The Portuguese fund ESC Capital that contained assets belonging to the former Espírito Santo Group has been sold to the US fund Davidson Kempner for €850 million. Now awaiting approval from [...]
Within the space of one month, the US asset management company Blackstone has bought two logistics portfolios with 15 properties in a total investment of over €330 million. In an interview with [...]
Funds have returned to buying Portuguese domestic equities to make returns of over 20% Domestic Equity Funds are index funds, mutual funds, or other types of funds which invest only in Portuguese [...]
Portugal’s mutualist bank Montepio has sold its total capital share in Montepio Valor to the Associação Mutualista Montepio Geral for €3.7 million. The impact on the bank’s accounts and capital [...]
Portugal’s banking sector has announced the real estate sale of the year by selling off an entire portfolio of luxury hotels to the Davidson Kempner fund The asset management entity has bought [...]
The shopping centre management group Mundicenter, which owns Amoreiras Shopping, has filed five court actions against the Portuguese State to the tune of €8.8 million. The court actions have to [...]
The UK fund British Sixth Street has purchased 15 buildings at the Oeiras Quint da Fonte office park near Lisbon for €150 million. The acquisition is said to be one if the largest property deals [...]
Despite the Covid-19 pandemic, large International funds are continuing to make acquisitions in the Portuguese market. According to TTR, investment turnover soared 24% in 2020 to €18.4Bn. This [...]
One of the most exclusive business clubs in the world, the GRI Club returns to Portugal between 20 and 21 September 2021 at Lisbon’s Marriott Hotel. The event will provide a two-day get-together [...]
The US equity fund Lone Star, which owns a controlling share in Portugal’s Novo Banco, has sold an Algarve marina and resort project to the British fund Arrow Capital. Lone Star has sold ‘Project [...]