Real estate investment reached three billion euros in 2022 (+39%), with investments of identical value to 2022, according to consultancy Cushman &Wakefield (C&W). 

The consultancy highlighted the "excellent year" that 2022 proved to be, recording a "very consistent performance" and showing that "Portugal remains on investors' radar." In the global value of three billion euros, the hotel segment stands out representing 30% of this total, offices 27%, industrial 21% and retail 9%. 

Most of the operations that contributed to that global value were closed at the end of the year, which reveals "a sign of great confidence in the market" and gives "some encouragement to foresee that 2023 will be a more active year than the current conjuncture could lead to anticipate." 

Of the total value of investment in 2022, 76% originated from foreign capital - this percentage does not include the joint investments of national and foreign capital. 

On the year 2022, the data indicate that, in the office segment, the Greater Lisbon area had 2022 the best year ever, with this market absorbing almost 260 thousand square meters and appearing  with a future supply of around 255 thousand square meters (74% of which already absorbed).