This milestone marks an important step in Norfin Group’s ongoing commitment to sustainability and long-term value creation. The partnership with Cushman & Wakefield enabled the consolidation of a structured approach to ESG topics, aligned with key international benchmarks.
Over recent years, Norfin Group has deepened its commitment to sustainability, turning principles into concrete actions and strengthening its organizational culture. The newly published report highlights this journey — from promoting diversity, with 33% of leadership roles held by women, to strong employee engagement, reflected in an engagement score of 8.2/10, as well as investment in volunteering and community impact. In the environmental domain, the group stands out with 41 certification processes underway and 14 projects already recognized for sustainable construction practices. These achievements have also been acknowledged through awards such as Great Place to Work and the EcoVadis Silver rating awarded to Norfin SGOIC.
The company has been consolidating its sustainable commitment, enabling the development of concrete initiatives and reinforcing its organizational culture. Establishing a robust ESG strategy aligned with current challenges has been a key pillar in Norfin Group’s journey, with the company making significant strides in integrating environmental, social, and governance principles into its operations, supported by the consultancy team.
The publication of the report clearly demonstrates Norfin’s dedication to embedding ESG principles into its management practices and communicating its progress and ambitions transparently, laying the foundation for even more ambitious actions in the coming years.
Maria Eliza de Nadal, Sustainability & ESG Senior Associate at Norfin, commented: “This process allowed Norfin to turn its ambition into concrete actions. Throughout the work, we identified areas for improvement and opened new opportunities to further strengthen our commitment to sustainability. We have thus consolidated our vision of building a brand that generates positive impact, responsibly and sustainably, for all our stakeholders, with the strategic support of the Cushman & Wakefield team.”
The report was prepared in collaboration with Cushman & Wakefield’s Sustainability and ESG team, which now includes more than eight permanent professionals in Portugal and has been strengthening its expertise in delivering ESG services to both national and international clients.
Ana Luisa Cabrita, Partner and Head of the Sustainability and ESG department at Cushman & Wakefield, stated: “We are immensely proud to have supported Norfin Group in defining its sustainability strategy and preparing the group’s first report, which involved multidisciplinary teams and required an in-depth analysis of a company that already holds significant weight in the Portuguese market. It also demonstrates our ability to operate across the board and deliver diverse projects such as climate risk analysis, certifications, energy efficiency and modeling, life cycle analysis, or sustainability reporting for third parties.”
The depth and scope of the work carried out reinforce Norfin’s sustainability efforts, showcasing a transformation that goes far beyond legal compliance. The publication of this report clearly reflects the company’s commitment to integrating ESG principles into its management and communicating its progress and ambitions transparently, laying the groundwork for even more ambitious actions in the future.
Norfin Group is now one of Portugal’s leading players in real estate investment management, with approximately €2.1 billion in assets under direct management across institutional capital funds and companies, covering a wide range of profiles and strategies. Throughout its history, it has built a distinguished portfolio, including projects such as Office Park Expo (now Campus da Justiça), managed by Norfin SGOIC between 2002 and 2019, Quinta da Trindade (managed by Norfin SGOIC since 2006), and Oriente Green Campus (managed by Norfin SGOIC since 2020), all located in Greater Lisbon. In Vilamoura, the group has strengthened its presence with high-quality residential and tourism developments, including Vilamoura Parque, Natura Village, The Nine, Terracota, and Nobilus — all recognized for their contemporary architecture, landscape integration, and focus on sustainability.
Founded in 1999 as a Real Estate Private Equity firm, Norfin Group was created to offer Portuguese institutional investors the opportunity to include indirect real estate investment in their portfolios through regulated real estate investment funds. In 2018, it became part of Arrow Global Group, one of Europe’s largest investment and credit management groups, present in eight countries, bringing unique expertise in real estate and regulated fund management to Norfin.
Photo Credits: Grupo Norfin - Terracota Project
