FGI's real-estate platform vertically integrates licensed development (Future Properties), licensed construction (Fado Construction, Alvará 98072), and managed operations (Falcon Dialogue). 80+ projects delivered across prime Lisbon since 2012. We hold, operate, and platformise. We do not develop-and-exit.
Licensed Portuguese developer focused on prime-Lisbon rehabilitation (Reabilitação Urbana) and selected new-build. Asset class: residential and mixed-use in Avenida da Liberdade, the Embassy district, Arroios, and historic-fabric quarters. Design brief held in-house; no external intermediary.
Holds Alvará 98072 from IMPIC (Instituto dos Mercados Públicos, do Imobiliário e da Construção). In-house engineers and project managers eliminate the subcontracting chain responsible for most cost, quality, and timeline failures in cross-border Lisbon real estate.
In-house short-let and long-let management, yield optimisation, soft-furnishing, and tax-compliance reporting. Operates the BRRRR yield framework — Buy · Rehabilitate · Rent · Refinance · Repeat — in support of family-office income and structured hold-period planning.
Direct trade relationships and an in-house quantity-surveying function remove the second and third margin layers that sit inside typical Lisbon subcontracted delivery.
Fado Construction builds to a brief its own engineers approved. The commissioning standard is not negotiated across company boundaries.
One programme, one critical path. Handover dates are underwritten by the group that controls the crane and holds the keys.
Falcon Dialogue is briefed before handover, not after — so operating performance begins on day one, not three months after keys are handed over to an external agency.
Disciplined entry, long-term hold mentality. Three international markets:
Post-Brexit asset acquisition in Central Manchester — entered when discounted valuations met long-term fundamentals.
Bangkok real estate development. Emerging-market exposure with disciplined position sizing and on-the-ground execution.
Rare beachfront villa development. 13 detached three-storey villas, 2,469–3,150 sq ft, with private pools, lifts, gardens, and double garages.
Stowe is FGI Real Estate's natural extension into European storage and logistics — a defensible new asset class that compounds our existing operating capability rather than replacing it. Stage-1 self-funded pilot launches 2026 in Greater Lisbon, with a five-stage capital roadmap from self-funded through to platform exit. We prove first; we scale second.
Read the Stowe Thesis →For private clients, family offices, and institutional partners interested in our Lisbon platform — including development, build, operations, and the Stowe second curve.