Lisbon and Porto in North American investors crosshairs

  • Home >
  • Lisbon and Porto in North American investors crosshairs

Lisbon and Porto in North American investors crosshairs

Published on 23rd April 2019

According to the Financial Times (FT), Lisbon and Porto are among those aimed at becoming a best-seller in the United States for residential projects aimed at students.

The business report reveals that Nuveen, former Nuveen Investments, a subsidiary of TIAA which is an American asset company, is currently investing in the real estate market of the European continent. The company has announced in March 2019 that it is investing in student study in Vienna, Porto and Lisbon.

Jasper Gilbey, director of Nuveen, explains to FT that this investment is “a new strategy in Europe”. Jasper points out to more consistent income gains comparing to the revenue of the traditional classes of real estate assets.

In addition to Portuguese cities, Europe is increasingly attractive to these investors. The FT also referred to Brookfield, a Canadian alternative asset management company, last year bought a majority stake in the German company International Campus Group. In January, it also bought an asset in Paris. And at the end of last year, the KKR, the private equity group, acquired a second student residential project in the Netherlands as part of a joint venture with Round Hill Capital.

390 beds and 250 flats for students, in Lisbon

Keep in mind that TPG Real Estate and Round Hill Capital joined up to create a big residential project of 390 beds for students and about 250 apartments on a plot of 39,000 m2 at Campo Pequeno in Lisbon.

LaSalle Investment Management, which has 66 million dollars (59 million euros) globally, and is based in Chicago, invested in debts that finance student residences in Spain, in addition to its investments in the United Kingdom.

As Europe begins to integrate institutionalized student studies, the UK is moving to the next frontier: “co-life,” an investment strategy that applies some principles of student residency, outlined in the early ‘90s, for graduates in their twenties and thirty-some years.

Source: Diário Imobiliário

About Portugal Homes
PortugalHomes.com specializes in selling Holiday Homes and Investment Properties. We help buyers find the right property overseas whether it be for Golden VisaNHR, Investment or simply a place in the sun, our properties are selected with great thought in mind to give our clients the best opportunities, we offer the complete service from Introducing them to Legal RepresentativesCurrency ExchangeMortgage AdvisorsProperty ManagementRental and Furniture Packages along with making sure all our staff are trained to fully understand the buying process and taxes for every scenario, we provide the complete service to anyone looking to buy a new or resale property overseas for holiday use or as a short or long-term investment.

To find out more, please contact us:

Download our
brochure now
Available below

latest news

12
Jun
Portugal best European destination for the 3rd consecutive year

Portugal best European…

Portugal was chosen this weekend as the best European tourist destination for the third year…
12
Jun
Portugal’s Golden Visa on Track to Raise a Record Billion Euros in 2019

Portugal’s Golden…

After a slight drop in the first three months of 2019, the investment volume trend turned…
11
Jun
Festas de Lisboa, Lisbon’s Popular Festivities

Festas de Lisboa, Lisbon’s…

In June, have fun at the popular “Festas de Lisboa”! The main night of Lisbon’s…

Please note that Portugal Homes will use the above details to contact you only. By submitting this form, you confirm that you agree to our website terms of use, our privacy policy and consent to cookies being stored on your computer.

Search for a property

latest properties

Sold
Liberdade
€535,000
  • Bed 3 Bed
  • Property TypeBuilding
  • Area120 sqm
  • REF: PW443
Available
Baixa
€890,000
  • Bed 2 Bed
  • Property TypeApartment
  • Area115 sqm
  • REF: PW442
€380,000-€550,000
  • Bed 2 Bed
  • Property TypeApartment
  • REF: PW441
Available
Liberdade
€2,200 /pm
  • Bed 2 Bed
  • Property TypeApartment
  • Area100 sqm
  • REF: PW437
SIGN UP FOR PROPERTY ALERTS