Master in Real Estate Development Students Visit Lisbon
Each term, students of the Master in Real Estate Development have the chance to learn about large developments outside the classroom. During the second term, they visited Lisbon to learn about key projects, to meet with the main stakeholders and decision-makers from private and public sectors, and also to analyze real estate trends in Europe.
After suffering from a nationwide recession for many years, Portugal’s economy is now in recovery mode. To that end, the spotlight has turned to architecture and design—for example, the regeneration of Lisbon’s waterfront. This project was one of the most successful long-term regeneration plans Europe has ever seen. Over the course of more than 30 years of ongoing transformation, including the EXPO of 1998, the city has slowly been reshaped, rekindling its relationship with the sea.
The regeneration continues today, with new areas and projects like the new Museum of Art, Architecture, and Technology (MAAT), or private developments like the Water City project. This initiative covers an area of 60 hectares (54 on land and 6 on water), and constitutes a development of 630,246 square meters of gross construction area above ground. This is currently the largest urban regeneration in Lisbon and includes housing, hotel, office, retail, cultural and leisure facilities.
- Master Class about the property perspective in Portugal with CBRE Managing Director Francisco De Horta
- Site visit to the luxury residential building in Avenida Liberdade.
- Visit to Torre Oriente, ranked the Best Office Building in 2010 to see all the investment behind the development with the best performance in 2010 including an environmental certification.
- ‘Understanding Lisbon’ Master Class with Architect, Vice-President of the Iberian Docomomo and IE University’s professor Miguel Judas.
- Guided Visit to Margueira, an abandoned shipyard, key to understanding contemporary Lisbon.
- Guided Visit to the Water Front, the largest urban regeneration project in Lisbon that includes hotels, housing, offices, cultural and leisure areas.
- Guided Visit to the Museum of Art, Architecture, and Technology (MAAT), a power plant-turned-exhibition space designed by AL_Architects:
- Site visit to Chiado, a neighborhood affected by a fire in 1988 and renovated by architect Alvaro Siza Vieira. Now features the highest real estate property prices in Portugal.
Students in the program already visited Barcelona to learn about its radical urban expansion plan. And in April, they will visit HafenCity, Europe’s largest urban development project in Hamburg, and also they will visit Berlin to learn about the Urban Development Concept Berlin 2030, a strategy for the city’s future.