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March 23, 2023

Supermarket transactions in Portugal

Did you know that We have record of more than €430M in supermarkets transactions in Portugal? The evolution of this sector has been significant mainly due to the decrease of risk perception from Real Estate funds of the major tenants, Pingo Doce and Continente, allowing their owners to have more liquidity and diversify capital allocation. […]

Did you know that We have record of more than €430M in supermarkets transactions in Portugal?

The evolution of this sector has been significant mainly due to the decrease of risk perception from Real Estate funds of the major tenants, Pingo Doce and Continente, allowing their owners to have more liquidity and diversify capital allocation.

Main conclusions:

• 67% increase in €/sqm values period 2018-2023

• 15% increase in €/sqm values period 2022-2023

• Average sale of almost €15M

• Average of €1.360sqm

Fonte: Vida Imobiliária, ECO, Others I Análise: ATTA

Note: The transaction of Continente Colombo is not available so we considered, just for this purpose, an estimation with maximum €/sqm of transacted units

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Article written by Miguel Anjos

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