The numbers were revealed in a survey recently carried out by Cushman & Wakefield on more than fifty real estate investors, released this Monday, in order to understand the pandemic’s impact on investment intents, occupancy markets and prices for all types of real estate assets in Portugal. And they show that investors also expect to gain around 3.000 million euro in sales in the near future.
According to C&W, despite the pandemic, investors remain interested in acquiring offices and student residences. But the logistics, housing and healthcare segments gained relevance. Most respondents predict that occupancy activity will return to normal within three months, as opposed to a slower recovery from the other real estate segments, especially retail and hotels.
In the study, the consultant highlighted that «investors are, for the most part, active and operationally prepared to close deals, and do not anticipate significant discounts. They believe the market will remain dynamic but subject to offer availability. This is one piece of good news that becomes evident with this survey».
It should be noted that 83% of respondents believe the Portuguese real estate investment market will recover to pre-pandemic levels of activity and prices within the coming 18 months.