One of the biggest potential real estate deals in Portugal this year is reaching its decisive phase. David Kempner and the Bain/Cerberus consortium have submitted firm offers for the ECS [...]

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 [...]

Benfica has managed to meet its financial needs by raising the €35 million it needed from a bond issue aimed at small savers, many of them club members and fans. It sold 1,887 bonds despite the [...]

Crédito Agrícola has bought Porto Palácio Hotel from Sonae Capital for €62.5 million. Sonae Capital sold the hotel to the fund CA Património which is held by Crédito Agrícola. The hotel used to [...]

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 [...]

When it was launched in 1995, Quinta da Fonte was one of the first office parks to understand the need to connect both high-quality real estate and its ‘countryside’ surroundings. Today, under [...]

The sale of NPL portfolios was down by 87.5% to €1Bn in 2020 according to the latest study from Prime Yield ‘Keep an Eye on the NPL& REO Markets’. The activity represents a notable fall [...]

Lisbon’s Picoas Plaza has been bought by the open real estate investment fund Imofomento managed by BPI Asset Management for €15 million. The shopping centre was once owned by the Spanish [...]

The Lisbon office building Castilho 50 changed hands at the end of 2020. The Swiss insurance giant Zurich bought the property for €41 million in a joint venture involving real estate asset [...]