March 12, 2020
The real estate investment and management company Bondstone plans to invest 400 million euros in Portugal by the end of 2021, in partnership with major international investment groups.
The target is housing projects for the middle class, offices, hotels and student and senior homes. And there are already British and American funds interested in cooperating.
Bondstone owns the Louvre Properties, who has nine projects in development in Portugal. Four opportunities have already been identified in the Lisbon area, where homes for the middle class and offices can be developed, but the company is also monitoring Porto.
Bondstone has been appointed by Universtone, a global private equity real estate investment and development firm. Universtone has developed a strategy to identify, select and invest in real estate opportunities of significant scale, timing local property cycles with an efficient and fast decision‐making process underpinned by focused and highly-skilled local teams. This strategy has been successfully implemented in France, Belgium, South Korea and more recently, in Portugal.
About Bondstone Real Estate
Bondstone is a private equity real estate investment and asset management firm exclusively focused on the Portuguese market, investing across select asset classes and investment styles.
Source: ECO NEWS, AICEP, BONDSTONE