Real estate market slows down
B. Prime launches an update to Prime Watch which points to the cooling of the market, maintenance of high rents due to lack of supply and where pre-leasing continues to be the model used by companies to secure spaces.
The performance of the investment market has been positive and recorded €691M in turnover, however, Prime Watch points to a drop in activity of around 30% by the end of 2023.
Prime yields, in the different segments, registered a slight increase, reflecting European markets and the impact of inflation and interest rates. For more information, contact: angelique.teresa@bprime.pt
