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Portuguese Investment Looking Good Long Term

LONDON-Despite a slowdown in economic growth long-term investment in the Portuguese commercial property sector should certainly pay dividends according to research just released. Opportunities throughout the country are increasing all the time.

By Steve Killick | Updated on September 19, 2001

LONDON-Investment in Portugal’s commercial property sector is moving steadily upwards according to research released by international property agency Knight Frank. The country is continuing to see increased investment activity, including several major infrastructure projects funded by EUgrants. ‘Property investment opportunities of institutional quality arecertainly increasing,’ said Susannah SenGuptah, senior analyst at KnightFrank’s Lisbon office.

Although domestic investors continue to dominate the market internationalinvestment has also grown over the last year due to the rapid growth of openended real estate investment funds. ‘There is still scope to growsignificantly over the next few years,’ said SenGuptah, ‘ which, with animproving quality of product and prospects of significant rental growth islikely to see healthy activity in the Portuguese investment market over thenext few years.’

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