These values represent 3% more than the market average, compared with the retail benchmark organized by MSCI. The company was announced as the winner of the best performing “Specialist Fund”, recognizing it by its investment and management activities for achieving the highest total return relative to the sector benchmark annualized over 3 years in Portugal.
Pedro Caupers, Sonae Sierra’s Executive Director of Investment and Asset Management, states that: “we are delighted that Sonae Sierra has achieved such a remarkable award. It comes as recognition of the excellent performance of our investment and management activities, our thorough investment process, our expertise and commitment to maximize the return on investment for our partners and fund investors.”
The European Property Investment Awards looks to recognize European property funds that out-performed in a number of European countries during the three years to December 2016. All funds are analyzed by MSCI’s Real Estate Portfolio Analysis Service,