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        Author Archive for: "[email protected]"
         Only 4% of young people can afford 70% of housing in metropolitan areas
        0
        By Christopher Graeme
        In House prices, Housing, Housing crisis, Housing market, News
        Posted 7 Fevereiro, 2025

        Only 4% of young people can afford 70% of housing in metropolitan areas

        Portugal’s housing crisis continues to be challenging, particularly for those trying to get onto the housing ladder, as a recent study from estate agency Century 21 ‘Housing for Young People in [...]

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         Supply of rooms to rent rises 56% while prices increased by 13% in 2024
        0
        By Christopher Graeme
        In News, Rental market, Reports, Residential Real Estate
        Posted 7 Fevereiro, 2025

        Supply of rooms to rent rises 56% while prices increased by 13% in 2024

        The supply of rooms for rent in shared houses increased by 56% in the fourth quarter of 2024, compared to the same period of the previous year, according to an analysis published by Idealista, [...]

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         Lisbon highlighted as one of the main destinations for luxury real estate investment
        0
        By Christopher Graeme
        In Luxury property, News, Property, Real Estate, Reports
        Posted 7 Fevereiro, 2025

        Lisbon highlighted as one of the main destinations for luxury real estate investment

        According to The Trend Report 2025, Lisbon is the only European city referenced as one of the most attractive destinations for luxury real estate investment, alongside non-European cities such as [...]

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         Governor of the Bank of Portugal warns of “systemic effect” if CGD buys Novobanco
        0
        By Christopher Graeme
        In Acquisitions, Bank of Portugal, Banks, Lone Star, News, Novo Banco
        Posted 7 Fevereiro, 2025

        Governor of the Bank of Portugal warns of “systemic effect” if CGD buys Novobanco

        If State-owned  bank Caixa Geral de Depósitos buys Novobanco it could have systemic consequences for Portugal’s banking and financial sector warns the Governor of the Bank of Portugal, Mário [...]

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         Judicial Police believe some Portuguese football clubs used for money laundering
        0
        By Christopher Graeme
        In Corruption, Football business, News, Police probes
        Posted 5 Fevereiro, 2025

        Judicial Police believe some Portuguese football clubs used for money laundering

        A leading Portuguese police inspector, who heads Portugal’s anti-corruption squad, says that the police are investigating how millions of euros that are invested in Portuguese football clubs come [...]

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         Lisbon Metropolitan Area gets green light to build 10,000 homes
        0
        By Christopher Graeme
        In Housing, Housing crisis, News
        Posted 5 Fevereiro, 2025

        Lisbon Metropolitan Area gets green light to build 10,000 homes

        The 18 municipalities in the Lisbon Metropolitan Area have the green light to build or refurbish 10,500 homes after the Housing and Urban Rehabilitation Institute (IHRU) validated more than 42% [...]

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         Investment in public works contracts hits record
        0
        By Christopher Graeme
        In News, Public Works
        Posted 5 Fevereiro, 2025

        Investment in public works contracts hits record

        According to the “Barometer of Public Works” published by the Association of Construction and Public Works Industrialists (AICCOPN), the amount of public works contracts jumped from €6.048Bn in [...]

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         Santander Group posts record profits of €12.5Bn for 2024
        0
        By Christopher Graeme
        In Banks, News, Santander
        Posted 5 Fevereiro, 2025

        Santander Group posts record profits of €12.5Bn for 2024

        Banco Santander posted profits of €12.574Bn euros in 2024, an increase of 14% compared to 2023 and a record for the third consecutive year. Profits were due to “strong revenue growth” [...]

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         Ryanair loses legal suit against Portuguese State support for TAP in European Union Court
        0
        By Christopher Graeme
        In Airlines, Aviation, Lawsuits, News, Ryanair
        Posted 5 Fevereiro, 2025

        Ryanair loses legal suit against Portuguese State support for TAP in European Union Court

        The General Court of the European Union (CJEU) has dismissed Ryanair’s appeal opposing the Portuguese State’s financial support for national airline TAP, approved during the pandemic, which [...]

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         Low pensions put financial stability at risk
        0
        By Christopher Graeme
        In CMVM, Money, News, Pensions, Savings, Securities
        Posted 5 Fevereiro, 2025

        Low pensions put financial stability at risk

        The impact that Portugal’s low pensions would have on the economy could undermine the country’s financial stability. This was the warning from the President of Portugal’s securities commission, [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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        • A tale of two sisters who created the Algarve’s largest luxury estate agency – QP Savills
          A tale of two sisters who created the Algarve’s largest luxury estate agency – QP Savills
        • TAP SGPS deemed to have defaulted on €237 million Azul bond loan
          TAP SGPS deemed to have defaulted on €237 million Azul bond loan
        • Mota-Engil doubles securities issue to €95 million
          Mota-Engil doubles securities issue to €95 million
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