December 2020

In December 2020, the amount under management of Real Estate Investment Funds (REIF), Special Real Estate Investment Funds (SREIF) and Real Estate Asset Management Funds (REAMF) amounted to €10,583.6 million, an increase of 159.0 million (1.52%) than in November.

The amount invested in real estate investment funds increased by 0.7% registering €7, 752.5 million. The amount under management of SREIFs increased by 1.1% up to €2,409.1 million and the amount under management of REAMFs rose by 24.0% up to €422.0 million.

The EU Member States were the key destination for real estate investment corresponding to 100% of the total investment with 47.1% of the portfolio weighting for REIFs and SREIFs in the services sector. The commerce sector was the purpose of most REAMFs (46.2% of the total amount).

Interfundos (12.5%), Square AM (11.3%) and Caixa Gestão de Ativos (9.2%) held the highest market shares.

In December, the special real estate investment companies 'Substança Numérica - SICAFI, SA' and 'Coincident Discovery, SICAFI, SA', managed by Lynx, and 'Almost Future, SICAFI, SA' managed by Silvip, were formed.

Last month, the real estate investment fund 'Solid - Fundo de Investimento Imobiliário', managed by GNB Real Estate, and the special real estate investment funds 'R Invest - Fundo Especial de Investimento Imobiliário' managed by GNB Real Estate, 'Imoreserve - Special Real Estate Investment Fund' managed by First Fund Box, and the 'Oceânico - Fundo Especial de Investimento Imobiliário' and 'Gestão Imobiliária - Fundo Especial de Investimento Imobiliário', managed by Interfundos, were liquidated.

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CMVM - Comissão do Mercado de Valores Mobiliários published this content on 19 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2021 14:51:05 UTC