The British private equity group Orion, which specialises in property and recently acquired Nexity Portugal (Now renamed Vizta), is investing €100 million in 1,200 houses in Lisbon, Porto and the [...]
The Portuguese estate agent ERA has seen a fall of 8% in its business turnover in 2023 that stood at €1.62Bn. The total of the year’s transactions represents a fall on the €1.77Bn posted in 2022 [...]
Foreign Direct Investment (FDI) from Brazil to Portugal increased to €5.3Bn between January and September, 2023 compared to the same period in 2022 according to statistics released by the Bank of [...]
The Portuguese government has launched a tender for the first stretch of the high speed train line between Porto and Lisbon – the Porto-Aveiro section. When built, the high-speed rain line [...]
The leader of Portugal’s populist far-right party Chega, André Ventura, criticised Portugal’s banks at the closure of the 6th Chega National Congress last week. “Isn’t it high time for the banks [...]
Arrow Global Portugal, an alternative investment fund management company that holds the property investment firm Norfin, has just launched Credit Solutions, a credit brokerage. Through this [...]
According to the news source Expresso, Portugal has the highest emigration rate in Europe with 2.3 million Portuguese of working age living overseas. Citing data from the Emigration Observatory [...]
Seventy-one per cent of all energy generated in Portugal in 2023 came from green energy sources. It meant that Portugal reduced its carbon footprint by 10 million tonnes of carbon in 2023. [...]
Lince Capital has launched a €146 million fund to invest in Portuguese start-ups. It is the third investment from the venture capital company aimed at innovative national startups with R&D [...]
Novobanco closed 2023 with the sale of real estate assets worth €70 million with the sale of Arade in Portimão to Lintinvest for €30 million and Cabanas Golf in Oeiras to RE Capital for €40 [...]