The Portuguese technology company Wavecom which is based in Aveiro has sold its spin-off company GoContact to the US company Broadvoice in a deal worth €21 million. GoContact, a software company [...]
The state-owned Portuguese railways company CP has bought rolling stock worth €819 million in its biggest purchase ever. The investment aims to “replace obsolete trains,” some of which are [...]
The Portuguese Real Estate Summit organised by Iberian Property will return to Estoril on 29 and 30 September at the Hotel Palácio Estoril. Now in its fifth year, the summit is the largest [...]
More than 30% of property investment companies intend to buy up hotels according to a study from Cushman & Wakefield. The findings published in the report ‘Hotel Investor Beat’ show that [...]
Portugal’s secretary of State for Internationalisation, Eurico Brilhante Dias, has admitted that several high-profile political and economic corruption scandals are undermining Portugal’s value [...]
ORES, the joint-venture property management investment company has made its first divestment, netting €4.1 million for the sale of a retail premises in Vigo, Spain. Olimpo Real Estate (ORES), a [...]
An Anglo-American capital investment partnership is to invest €3.5Bn in a Hyperscaler Data Centre near Portugal’s container shipping port of Sines in a project that will be the largest in the [...]
Round Hill Capital, the company specialised in real estate investment and asset management and TPG Real Estate Partners (TREP) have begun the marketing and sale of the Lumino residential [...]
Portugal’s construction sector is set to grow between 1.2-3.2% this year thanks to public investment according to the association that represents it. The president of AICCOPN, Manuel Reis Campos, [...]
Portugal came fourth last year in terms of those countries in the eurozone which most benefitted from European Investment Bank funds. (EIB in percentage of GDP) In 2020, the EIB financed projects [...]