2 Portuguese real estate investment funds win the European Property Investment Awards

Portugal news - Two Portuguese real estate investment funds are among the winners of European Property Investment Awards, namely Crédito Agrícola and Fundiestamo.

The Portugal Balanced Fund “CA Património Crescente” (CAPC) by Crédito Agrícola and fund manager Square Asset Management is one of the two Portuguese real estate investment funds awarded at the European Property Investment Awards 2023.

CAPC, that is the largest open-ended real estate investment fund on the Iberian Peninsula is managed by Square Asset Management, while Crédito Agrícola acts as the custodian bank. The fund invests in income-generating properties in Portugal and Spain, covering sectors such as commerce, offices, services, industry, logistics, retail and hotels. Square Asset Management currently manages more than 1.9 billion euros in assets, distributed across several funds, including the Property Core Real Estate Fund, which operates in Portugal and Spain.

The Portugal Specialist Fund “Fundo de Investimento Imobiliário Fechado Fundiestamo I” by fund manager Fundiestamo - Sociedade Gestora de Organismos de Investimento Coletivo, S.A., is the second Portuguese real estate investment fund awarded at the European Property Investment Awards 2023.

The European Property Investment Awards by MSCI recognize the diversified Portuguese real estate portfolio with the best profitability in 2023, analyzing the performance of the last three years.

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