One of the largest real estate investment companies, Glenbuck Investments Limited, gets interested in property units located in resort zone of Portuguese real estate.
Online PR News – 05-July-2012 – limassol – Glenbuck Investment Limited is an experienced investment company with head office situated on Cyprus. The company in terms of its profitability is one of the strongest entities on the territory mentioned. The company is represented by its local subsidiaries in 4 European countries and covers wide range of real estate units. The main scope of business activity is property management of listed property vehicles for corporate and private clients.
Last month Maria Toure, the CEO of company, has announced the plans of Glenbuck Investment Limited for the next two quarters of the year. According to developed business plan the company is to enter Portuguese real estate market in next two or three months depending on market conditions and world economy recovery rate. If the present pace of economic stabilization stays the way it is known, than the company will be able to open several branches in main cities of the country. The subsidiaries are to be located in Lisbon, Porto and Amadora. These cities are of a particular interest due to their location in resort belt. Lisbon is a financial and industrial hub so the main branch of local office will be located there.
The experts of Glenbuck Investment Limited continue monitoring and researching the scope market tracking the main trends and researching business conditions. Project planning department has started an extensive program of opportunity search looking for the most attractive and competitive projects. When adding any unit in the list of interest analysts pay great deal of attention to the location. All shopping centers and buildings, interesting to the company, in majority of cases are located in residential areas. Glenbuck Investment Limited is also interested in property like private villas and summer houses. Portugal is a great resort, and tourist sector is highly developed sphere of the economy.