Portugal

Portuguese government to sell and concession 23 public assets

Portuguese government to sell and concession 23 public assets
Image by Freepik.

The Portuguese government has announced plans to dispose of 23 public properties, combining direct sales with concessions to private partners, as part of its broader housing strategy.

The portfolio includes nine assets earmarked for sale — among them the former headquarters of the Presidency of the Council of Ministers, as well as buildings previously occupied by the Ministry of Education and other state departments. In addition, 14 land plots will be made available for public-private partnerships.

The sites identified for concession cover seven plots in Lisbon, two in Amadora, and one each in Porto, Almada, Oeiras, Albufeira and Faro. Some of these assets have been listed before and are now returning to the market.

The announcement was made during a ceremony in Lisbon marking the signing of a financing agreement between the government and the European Investment Bank (EIB). According to Minister for Infrastructure and Housing Miguel Pinto Luz, the initiative reflects “a collective commitment from the Council of Ministers around the challenge of housing”.

While the measures are framed as part of efforts to boost the supply of affordable housing, the government has not clarified whether the properties being sold will be required to serve residential purposes. Officials emphasised that discussions on public real estate and investment, currently being mapped by state holding Estamo, will remain a priority at upcoming cabinet meetings.

The programme runs in parallel with a new credit line agreed with the EIB, designed to accelerate the construction of affordable housing in partnership with municipalities.

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