The Fomento – Real Estate Investment Funds, SGOIC, received a favourable opinion from the Securities Market Commission (CMVM) to be framed as a large manager and can now operate above the threshold of EUR 500 million.
© Global Images
17/09/2026
by
Lusa
ANDin a statement released today, Fomento says that the regulator “deliberated its framework favorably” as a large management company.
Noting that it currently has around EUR 440 million in managed assets and that it is therefore already close to the threshold of EUR 500 million.
“The new framework allows the Company to continue its growth path beyond EUR 500 million, develop larger-scale investment vehicles, monitor more complex operations and respond to opportunities with greater economic relevance,” he said in a statement.
Cited in the document, the Chairman of the Board of Directors of Fomento, Abel Mascarenhas, stressed that this amendment represents “a new cycle” for society.
“ We want to mobilize long-term capital and channel it to the investment, competitiveness and growth of Portuguese companies,” he said, saying that Fomento today has a platform prepared to operate “with greater scale and ambition”.
Fomento also says that the growth strategy for the careful increase in assets under management, the ability to structure operations and the development of new vehicles will maintain the focus “on the creation of sustainable value, investor protection and the economic relevance of investments”.
The Fomento was formed in 1995 and is held in 53.2% by Banco Português de Fomento (BPF), in 33.5% by Caixa Geral de Depósitos (CGD) and in 13.3% by Novo Banco.
Its portfolio consists of five funds for tourism and industrial activity.