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 [...]
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 [...]
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 [...]
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 It has withdrawn both the Prata [...]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 [...]
