LIVING is a Multi and Single Family Real Estate fund focusing on Lisbon and Oporto
The Fund is divided into two autonomous asset compartments (the “Sub-Funds”), the “LIVING – Development” and the “LIVING – Management”.
Subscribe a fund that provides the possibility of owning a residential unit, at the end of the Golden Visa period
The Fund
LIVING is a Multi and Single Family Real Estate fund focusing on Lisbon and Oporto
Living Management
3 Types of Portfolios: Array of existing apartments in different buildings, New and Redeveloped buildings and Renovated buildings
A Team with International experience in managing private equity funds and in developing retail units in Portugal
LIVING is a Multi and Single Family Real Estate fund focusing on Lisbon and Oporto
LIVING Fund
The Fund is divided into two autonomous asset compartments (the “Sub-Funds”), the “LIVING – DEVELOPMENT” and the “LIVING – MANAGEMENT”.
Sub-fund DEVELOPMENT
The purpose of this Sub-fund is to invest exclusively in majority shareholdings of companies established under Portuguese law, which purpose is to manage the development of portfolios of residential units (MFR and SFR Portfolios) in areas with potential for rental and tourism. Once the development is completed, the Sub-Fund DEVELOPMENT will divest, and may assign its LIVING I – Management Rules participation to the Sub-Fund MANAGEMENT, or to another entity, if this transaction presents a higher return.
Sub-fund MANAGEMENT
The purpose of this Sub-fund is to invest exclusively in majority shareholdings – preferably majority shareholdings – of companies established under Portuguese law, which purpose is to manage the development of portfolios of residential units (MFR and SFR Portfolios) in areas with potential for rental and tourism and once the investment is completed and the appropriate size has been achieved, the Sub-Fund will divest. The operation of the Sub-Fund MANAGEMENT may target companies held by the Sub-Fund DEVELOPMENT or other companies existing and already operating.
Subscribing the Sub-fund Management also provides the possibility of owning a chosen residential unit, at the end of the Golden Visa period.
*Compound Annual Growth Rate.
The GV investors can only subscribe the Sub-fund MANAGEMENT, avoiding being involved in the Development phase, investing in the Residential units only when they are ready and benefiting from its appreciation and rental income.
LIVING
Management
3 Types of Portfolios
Array of existing apartments in different buildings
New and Redeveloped buildings
Renovated buildings
Asset Appreciation
Properties are located in the areas of Lisbon and Oporto with the highest appreciation rate (€ Sale per sqm May 2022 / € Sale per sqm May 2015)
Rent
Properties are located in the areas of Lisbon and Oporto with the highest market growth (#Properties Rented) and with the highest rent growth (€ Rent per sqm May 2022 / € Rent per sqm May 2021)
Assets ready to visit.
Documentation and detailed information to be shared as part of the consultation and subscription process.
Sub-fund MANAGEMENT
The Sub-fund MANAGEMENT will provide the Golden Visa investor the possibility to own a specific chosen asset at the end of the Golden Visa Period.
Also provides the possibility of committing to an investment of less than €500K and invest the remaining in Fund CERES I (Food Retail), which has a buy back option at the end of the Golden Visa Period and a return of up to 4% per year — goldenvisaretail.fund
Example
€350,000 in LIVING (owning property at the end) and €150,000 in CERES I (buyback plus return).
A team with International experience in managing private equity funds.
> 1.3 Billion euros
A team with experience in the development of residential projects in the Multi and Single-Family segments.
> 27.000 sqm of construction
> 20 Residential projects
> 100 million€ GDV
(Gross Development Value)
Use CRYPTO to invest
If you would like to use crypto for the investment related with your Golden Visa application, please contact us and we will get back to you immediately.
REQUEST YOUR ACCESS TO OUR INTRANET
Please fill in the form below and we will send your username and password for
accessing our portfolios of investments. You can also contact us directly by sending an email to: LIVING-Portfolio@magnify.partners
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Fund Management
António Vieira da Silva
FOUNDER AND MANAGING PARTNER
António is founder and managing partner of Business Setting and of Magnify. During the past 18 years, he has worked as an International Consultant in Business Development and/or Turnaround projects, in more than 30 countries. He is also an invited associate professor at the IUL – Business School.
With +30 years experience, he has carried out the following functions among others: Advisor to the Chairman of the BoD and Executive Committee of Galp Energia; Business Turnaround Manager, Royal Dutch / Shell Group, based in The Hague; Member of the Board of Directors of Shell Portugal and Iberia; and has been member of the BoD of several companies.
Pedro Ortigão Correia
MANAGING PARTNER
Former Board Member of a specialist Asian bank based out of Lisbon. Joined Merrill Lynch in London in 1998, working as an analyst in different functions, until becoming Director on the asset management side and responsible for the Portuguese coverage.
In 2005, he joined Fidelity as a Director, responsible for opening the Portuguese office. Later in 2009, started an independent consultancy firm, working with Robeco, Credit Agricole and Dimensional before becoming Managing Partner of ASK, a multi family office with offices in Lisbon, Sao Paulo, Luanda and Macao. He then became Vice President of AICEP, the Portuguese trade and investment government agency, reporting directly to the Vice Prime Minister.
Development
Management Company
Edgar Pedro
MANAGING PARTNER
Edgar Pedro is a co-founder and managing partner of GPAtlantic. Until 2014 he worked as a construction director in Portugal and Brazil. Since 2015 he has been working as an investor and/or project manager in the Real Estate Club Deals format, contributing to the structuring, development and management of real estate projects in the Residential, Commercial and Alternative Assets (Student Residences) segments.
With two post-graduations, one in Coordination of Labour Safety in Construction and the other in Management and Real Estate Evaluation from ISEG, Edgar is also a Civil Engineer, senior member of the Ordem dos Engenheiros and member of the Concelho Regional de Engenharia e Agronomia in Brazil.
Frederico Ressano Garcia
MANAGING PARTNER
Frederico Ressano Garcia is a co-founder and managing partner of GPAtlantic. Until 2008 he worked in Portugal in the Capital Markets and Mortgage Banking of BBVA. Between 2008 and 2014, Frederico was Manager of Ask Brazil and Investment manager at Cushman & Wakefield Brazil. In 2015, he started his own business, leading Real Estate Club Deals in several urban rehabilitation projects in Lisbon.
Frederico holds a degree in Business Administration at Universidade Calólica Portuguesa and an MBA for senior Manager at BBVA from IE.
Auditor
Custodian
Regulator
