Value under management of real estate investment funds falls to 18.7 billion in May

In May 2025, the value under management of real estate investment funds (FII), special real estate investment funds (FEII) and real estate asset management funds (FUNGEPI) reached 17,801.1 million euros, 73.2 million (0.4%) less than in April.

The data comes from CMVM and says that the amount invested in real estate investment funds fell 0.5% to 16,629.7 million euros.

In FEII, the value increased by 0.5% to 874.9 million euros and in FUNGEPI it rose by 0.4% to 296.6 million euros.

Last month, the European Union countries were the destination of all investment made in real estate assets, with 47.7% of the portfolio of open FII and FEII being invested in properties in the services sector. Investments made by FUNGEPI were also mainly aimed at the services sector (46.3%).

Lynx Asset Managers (13.82%), Square AM (13.34%) and Sierra IG (8.13%) held the highest market shares that month.

In May, the real estate investment company “Zume – SIC Imobiliária Fechada, SA” managed by Zume was also established. The real estate investment company “Obvi Investments – SIC Imobiliária Fechada, SA”, managed by Lynx Asset Managers, was also liquidated.

There was also the transfer of management of real estate investment companies: “Nexponor”, ​​from Funbbox to Insula Capital and “Signia” from Silvip to GEF.