Continuing a strong period for the Portuguese real estate market in 2015, JLL is predicting that 2016 should be “sustained by a strong real estate investment and good occupancy levels in the office and retail markets, as well as in the growth of home sales”. The company’s analysts base their prediction on the behavior of investors and the office occupancy levels during the first three months of 2016. In the case of investment, “the annual growth is 225 percent, with the volume traded in the first three months of 2016 reaching €570m,” according to the report. In the office market, absorption increased 21 percent to 35,552 sqm in the first quarter compared to the same period last year.
