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    Development

     Developers expect loss of confidence
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    By Fernando Caetano
    In APPII, Build-to-Rent, Development, House prices, Housing, News
    Posted 19 Abril, 2023

    Developers expect loss of confidence

    A survey, which canvassed real estate developers about the perceived effects of the Government’s ‘More Housing’ programme unveiled in February, revealed that it would have negative effects on the [...]

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     Portugal increases credit line to Angola
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    By Fernando Caetano
    In Angola, Construction, Development, News
    Posted 7 Abril, 2023

    Portugal increases credit line to Angola

    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 [...]

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     Dutch businessman Erik de Vlieger turns ruins into modern homes
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    By Fernando Caetano
    In Algarve, Development, News, Real Estate
    Posted 7 Abril, 2023

    Dutch businessman Erik de Vlieger turns ruins i...

    Special Feature by Michael Bruxo ([email protected]) Dutch businessman Erik de Vlieger is developing seven major projects in Lagoa, which include turning derelict buildings into [...]

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     Taga Urbanic invests €60M in Vila Nova de Gaia
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    By Fernando Caetano
    In Development, News, Residential Real Estate
    Posted 3 Abril, 2023

    Taga Urbanic invests €60M in Vila Nova de Gaia

    The Israeli developer Taga Urbanic is to invest €60 million in luxury homes in the former Seca do Bacalhau building at Vila Nova de Gaia in Porto. Founded four decades ago by Zohar Gafni and [...]

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     DHM nets €75M in 2022
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    By Fernando Caetano
    In Development, Hotel, News
    Posted 29 Março, 2023

    DHM nets €75M in 2022

    The Portuguese hotel group DHM closed 2022 with a record turnover of €75 million. DHM (Discovery Hotel Management) which is held by the fund Discovery saw turnover up 36% on 2019 and forecasts [...]

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     VIC Properties announces new shareholders
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    By Fernando Caetano
    In Companies, Development, News, Real Estate
    Posted 20 Março, 2023

    VIC Properties announces new shareholders

    VIC Properties, one of the largest real estate developers in Portugal, has announced new shareholders and plans to reinforce the company’s financial structure. The holding that detains VIC [...]

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     4 new Vila Galé hotels to open
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    By Fernando Caetano
    In Development, Hotel, News
    Posted 15 Março, 2023

    4 new Vila Galé hotels to open

    The Portuguese hotel group Vila Galé is to open four new hotel units in Portugal in 2023; one of them aimed at families with children. Two hotels are near Beja in the Alentejo, one in the Azores, [...]

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     Mercan fears €425M Golden Visa loss
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    By Fernando Caetano
    In Development, Golden Visa, Hotel, News
    Posted 15 Março, 2023

    Mercan fears €425M Golden Visa loss

    The Canadian developer Mercan says the government’s decision to end the Golden Visa programme threatens €425 million of investment. The company has 27 hotel projects in Portugal, and believes [...]

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     VIC Properties abandons Project Rise sale
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    By Fernando Caetano
    In Construction, Development, News, Property, Real Estate
    Posted 3 Fevereiro, 2023

    VIC Properties abandons Project Rise sale

    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 [...]

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     Norfin invests €80M in Monview project
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    By Fernando Caetano
    In Asset Management, Development, News, Real Estate
    Posted 16 Dezembro, 2022

    Norfin invests €80M in Monview project

    Work is underway Norfin’s €80 million closed condominium development ‘Monview’ in Miraflores. The development will have a GCA of 24,325m2 and is divided into two towers each with 14 floors. [...]

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