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 [...]
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 [...]
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, [...]
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 [...]
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 It has withdrawn both the Prata [...]
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. [...]
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 [...]
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 [...]
Portugal’s construction sector activity levels stabilised in the second quarter of 2022, with 62% of companies saying that their activity levels remained stable, five per cent more than the 57% [...]
