Portugal Real Estate Tenders

Market Size & Growth:
Portugal's real estate market is experiencing explosive growth, with prices rising 61.8% in just 5 years.
2023 saw a 17.2% jump in house prices, showcasing the current trend.
Residential property transactions may be declining, but industrial and logistics real estate is thriving.

Government Procurement:
The Portuguese government plays a significant role in the real estate market through procurement activities.
Public entities invest in infrastructure, social housing, and administrative buildings.
These investments inject capital into the market and influence development trends.

Main Products & Services:
Construction and renovation of buildings rank among the top procured real estate services.
Land acquisition and property management are also key areas of government procurement.
Consulting services for real estate development and planning are increasingly in demand.

Top Authorities:
Direção-Geral do Património do Estado (DGPE) manages the state's real estate portfolio and oversees government procurement.
Instituto da Habitação e da Reabilitação Urbana (IHRU) promotes housing affordability and oversees social housing projects.
Agência para a Gestão e Modernização do Património Imobiliário do Estado (AGEPAR) manages and develops state-owned real estate assets.

Top Procurement Winners:
Construction companies like Mota-Engil, Soares da Costa, and Teixeira Duarte frequently win government contracts.
Real estate developers like Sonae Sierra and Neinor Homes also participate in public tenders.
Consulting firms like CBRE Portugal and JLL provide expertise in real estate strategy and planning.

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