Portuguese real estate consultancy PREA has been selected by EDP, the largest operator in the Portuguese energy sector, to lead and manage a project to optimise management and create value from EDP's real estate assets. At the moment, EDP's property portfolio totals more than 9,000 assets across Portugal.
Portuguese real estate consultancy PREA has been selected by EDP, the largest operator in the Portuguese energy sector, to lead and manage a project to optimise management and create value from EDP's real estate assets. At the moment, EDP's property portfolio totals more than 9,000 assets across Portugal.
'Projecto CADIM is, in many ways, an emblematic and innovative project. Aggregating all the property of EDP Group will maximise the value of the portfolio and will also allow implementing, at a latter stage, of some specific policies and strategies, resulting in an improving sustainable and efficient portfolio,' said Frederico Andrade e Sousa, CEO of PREA.
Real estate management firm PREA currently manages over 430,000 m2 of space across Portugal. In 2008, the company broadened its business areas to Property Consulting, providing services to owners and users, delivering market analysis and research and providing advice on real estate products and strategies. PREA is headquartered in Lisbon, offering a number of offices in Greater Lisbon and Greater Oporto, with a team of 32 employees.
