Portugal value-add office program with a primary focus on central locations in Lisbon and Porto which benefit from an acute shortage of high-quality office space.
Joint Venture with local operating partner FS Capital to pursue value-add office investments. FS Capital benefits from a strong track record and network in the Portuguese market. The proposed strategy for the program is based on aggregating a portfolio of under-invested office assets with value-add potential with a primary focus in central locations in Lisbon and Porto.
The Joint Venture capitalises on attractive market dynamics including robust economic growth, a prolonged undersupply of office stock and strong occupational demand from domestic and international occupiers as a result of new job creation and back-office / shared service relocations.