Archives

The real estate consultancy Cushman & Wakefield has announced that it has won the control of a portfolio of four supermarkets in Portugal. It brings the total area of commercial real estate [...]

Novobanco posted profits of €373.2 million for the first half of 2023, an increase of 40% on the like-for-like period in 2022. The bank says the profits are down to “the sustained evolution of [...]

Portuguese digital payments company SIBS says that a digital euro could pave the way for a European MB Way style service. It would result from the cooperation and connection of various payment [...]

Portugal’s electricity giant EDP saw profits increase 43% in the first half of 2023. The positive results were partly down to a recovery in hydro-electricity production that between January and [...]

A study by the iad Group has revealed that the English and the French intend to purchase a holiday property overseas in the next few years with Portugal being one of the top destinations of [...]

Keller Williams Portugal, the hybrid online-store estate agency company that specialises in training, coaching and technology has closed the first half of 2023 with historic results. Despite a [...]

Portuguese bank profits soared by 50% in 2022 to €2.97Bn in the best result since the global financial crisis of 2007 according to calculations from the Bank of Portugal. The strong result was [...]

The boutique hotels company Once Upon a House (OUH) led by Bernardo Holstein Guedes, is planing to open more hotels — in Lisbon, Arrábida and Melides. The company which specialises in creating [...]

Portugal’s EDP Renovaveis (EDPR.LS) has sold nine wind farms in Spain for €460 million euros according to Bloomberg this week. The world’s fourth-largest renewable energy producer, [...]

Portugal’s Alentejo region is expecting a better than average wine harvest this year with output expected to be up to 10% higher on last year with an estimated 112 to 118 million litres of wine [...]