Tikehau Capital, the global alternative asset management group, has made a strategic land investment in Porto, Portugal, via its real estate value add strategy.
The acquired assets are expected to deliver up to 958 residential units distributed across five land plots in Porto, strengthening its presence in the Iberian real estate market.
The five land plots are situated in Alameda das Antas, near Porto's tourist center and adjacent to the Dragão stadium. Tikehau Capital plans to develop up to 100,000 m2, primarily for residential use, including outdoor spaces and green areas.
The project aims to develop differentiated Build to Rent (BTR) and Build to Sell (BTS) schemes, addressing the strong demand in the Portuguese market for both sale and rental properties. This development will be supported by Quest Capital, Tikehau Capital’s operational partner in this transaction.
The landmark acquisition represents Tikehau Capital's seventh residential investment in Iberia, highlighting its real estate strategy’s strong commitment to the residential asset class in this market.
Over the past five years, Tikehau Capital has solidified its presence in the Iberian real estate market investing approximately €1 bn in the region.
