A €1.5Bn credit line that existed between Portugal and Angola which had become exhausted has been beefed up to €2Bn to include new projects. The commercial line of finance guaranteed partly by [...]
The CEO of Engexpor, one of Portugal’s largest national construction mangagement groups, Miguel Alegria has warned that the measures foreseen in the Government’s ‘More Housing’ package are [...]
The real estate developer VIC Properties has decided to withdraw from the sale of what could have been one of the biggest property deals in Portugal in 2023. It has withdrawn both the Prata [...]
The Portuguese Confederation of Construction and Real Estate has criticised the government for its “pretty low” execution rate in distributing European ‘bazooka’ funds to projects in the sector. [...]
The board at Sino-Portuguese international construction company Mota-Engil is to increase the number of its board directors from 15 to 17 and has invited the former Portuguese deputy prime [...]
Carlos Mota dos Santos has become the new CEO of the Sino-Portuguese construction company Mota-Engil founded by his grandfather, Manuel António da Mota who started out as a builder in Amarante in [...]
The Larfa Group is to invest €77 million in an urban regeneration project in Lisbon’s Eastern Beato neighbourhood. The developer is currently focused on developing the Beato Quarter residential [...]
Developer and builder TPS is to expand its business further afield in Portugal in real estate investments worth €100 million. Teixeira, Pinto & Soares plans to achieve a turnover of €100 [...]
A consortium led by the Sino-Portuguese construction multinational Mota-Engil has been chosen by the State of Lagos in Nigeria to build a US$2.5Bn (€2.4Bn) bridge. According to the agency [...]
Construction costs in Portugal increased 13.4% overall in September in like-for-like terms, the equivalent of an increase of over 0.9% on August. According to Portugal’s National Statistics [...]
