Market
Insights
We invest in Purpose-Built Rental Solutions, a strategy supported by structural gaps and demand-driven by demographic and economic trends
Increase in prices
Residential real estate prices in Portugal increased by 30% in the last 5 years.
Middle-class purchasing power
Urban middle class unable to afford property due to increasing interest rates and equity requirements.
Decrease in Residential Buildings
In main urban areas, lengthy approval processes, limit supply.
Rental growth
Rental prices increase despite the growing number of units in the market.
Smaller households
Single-parent/divorced families, young professionals, digital nomads, students, and retired active seniors.
Generational changes
Millennials and GenZs favor flexible, ready-to-live solutions in urban locations, with affordable prices. ‘generation rent.
Sources: Statistics Portugal, Eurostat, Pordata
Investment Criteria
Low acquisition prices
We identify attractive opportunities, acquiring assets with a low average square meter price.
Lower development costs
Purpose-built solutions thought for scale, for lower development and construction costs, enabling us to supply affordable residential solutions.
Key Locations
Projects located in cities with high unmet demand both for residential and student accommodation, using affordability and proximity to public transport networks as key differentiators.
Environmental, Social, and Corporate Governance
Real Estate is responsible for 30% of greenhouse emissions. Companies need to leverage their ESG performance to drive value and stay competitive. Better ESG profiles lead to the outperformance of peers and create additional value. Aiming for Leed/Breeam certification in all our projects.
Management Team
Pedro, Roey and Jaime bring a proven track record managing large scale assets. Having focusing on the Portuguese student residence market, they have developed and managed a portfolio of c.2,000 rooms of student residences in key academic cities in Portugal.
Alea Capital Partners is seeking to raise capital to expand its platform by developing and managing additional Purpose-Built-Operational-Real-Estate projects, focusing in: Purpose-Built Student Accommodation (PBSA) and Purpose-Built-to-Rent / Multifamily (BTR).
Portfolio
We invest in the development and management of operational real estate that responds to the main drivers of residential demand in the main urban areas, such as student accommodation and residential rentals.
PBSA
Build to Rent
Scalable Purpose-Built
Deal Sourcing
Development Expertise
Hands-On Operation
Superior Design Capabilities
The growing demand for accommodations throughout the academic year continues to rise, making PBSA development an appealing prospect in the living landscape.
