Actium Capital has acquired a further 0.58% of Altri gaining 14.7% of its capital. Actium Capital, S.A., held by main shareholder and CEO Paulo Fernandes, has acquired 1,100,000 shares of Altri, [...]
Vanguard Properties has invested €30 million in a new development for sale in Lisbon with the project Tomas Ribeiro 79 on Avenidas Novas. “We take care not to make trendy buildings, but [...]
Portuguese companies expect a 4.6% increase in exports of goods this year. The forecast is based on the uptick in exports registered between January and November 2024 when overseas sales grew by [...]
Abanca posted record profits of €1.2Bn in 2024, up 69.2% like-for-like on 2023. Without Portuguese bank Eurobic, which Abanca acquired last summer, Abanca would have made net profits of €853.3 [...]
The US vulture fund Lone Star, which has a 75% share of the capital of Portuguese bank Novobanco, is looking to get a valuation of €5Bn for the financial institution. This figure is the starting [...]
Text: Chris Graeme; Photo: Fernando Bento There’s a well-worn truism that is taught at media and journalism colleges that “if it’s fake news it’s not news, and if it’s news it’s not fake.” But [...]
Last year was a positive one for investors in shares and investment funds in Portugal who invested more money than they took out, with assets under management in investment funds up by €2.1Bn. [...]
The construction of Lisbon’s new airport will be a project “of a magnitude not seen recently in Europe” and “will require financial and human resources on a scarcely comparable [...]
“Without a doubt, 2024 was our busiest year to date at QP Savills” says co-owner and director Kirsten Buechner who reports record sales for its clients. The high-end estate agency says that last [...]
“It’s more chaotic than ever” the office manager of a leading multinational citizenship consultancy dealing with Golden Visa residency applications with an office in Lisbon confides to me over [...]