Tikehau Capital announces the latest investment of its real estate value-add strategy in Portugal, which is expected to deliver up to 958 residential units distributed across five land plots in Porto, strengthening its presence in the Iberian real estate market.
The five land plots are situated in Alameda das Antas, near Porto's tourist centre and adjacent to the Dragao stadium. Tikehau Capital plans to develop up to 100,000m2, primarily for residential use, including outdoor spaces and green areas.
The project aims to develop differentiated Build to Rent (BTR) and Build to Sell (BTS) schemes, addressing the strong demand in the Portuguese market for both sale and rental properties. This development will be supported by Quest Capital, Tikehau Capital’s operational partner in this transaction.
"We are pleased to announce our latest investment in Portugal, marking our fifth investment in the country and the seventh in the residential sector across Iberia. The opportunity to develop approximately 1,000 residential units demonstrates our strong commitment and optimistic outlook for the region's future. Moreover, it highlights Tikehau Capital's dedication to developing a diversified investment portfolio across various asset classes within our value add, core, and core strategies in the Iberian real estate market," commented Emilio Velasco, Head of Real Estate in Iberia at Tikehau Capital.
Image source - Pexels.
Europe Real Estate — an overview of real estate developments in European countries.
