Savills IM expects to invest €500M in Iberia

Savills IM expects to invest €500M in Iberia

 

On the company’s sights are logistic assets and, according to Spanish newspaper Eje Prime, these assets should be located in strategic cities in Portugal and Spain. Barcelona, Madrid and Valencia are three examples.

With this plan, Savills IM should reach another one of the goals it set itself: to increase its current logistic portfolio which represents only 2% of its assets.

The investments carried out last year in this territory by the company – which also reached 500 million euro –, were focused mainly in the office and retail segments.

The Aveiro Center commercial park in Portugal was one of the acquisitions that cost the company around 29 million euro, according to Idealista last October.

 

Iberian Property logoIberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!