Lisbon's local government is renowned for being the largest property owner in the country, with over 60% of Lisbon's real estate owned by the city.
I'm from Lisboa and this can't be true unless you're using some very strange definition of real estate. What's your source for this?
Lisbon's local government is renowned for being the largest property owner in the country, with over 60% of Lisbon's real estate owned by the city.