REITS under discussion at Portugal Real Estate Summit
Investors from 16 countries will attend the annual Portugal Real Estate Summit in Estoril on 26 and 27 September.
The summit, considered one of the most important real estate events in the country,
comes in a year which has seen record commercial real estate investment hit €3Bn according to Iberian Property with Portugal still very much the focus of international investors.
At this year’s event, at the Hotel Palácio Estoril, delegates will come from Europe, the United States, Africa and the Middle East.
The majority are from the United States (25%), the UK, (22%), Spain (17%) and Germany (9%) but with a growing emphasis with more diversified investment sources with investors from Portugal Real Estate Summit, Belgium, France, Holland, Italy, Luxembourg and Switzerland present.
This together with investors from Canada, Middle Eastern countries with investments in Europe such as Qatar and Kuwait and even investors from South Africa and Mauritius.
The summit, now in its fourth year, will highlight the main investment opportunities in Portugal as well as the emerging REITs industry (SIGIs) which have a capitalisation potential in Portugal which could reach €10Bn in two years (according to Iberian Property estimates).
This group of international investors represents around 70 entities which include the main European institutional investment houses, big global investors, family offices, private equity, pension funds, real estate funds, REITs, insurance companies and investment banks together with developers.
The event will also feature movers and shakers from leading companies in the hotel, consultancy, investment management, the legal profession and architecture, as well as recognised academic specialists and representatives from the main municipal councils in Portugal, sector associations all from a total of 300 delegates of which 52% are from overseas.