The potential the Real Estate Management and Investment Societies (SIGI), the Portuguese REITs, have will be one the main themes during two intense days of conferences, since the capitalization potential of this emerging industry may reach 10.000 million euro within the next two years, as estimated by Iberian Property, the entity which organizes this event.
This will be one of the main themes to be debated during the first day of the event, with a panel exclusively dedicated to the opportunity of investing in this type of vehicle in Portugal. Dominique Moerenhout, president of the main European REIT association, EPRA, will take part in this debate, as well as David Brush, Merlin Properties’ CEO, a company which has already announced its intention of constituting a SIGI (REIT).
With one month to go, the Portugal Real Estate Summit had already confirmed 250 participants, 52% of which foreign. The event will take place after a year when commercial real estate investment reached a record 3.000 million euro (as calculated by Iberian Property), and the presence of several participants representing investors from 16 countries confirms that the country continues under the radar of international operators.
Besides representatives from several institutional investors, family offices, private equity, pension and real estate funds, the Portugal Real Estate Summit will also host decision makers from leading companies in the hotel, consultancy, investment management, law and architecture sectors, as well as academic experts and representatives from the sector’s main associations and municipalities.
The event will take place at the Hotel Palácio Estoril. Find the full program for the Portugal Real Estate Summit here.