It is also, in an increasingly clear way, finding in logistics one of the new strategic pillars of investment in the country. In September made already an article about this. The announcement now made by the Belgian-British alliance between Mitiska Reim and Chancerygate confirms exactly this trend.

We are talking about an investment of around 25 million euros to develop the Campo Raso Business Park, in Sintra, on a former industrial land with 2.7 hectares. A project that was born in a speculative way, without guaranteed lease contracts at the outset, which clearly reveals the confidence that these international investors have in the Portuguese market and in the demand for urban logistics and light industrial spaces.

The park will have almost 15 thousand square meters, divided into 15 units, and will be able to create up to 100 jobs. But more important than the square meters or the number of jobs is what this investment symbolizes. A joint venture between the UK's largest urban logistics developer and one of Europe's leading investors in convenience real estate does not enter a new market without studying the risk and potential in detail. And, after analyzing, he chooses Portugal as his gateway.

The location is also not a coincidence. Sintra, with direct connections to the main access roads to Lisbon, is today one of the areas most pressured by logistics demand. The proximity to urban centres, road networks and consumption centres makes this type of project an increasingly valuable asset for last-mile operators, small industries, and services.

The most interesting thing about this movement is to realize that this is not an isolated investment. Chancerygate Mitiska herself has already announced that they are actively looking for new opportunities in Lisbon and Porto. In other words, this project may be just the first step in a broader expansion strategy in the national territory.

Mitiska, in turn, already has a relevant history in Portugal. Since 2017, it has acquired or developed eight commercial parks and mixed-use assets and currently manages more than 150 thousand square meters of gross leasable area spread across the country. This new step in the urban logistics segment shows how the investment profile is evolving and diversifying.

Portugal today brings together a rare set of factors that explain this interest. Strategic geographical location, quick access to key European markets, political stability, still competitive costs, modern road networks, and a profound transformation in consumption patterns driven by digital commerce. All this accelerates the demand for warehouses, light industrial parks, and urban logistics.

When we link this investment to the growth of the Covilhã data center, Siemens' reinforcement in artificial intelligence, the entry of new venture capital funds and the solid FDI numbers, we realize that there is a common thread. Portugal is becoming a country of critical, technological, and logistical infrastructures for the new economy.

Logistics is no longer a discrete sector. It is now one of the silent engines of economic growth. And the fact that international institutional investors are choosing it as a bet in Portugal is further proof that the country is no longer just a consumer market to become a true strategic node in the European economy.