Iberian Property has gathered a jury composed by 44 renowned professionals from both the Portuguese and Spanish real estate sector, with diversified backgrounds and areas of activity, such as Asset and Investment managers, Developers, Consultants, Bankers, Insurers and Lawyers.
Debuting with five categories, investment transactions and ESG are the elements to be evaluated. Specifically, Iberian and International investors have shown their commitment to the Iberian Property Awards initiative in the following:
- Deal of the Year in Spain
- Deal of the Year in Portugal
- Green Asset Initiative of the Year (E)
- Social Impact Initiative of the Year (S)
- Investor Reporting of the Year (G)
Candidacies were received during the months of May and June, and the investment projects involved sum up to more than 3.4 billion euros – Spain leading with 2.03 billion euros, and Portugal coming up close with 1.41 billion euros.
Source: Iberian Property
Having in mind that the Iberian investment volume was around 15.4 billion euros, this mean that theapplications submitted represent almost one fifth of the total volume transacted. It should be highlighted the representativeness of the Portuguese market, where in 2022 investment volume slightly surpassed the 3 billion euros mark, meaning that the candidacies being evaluated reflect almost half of that investment.
Investment funds, Developers, Socimis…who’s in?
With 4 nationalities present, Spain and Portugal represent the largest share, and they are represented by reference companies like AEDAS homes, Lar España, Square Asset Management, and Sonae Sierra. Still in Europe the United Kingdom is being represented by Round Hill Capital, and the United States count with big players such as Gresystar, Nuveen, and Prologis.
In partnership with Drooms, Iberian Property techological partner, the jury is currently reviewing all materials, and two voting rounds are expected to come up with the finalists and winners of the categories above mentioned.
Given the proximity of the Portugal Real Estate Summit, the Awards ceremony will be held on the 19th of September, in Estoril, at the acclaimed Casino do Estoril – “Salão Preto e Prata”, coinciding with the Iberian investment reference event! As previously indicated this ceremony will happen under a ‘Gala Dinner’ format.
Stay connected with Iberian Property to find out all details of the submitted projects!