The various projects are in different phases, and this amount should be applied until mid-2025.
In Porto alone, he indicated, the investment will reach 16 million euros, for the rehabilitation of apartment buildings, in various areas of the city.
According to João Pedro Pereira, “the investors in this company are from Asian capital, not exclusively from China, but also from other regions” such as Singapore, highlighting that “the company invests in real estate, respecting the history of the cities”.
João Pedro Pereira highlighted “the natural and normal requirements in these circumstances, because these are very old buildings that are being rehabilitated, often in areas that may also have historical remains that need to be cataloged and identified”.
“We have several projects in Évora”, he highlighted, indicating that two “are student residences”, a segment in which there is a deficit in supply in the city.
The company also has a project, also in the Évora area, “which is larger and will include a hotel and a set of apartments that will, in principle, also be managed by the hotel”.
Ecogc Investment began operations in Portugal four years ago and has 10 employees.