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AT A GLANCE! KEY P is ’s second city and the DEMOGRAPHICS capital of the industrial Northern region. Its prestigious not only attract Best Start-up Average take-up 2018-20: international students, but also create a Friendly City 67,000 sqm pool of talent. As a result, a number of of 2018 (World Excellence Awards) well-known international companies Projected growth 2020-30: -3.5% Total stock: have been drawn to the area. POPULATION 1.2M sqm Share of 2020-35 Demand: O yrs old: 16.2% 1.7M O x3 since 2016 with +30 new international Weight of international F companies establishing in the city companies in 2020: F 82% HOUSEHOLDS Projected growth Weight of TMTs and Corporate Prime Rent (Q1 2021): R 2020-30: +2.3% 696,878 I C Sectors in 2020: 60% €18/sqm/month

Share of international E GDP Forecast 2020-30: +17% students: 17% STUDENTS Prime Yield (Q1 2021): Int. students growth S 6.25% T 2015-19: 16.2% 81,702 O AWARDS AND RECOGNITIONS

Europe's Leading City 2020 Best Airport in Best City in Europe #2City Life Index #10 Best Erasmus Break Destination Europe to Live as a Family Destination in Europe Time Out 2018 World Travel Awards 5-15M pax/yr category, Sumo Fians 2021 2015 2016 2017 ACI Europe 2020 #1 2018 2019 2020 P RESIDENTIAL* CONTACTS Houses sold in 2020: Average New Porto City: Average new prime location: 27,519 €2,440/sqm €4,200/sqm

2014-2019 Growth: 2017-2020 Growth: 2017-2020 Growth: Cristina Arouca HIGH Research Director +118% +46% +77% O STREET [email protected] Houses rented in 2020: Average house rent: First large size 13,874 €6.10/sqm/month co-living scheme RETAIL 208 Y-o-Y Change: 2017-2020 Growth: Eduardo Pimenta units Smart Studios +11% +34% opening in 2022 Capital Markets Director Porto [email protected] Aliados: R with its monumental it is the Prime Yield (Q1 2021): city’s "shop window" *considers PMA (Porto ) 4.50%

Lello: Sofia Pires selected by TIME magazine Consultant Offices Porto as one of the most relevant [email protected] T bookshops in the world

Santa Catarina: largest high street retail footfall in Portugal T Overnight stays 2019: Hotel RevPAR 2019: Ecaterina Andronachi 4,587,237 €74 Consultant Retail Porto O [email protected] Prime Rent (Q1 2021): O €65/sqm/month Growth 2014-2019 RevPAR growth 2014-2019: U +80% +90%

R Share of foreign tourists: Prime Yield (Q1 2021): Prime Yield (Q1 2021): To learn more about CBRE Portugal Research, 83% 5.50% or to access additional research reports, 5.75% I please visit the Global Research Gateway at www.cbre.com/researchgateway S Major markets: , , M