Porto Presents Urban Regeneration Strategy and New Housing Models at MIPIM
The municipality highlights affordable rental and student housing projects, focusing on public-private partnerships to attract investment
Porto attended MIPIM, one of the most important international gatherings dedicated to real estate investment and urban development, where it presented strategies and projects aimed at increasing the housing supply and promoting investment in the city and the region.
In Cannes, the Councilor for Economy and Entrepreneurship, Hugo Beirão attended the event accompanied by representatives from Porto Vivo, SRU, and Greater Porto, delivering two presentations focused on urban policies aimed at territorial regeneration and the creation of new housing solutions.
One of the presentations highlighted the "Build to Rent” model, developed under the municipal program Porto com Sentido and managed by Porto Vivo and SRU. The pilot project, Jardins do Oriente, involves the construction of 124 affordable rental units through a public-private partnership model.
This mechanism is based on the municipality leasing the housing units, which it then subleases to families, thereby mobilizing private investment while ensuring affordable rents.
During presentations to investors and urban development experts, Hugo Beirão also highlighted the renovation project for a complex of 22 buildings that will be converted into a student residence with capacity for approximately 100 college students.
As with the housing project, this initiative is based on a model of collaboration between the public and private sectors, enabling the attraction of investment and reducing the financial burden on the public sector. Professional management of the projects aims to ensure efficiency in implementation and operation, contributing to the sustainability of the model.
On a broader level, the region’s main factors of economic and urban attractiveness were also presented, including business dynamism, the quality of human capital, quality of life, and the innovation ecosystem that characterize the Porto Metropolitan Area.
