressive relegation of the importance of Real Estate Investment Funds due to the brutal loss of competitiveness that has taken place over recent years, making the property market much less transparent in terms of operations and information which, objectively, is not beneficial to the sector.