Sonae Sierra ‘Best Investment Manager’ in Iberia

Shopping centre management company Sonae Sierra has been chosen as the ‘Best Investment Manager’ on the Iberian Peninsula by the magazine Euromoney.

The Global Euromoney Real Estate award for the Portuguese company, part of the Sonae Group, was based on a real estate sector executives survey. The awards recognise companies with the best products and services.
In a communiqué the company said that the recognition reaffirmed Sonae Sierra’s position as a “driving force in the Iberian real estate market, based on specialised knowledge, responsible investment practices, and an extensive and profound network of creation and execution”.
Sierra also recalled that it was also the first real estate company in Portugal to issue green bonds, linking the conditions of the bonds to its performance in terms of sustainability, namely greenhouse gas emissions, and rates of recycling at shopping centres under its management.
“With three decades of history under its belt, Sierra has consistently shown its experience in Investments Management”, said Luís Mota Duarte, Chief Financial Officer and Executive Director of Investment Management at Sonae Sierra.
Sierra manages €6.7Bn of assets in Europe in sectors as diverse as logistics, offices, and mixed-use assets structured in 15 investment vehicles in partnership with private international investors.