New York leads the global ranking, while London tops the EMEA region (Europe, Middle East, and Africa). Demand in Portugal is supported by buyers and tenants from Latin America, particularly Brazil.
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The financial rating agency Scope has upgraded Portugal's long-term credit rating from 'A' to 'A+', moving the outlook from 'positive' to 'stable'. The decision is attributed to a decreasing debt-to-GDP ratio, strong fiscal performance, and resilient economic growth driven by tourism, employment, and the Recovery and Resilience Plan (PRR).
Economic indicators released this Friday in the Eurozone and the US have shifted market expectations regarding future interest rate decisions by both the European Central Bank (ECB) and the Federal Reserve.
In response to geopolitical pressures, the G7 will release 100 million barrels of diesel and crude oil through the International Energy Agency (IEA) to stabilize global energy markets.