A remarkable 92 percent of the real estate investment taking place in Portugal is of foreign origin, with US investors leading the way with 43 percent of all investment, which is 11 percent of their closest rivals from Spain. According to a new report of B.Prime consultant, this increased interest in real estate assets by US investors is being repeated around Europe. The devaluation of the euro against the US dollar is one of the main factors driving the trend. On the other hand, real estate investment fund investment is falling as they tend to be selling assets. “The overall decline in market yields, selling activity of national funds and the growing interest of international investors has created a dynamic not seen for a long time in the domestic investment market. A staggering increase of 154 percent in one year is remarkable and may be repeated in 2016,” says Jorge Bota, Managing Partner of B. Prime. The jump in investment means that investors acquired assets totalling €1.8bn, the most active year for Portugal on record.
