Value of Portuguese real estate funds falls 1.1% in April

Value of Portuguese real estate funds falls 1.1% in April

Published at: 2016-05-25 09:53 | Author: CIJ Portugal
The value of real estate investment funds amounted to €10.8bn in April, a 1.1 percent fall from March, according to the Portuguese Association of Investment Funds, Pensions and Wealth (APFIPP). It claims that there's been a 3 percent decrease in the value of properties held by funds since the beginning of the year and that the value is currently €10.828bn. No new funds were listed In April, while the liquidation of Real Estate Investment Fund Closed Lionesa was verified. This meant the number of real estate funds in Portugal is now 2011.

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