PORTUGAL: SIGI – A NEW TYPE OF REAL ESTATE COMPANY DESIGNED TO ACQUIRE AND/OR MANAGE, COMMERCIAL OR RESIDENTIAL, PROPERTIES WITHIN THE RENTAL MARKET

A Dixcart briefing on 16th April says that the Portuguese Government has introduced a new investment vehicle, exclusively dedicated to real estate investment.  Introduced in February 2019, the ‘Sociedades de Investmento e Gestao Imobiliaria’, (SIGI) introduces a number of features generally associated with Real Estate Investment Trusts (REIT).  It is a new type of real estate company designed to acquire and/or manage, commercial or residential, properties within the rental market.

https://dixcart.com/in581-sigi-a-new-type-of-portuguese-real-estate-company-and-its-benefits

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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