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The Grupo Pestana has bought the Vila Sol resort in Vilamoura for €43 million from Santander Asset Management for around €43 million. The hotel group will manage the resort. The deal was [...]

Arrow Global, an asset manager specialising in private credit and real estate assets, is in negotiations to buy the Palmares Ocean Living and Golf resort development in Lagos, Algarve from [...]

The ex-governor of the Bank of Portugal and vice-president of the European Central Bank, Vítor Constâncio issued a warning at the end of last week that the Euro Zone is facing stagflation and [...]

Tributes flooded in over the weekend after the death of respected economist Teodora Cardoso who dedicated her life to sustainable and responsible spending in Portugal’s public finances. The woman [...]

The ratings agency DBRS says that Portugal’s cooling residential property market could put at risk local council revenues. The financial performance of Portugal’s municipal councils has improved [...]

Altice has hired four investment banks to value the sale of some assets it plans to sell to reduce its debs according to Reuters. At least four banks have been hired with contracts to that effect [...]

The French former CEO of TAP Portugal, who was sacked from her job over the Alexandra Reis affair earlier this year, is claiming compensation and damages of nearly €6 million. Christine [...]

Portugal’s development bank Banco de Fomento has approved the disbursement of €956.5 million in financing operations on the back of the Capitalisation and Resilience Fund. The CRF fund was [...]

Bank BCP has placed a portfolio of Non-Performing Loans (NPLs) on the market for €65 million according to the online news source ECO. The bank, led by Miguel Maya, placed the portfolio, which [...]

Portugal’s environmental agency APA has given the thumbs up for work to begin at a lithium ore mine in Montalegre to begin operations in 2027. And the Romano Mine’s refinery will be the first in [...]