Projections for 2025 indicate continued growth in commercial real estate investment, as revealed in a study by Cushman & Wakefield on Tuesday.
In a statement sent to the media, the consultancy anticipates an estimated increase of 8% compared to 2024.
“The real estate market showed resilience in 2024, with a significant rise in transaction volumes and a strong contribution from foreign capital. For 2025, we anticipate more sustained growth, driven by a context of greater macroeconomic stability, notably through the gradual reduction of interest rates, which will favor the recovery of transactional activity. The convergence between buyer and seller expectations is expected to energize the market, while the compression of prime yields, already observed in the retail sector, may extend to other asset classes, maintaining international investor interest,” notes Eric van Leuven, the general manager of Cushman & Wakefield in Portugal, as quoted in the same statement.
The distribution of invested capital in 2024 “confirmed the recovery of the retail sector, which accounted for half of the total transaction volume,” according to the same communication.
“The hospitality and office sectors followed, accounting for 21% and 14% of the total volume, respectively. Additionally, so-called alternative assets consolidated their market presence in 2024, representing 11% of the total investment volume, notably in the student housing segment,” it is further noted.
