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Nuveen Will Invest €300 Million in Spain and Portugal This Year

The fund manager is considering entering the student residence segment in Spain and is also planning to strengthen its position in the logistics sector.

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The fund manager Nuveen Real Estate is planning to invest around 300 million euros in Spain and Portugal during 2021. In this way, it would maintain the high rate of investment that it achieved during 2020, when it committed around 400 million euros.

In addition to the retail sector, Nuveen has greatly diversified its business in recent years with investments in the logistics, rental housing and student residence sectors. In the case of the latter, it already has a presence in Portugal and is now analysing operations in Spain, according to Marta Cladera de Codina, Nuveen Real Estate’s General Manager for Spain and Portugal, speaking to Expansión.

Read the full article in Spanish.


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