EMCC European Monitoring Centre on Change



Geographic Location

Country: Portugal
Region: Continente
Location of affected unit(s): Portugal


Sector: Real estate
Real estate activities
68.31 - Real estate agencies

Employment Effects

Announcement Date: 25-06-2015
Type of Restructuring: Business expansion
Employment Effect Start: 01-07-2015
Foreseen End Date: 31-12-2015
Planned Job Creation: 500

Additional Information

Portuguese subsidiary of real estate agent ERA is to hire between 500 and 750 employees by the end of 2015. This large scale recruitment is the result of the opening of several new branches in Portugal. The open positions are for commercial and marketing managers, leasing consultants and administrative assistants. The real estate company forecasted a growth in investments in the market of about 10% for this year.