Decree-Law no. 97/2026 of 20 May created the Investment Contracts for Rental Housing (CRH). What was missing were the implementing rules needed to put the regime into practice. Those rules were published on 30 September in Ordinance (Portaria) no. 447-A/2026/1. Since 1 October, investors have been able to apply for a (CRH).

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REITs, or Real Estate Investment Trusts, are companies that own, operate, or finance income-producing’ real estate properties, such as office buildings, apartments, shopping malls, hotels, and warehouses. They allow individuals to invest in large-scale real estate without directly buying or managing properties, providing a way to earn income through dividends from rental or mortgage revenue.