According to an article in Mansion Global, the Chinese are focusing their attention on Lisbon and Porto before the Portuguese government withdraws these cities from its Golden Visa programme next year.
The VGP group plans to begin the construction in Santa Maria da Feira in January of its first project in Portugal, an investment of 20 million euros. With over 70 logistics complexes in 11 European countries, the group is currently completing its acquisition of land to build four more logistics complexes in Portugal.
As the pandemic increases the need for social infrastructure and the importance of defensive allocation options, investor interest in impact real estate investment could rise.
For individual companies to embrace a circular, zero-waste model, change needs to be driven at city level. And that’s where it gets complicated.