Property development to be showcased at SIL 2019
Preparations are underway for Portugal’s largest property fair, Salão Imobiliário de Portugal – SIL 2019 which runs in Lisbon from October 10-13. This year’s emphasis will be on property development say exhibition and fair directors Sandra Fragoso and Fatima Vila Maior
It is the largest property fair in Portugal, attracting annually over 300 companies in the real estate sector and thousands of visitors.
After years in which the focus was on urban rehabilitation and restoring and converting old build to new uses, the emphasis this year returns to highlighting new development at the fair’s 22nd edition.
“This year we’re giving special attention to property development and we want this sector to have a greater presence at the fair and with more product” say fair directors Sandra Fragoso and Fátima Vila Maior.
“Portugal continues to enjoy an extremely dynamic real estate sector with more and more overseas developers investing in the country. We have two types of investors: those from Brazil, China and France making small investments on the back of the favourable Non-Habitual Resident tax regime and the Golden Visa programme”, add Fragoso and Vila Maior.
“Then we have a second wave of investor groups which have begun to appear lately, from the United States, Belgium and Spain and which are in search of opportunities to develop large
real estate projects. We are eager to showcase opportunities for development in this area”.
SIL AWARDS 2019
One of the central events at SIL are the annual SIL Awards which showcase the year’s best property projects and for which submissions are now open.
The categories are: Sustainable Construction and Energy Efficiency; Best Real Estate Project: a) Commerce, Services and Logistics b) Housing c) Tourism. Urban Rehabilitation: a) Housing b) Tourism c) Public Spaces d) Offices e) Commercial and Services. Submissions must be handed in by 13 September.
SIL LAUNCHES SIL VILLAGE AND SIL KIDS CLUB
As for new concepts, SIL is to launch SIL Village and SIL Kid’s Club at the four-day Lisbon fair As part of SIL Investment Pro, SIL Village will offer a premium space set aside for networking and conducting business in an informal environment, one that will be open during both lunch and dinner hours so that companies, partners, real estate groups, bankers,
insurers, consultants and events organisers can get together.
Kid’s Club is another special space exclusively designed with kids in mind, where parents can drop off their kids in a specially designated play area and go off and wander the aisles secure in the knowledge that their children are being looked after by minders who will also organise various play and educational activities for children between 3-12. Another innovation is the way that time at the event will be organised. The week days ( Thursday and Friday) will be set aside for business; for exhibitors, developers, estate agents and other business sectors linked to the real estate market in Portugal.
The weekend (Saturday and Sunday) will be open to the general public while opening hours have been changed and extended. (Thursday and Sunday 11am to 8pm/Friday and Saturday 11am-10pm) SIL will occupy two pavillions (2 and3) while at the same time Living & Design by Intercasa will run in Pavilion 1 with over 20 architects in the Environments and Trends Space with plenty of ideas and tips on refurbishing and redecorating a new home.
SIL has also given its brand logos a makeover with cleaner, sharper geometric lines and a confident bold red to reflect globalisation, digitalisation and the fact that Portugal’s real estate market is also focused on the future and new trends.
SIL 2019 is organised by the Portuguese Industrial Foundation Association – AIP and covers all segments of the sector, from developers, estate agents, banks, services, municipal councils and public entities as well as architectural, civil construction and refurbishment companies and areas from energy efficiency, retail, offices, trade and tourism.