A new edition of the Portuguese Food Balance Report has been released by the national statistics authority (INE). Based on this publication, Roca Estate has prepared an independent analytical briefing to highlight the trends that matter for investors assessing commercial real estate tied to food and beverage and daily-use retail.
This page summarizes the essential findings and explains why these shifts in consumption patterns are relevant for long-term portfolio strategy.
The period from 2020 to 2024 shows meaningful changes in the dietary structure of the population. These changes are not limited to household behavior. They influence the reliability of tenant categories, the operating stability of food businesses, and the future performance of commercial assets.
Roca Estate’s analysis focuses on translating national consumption metrics into clear implications for property investors. The full presentation with charts and category-by-category evaluation is available further down this page.
Consumption data is not a separate academic exercise. It feeds directly into:
Several categories show long-term stability supported by structural consumption growth. Others demonstrate weakening fundamentals that may increase vacancy risk or require more conservative lease structures.
The analysis included in the accompanying presentation provides guidance across key asset types — high-street retail, shopping centres, retail parks, mixed-use assets, and standalone restaurants—connecting consumption shifts with practical investment decisions.
> High-Street Properties
> Tourist Zone Properties
> Neighbourhood Commercial
> Mixed-Use Buildings
> Shopping Centres
> Standalone Buildings
