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(Credit: frimufilms | Freepik)&nbsp;\u003C\u002Fspan>\u003C\u002Fdiv>\r\n\u003Cbr \u002F>\r\nAs is no secret, one of the major social challenges facing Portugal is the housing crisis, and more specifically, the significant lack of supply. The ability to build to a higher capacity in greenfield development was highlighted as a relevant factor in tackling the housing crisis.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nPortugal&rsquo;s construction industry, or lack thereof, has been named as a contributor towards the housing crisis. There is a shortage of workforce, and contractors are reaching capacity and reluctant to expand their workforce due to the small size of Portugal&rsquo;s construction market.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nDiscussion participants suggested that large scale greenfield development will offer steady opportunities for contractors, draw in more workforce, and strengthen the nation&#39;s construction industry, thereby helping to address the housing crisis.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\nRead the \u003Cstrong>\u003Ca href=\"https:\u002F\u002Fmaterials.griinstitute.org\u002Feurope\u002Frealestate\u002Freports\u002Fresidential-rehabilitation.pdf\" target=\"_blank\">full GRI report\u003C\u002Fa>\u003C\u002Fstrong> for in-depth sentiments and experiences shared by market players during the exclusive gathering of real estate executives.\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n\u003Ca href=\"https:\u002F\u002Fmaterials.griinstitute.org\u002Feurope\u002Frealestate\u002Freports\u002Fresidential-rehabilitation.pdf\" target=\"_blank\">\u003Cimg alt=\"\" src=\"https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Ffiles\u002FWhatsApp_Image_2024_05_29_at_14.28.43_2024_5_29_17_28_51_1717003731.jpeg\" style=\"border-radius:10px; width:100%\" \u002F>\u003C\u002Fa>\u003Cbr \u002F>\r\n\u003Cbr \u002F>\r\n&nbsp;","Report","#investment\r\n#market\r\n#europe\r\n#future\r\n#residential\r\n#rehabilitation\r\n#greenfield\r\n#development\r\n#housing\r\n#crisis\r\n#supply\r\n#construction\r\n#workforce\r\n#society\r\n#mixeduse\r\n#ESG\r\n#sustainability\r\n#heritage\r\n#community\r\n#VAT\r\n#professionals\r\n#inflation\r\n#i","GRI Club Report: Residential Rehabilitation in Portugal","Senior real estate decision-makers debate rehabilitation versus greenfield development in tackling Portugal’s housing crisis","https:\u002F\u002Fcdn.griinstitute.org\u002Fuploads\u002Fhubnews\u002FSocial_2024_5_29_14_31_48_1717003908.jpg","2024-05-29T14:21:45.000Z","2024-05-29T14:31:58.000Z",{"code":13},{"id":25,"color":27,"translations":1475},[1476,1478,1480],{"title":26,"slug":30,"language":1477},{"code":13},{"title":37,"slug":38,"language":1479},{"code":18},{"title":33,"slug":34,"language":1481},{"code":23},[1483,1491],{"id":411,"label":412,"translations":1484},[1485,1487,1489],{"label":412,"slug":423,"language":1486},{"code":13},{"label":426,"slug":427,"language":1488},{"code":18},{"label":430,"slug":431,"language":1490},{"code":23},{"id":132,"label":133,"translations":1492},[1493,1495,1497],{"label":133,"slug":144,"language":1494},{"code":13},{"label":147,"slug":148,"language":1496},{"code":18},{"label":151,"slug":152,"language":1498},{"code":23},[1500],{"name":1195,"enName":1195,"ptName":1195,"iso2":1501},"PT",[],{"en":1504},"\u002Freal-estate\u002Frehabilitation-vs-greenfield-development-in-tackling-portugals-housing-crisis",[1506,1507,1508,1509,1510,1511],"Infra Brazil","Infra Latam","Real Estate Brazil","Real Estate Europe","Real Estate India","Real Estate Latam"]