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        Author Archive for: "[email protected]"
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        By Christopher Graeme
        In News, Opinion, Personality, Property, Real Estate, Relocating
        Posted 22 Abril, 2024

        Essential Opinions: Portugal’s foreign relocators – a sign of positive growth and change

        The influx of professional and wealthy foreigners to Portugal has many benefits that are being overlooked in the country’s housing crisis debate, says Anne Brightman, CEO of Brightman Group. [...]

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        0
        By Christopher Graeme
        In Companies, Motorway concessions, News
        Posted 22 Abril, 2024

        Brisa coins in €1Bn in 2023

        Portuguese motorways concession company Brisa netted €1Bn in turnover for the first time in its history in 2023 The group led by António Pires de Lima banked clear profits of €254.8 million, [...]

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        0
        By Christopher Graeme
        In Energy, Green Deal, Green energy, Green hydrogen, News
        Posted 22 Abril, 2024

        No further Sines project cancellations expected

        Portugal’s overseas investment bureau AICEP and its industrial site management company AICEP Global Parques do not foresee any further green energy project cancellations after a green hydrogen [...]

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        0
        By Christopher Graeme
        In Housing market, News, Property, Real Estate
        Posted 22 Abril, 2024

        Supply of houses for sale up 11% in Q1

        There were more houses on the market for sale in Portugal in the first quarter of 2024 with supply up by 11% like-for-like on 2023. This is according to the online estate agency Idealista, which [...]

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        0
        By Christopher Graeme
        In Banks, Mortgage lending, News, Real Estate
        Posted 22 Abril, 2024

        Bison Bank enters mortgage market with overseas buyers focus

        Bison Bank, which is led by António Henriques, is to begin mortgage lending services in partnership with UCI. The new service has been developed with overseas house buyers in mind on the back of [...]

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        0
        By Christopher Graeme
        In Hotel, News, Tourism
        Posted 22 Abril, 2024

        AHM Group beefs up presence in Portugal

        Hotel management group AHM, which is owned by the Canadian group Mercan, is to strengthen its presence in Portugal with a total €1.2Bn over three years bringing the number of hotels it manages to [...]

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        0
        By Christopher Graeme
        In Companies, Galp, News, Oil and Gas
        Posted 22 Abril, 2024

        Galp mulls oil extraction in Namibia

        Portugal’s oil and gas giant Galp has announced that petroleum exploration in Namibia could be profitable for the company. The conclusion comes at the end of the first phase of oil exploration in [...]

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        0
        By Christopher Graeme
        In AWARD, News, Property, Real Estate, Residential Real Estate
        Posted 19 Abril, 2024

        Best property developments in Portugal distinguished at Portuguese Real Estate ‘Oscars’

        The winners of the Portuguese Real Estate Awards 2024 in several categories were unveiled on Thursday night at a gala dinner in Sintra with 230 invited guests. A lower-key affair this year [...]

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        0
        By Christopher Graeme
        In Acquisitions, Banks, News
        Posted 19 Abril, 2024

        BPG in Chinese group selloff

        Banco Português de Gestão, a small bank belonging to the foundation Fundação Oriente, which posted debts of €6 million in 2023, is to be sold to the Chinese group Vcredit. Although the Banco [...]

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        0
        By Christopher Graeme
        In Companies, Highways concessions, News
        Posted 19 Abril, 2024

        Ascendi enters race for AEDL motorways concession

        Ascendi, an asset management company that provides motorway toll charge and road maintenance services, has entered the competition for the acquisition of the concessionaire Auto-Estradas do Douro [...]

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