M&A in Portugal Reached €13.4 Billion in 2019

15 January 2020 – M&A in Portugal totalled 13.4 billion euros in Portugal last year, even as the real estate market showed signs of diminished growth. There were 427 individual transactions totalled, as the real estate sector was again the focus of attention, according to the TTR-Transactional Track Record report.

Both the number of transactions and the amount involved increased year-on-year (15.09% and 17.85%, respectively). However, while the number of transactions reached a record high, the total volume was below that of 2017.

While there were 91 real estate-related transactions, the technology sector ranked second with 62 deals, up 42% year-on-year. The financial and insurance sectors also stood out with 46 transactions, up 18%.

Original Story: Economia Online – Leonor Mateus Ferreira

Translation/Summary: Richard D. Turner