Market Pulse Q3 2020

The publication Portugal Market Pulse Q3 analyses the performance of the office, retail, investment and residential markets, as well as the main trends in the real estate industry.

November 03, 2020

The arrival of the Covid-19 pandemic has brought uncertainty to all real estate sectors, being all affected in different ways.

In the office market, decisions are still on hold, resulting in a slowdown in the demand of office spaces, with a direct impact on the take-up evolution.

The retail sector was one of the most affected, given the huge drop in sales due to the closing of stores and to restrictions within stores, which continue to have an impact on sales.

In terms of investment, the feeling is positive. Despite the adversities, the Portuguese market continues to have active investors in the market.

As for residential, the sector is resilient. To date, prices have remained stable, sustained by the imbalance between supply and demand.
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