Financial and ESG Performance Review
2022 Financial Statements
Real Estate - High quality plots
#1
Project located in the heart of Lisbon and
close to various offices.
The project will include:
• Residential building with retail units
⚫ Office building with retail units
• Common areas in an exterior garden
Key metrics:
133,168 sqm
Total GCA
570
Residential Units
#2
Located in the most modern area in Lisbon.
The project is for residential and office
units, being in a dynamic and consolidated
area. Includes:
•
Co-living units
Office units
•
Retail units
89,311 sqm
Total GCA
46k sqm
Office units
#3
Project located in the wealthiest municipality
in Portugal, near major office parks in the
country.
This upscale residential project offers 2
different concepts, allowing great flexibility:
1 pure traditional residential scheme and 1
touristic apartments scheme, enabling Co-
living, buy-to-rent or alternative sub-uses.
81,988 sqm
Total GCA
11
Number of Plots
Co-living units
1 047
Units
494
Areas (sqm):
Residential: 68k
Office: 55k
51%
41%
Retail: 6k
Equipment: 4k
Recent similar transactions:
#4
Project located in a
unique touristic
destination in Algarve. Includes:
•
High end luxury Hotel
•
Townhouses
•
Branded residences
•
5 Villas
•
#5
The project is located in Algarve, a major
touristic destination, and close to the main
beaches in the region.
The concept includes:
•
Residential units
Touristic apartments
.
Hotel
68,025 sqm
Total GCA
386/242
Residences / Townhouses
150 rooms
Hotel
115,506 sqm
Total GCA
613/652
Apartments/Residences
153 rooms
Hotel
5%
15%
Office: 45k
Co-living: 25k
7%
Residential: 79k
Retail: 3k
5%
50%
Residential: 31k
Townhouses: 16k
Hotel: 15k
Villas: 2.5k
8%
Q=0=0=()
52%
28%
Retail: 15k
Equipment: 5k
93%
46%
Amenities: 3k
50%
42%
Year
Comparable Asset Location
Use
GCA (sqm) €/sqm
Year
Comparable Asset Location
Use
GCA (sqm) €/sqm
Year
Comparable Asset Location Use
Prime Lisbon
Lisbon - Other
2019
Project #1
2018
Project #1
Lisbon
Lisbon
2021
Project #1
Lisbon
2020
Project #1
Lisbon
Mix-use
Mix-use
Residential
Office
80,000 900-1,000
180,000 1,500-1,600
15,000 1,400-1,500
40,000 1,300-1,400
n.d.
n.d.
2020
Project #2
Project #2
Project #2
Oeiras
Lisboa
Oeiras
Residential & Retail
Residential
Residential
108,000
n.a.
2019
2019
Project #3
Lisboa
Mix-use
60,000
120,000
300-400
550-650
500-600
250-350
Prime Algarve
n.d.
2022
Project #4/5
Project #4/5
Algarve
Algarve
Residential
Hotel
novobanco
Project #2
Oeiras
Residential
6,587
750-850
Note: GCA Gross Construction Area
Residential: 58k
Touristic ap: 39k
Hotel: 10k
Retail: 9k
GCA (sqm) €/sqm
115,000 750-850
6,800 900-1,000
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