Havos Real Estate has strengthened its capital markets asset portfolio by selling the Gaia Business District, as part of its strategy to achieve one billion euros in cumulative property transactions by 2029.
This business park, with a Gross Lettable Area (GLA) of 32,342 square metres, comprises 59 units and has a high occupancy rate, with only two units remaining available.
The property’s rental positioning relative to benchmark figures of 13 to 14 euros per square metre in Vila Nova de Gaia and 17 to 21 euros per square metre in Porto — highlights the potential for appreciation.
Pedro Barros Rolo, CEO da Havos Real Estate
Pedro Barros Rolo, CEO of Havos Real Estate, notes that this asset “fits precisely into this type of opportunity, combining an established location, a significant occupancy rate and scope for creating value in the short to medium term”.