An all-time high for investment in a third quarter in Portugal but the enthusiasm is blurred by an increase in prime yields

  • Investment turnover reached €1,105 million in Q3 2022, three times the volume recorded in the previous quarter and an all-time high for a third quarter in Portugal.
  • Offices attracted the major share of investment, but the industrial and logistics sector recorded the highest inflow of capital in a quarter.
  • Year to date, capital inflow to commercial property totalled €1,815 million, showing y-o-y increase.
  • yield corrections, started being observed. The prime yield increased by 25bp in all asset classes and further growth is expected until the end of the year.
  • Notwithstanding, we are still confident in a strong investment turnover over the last months of the year