Portugal’s Finance Minister said on Thursday that he does not know exactly how much cash TAP will require to keep in the air. In an interview with RTP when asked if TAP would need a €500 million [...]
VIC Properties is to invest up to €500 million in the purchase and renovation of Herdade do Pinheirinho. The estate covers a 200 hectare parcel of land will include hotels, detached villas, [...]
How is the crisis affecting the residential real estate market and will recovery be rapid when the crisis ends? José Araújo Head of Property Sales, Millennium bcp The current crisis caused by the [...]
Portugal’s Real hotels group has been bought by a Portuguese entrepreneur for €300 million. The former COO of Yahoo and current independent board director of bank Santander, entrepreneur Henrique [...]
The José de Mello Group and Arcus have sold an 81.1% share in Portuguese motorways concessionaire company Brisa. The buyers are a consortium of funds comprising Dutch, Swiss and South Korean [...]
Vulture funds are waiting for opportunities in the real estate, tourism and catering market in the wake of an expected major recession affecting Portugal along with the rest of Europe. These [...]
The owner of Douro Azul, Mário Ferreira is to buy a 30.22% stake in the media giant Media Capital which owns TV station TVI and a clutch of radio stations. The announcement was made by Media [...]
The Business Association of Portugal (AEP) is to suggest a €10Bn plan to re industrialise Portugal. The AEP’s president Luís Miguel Ribeiro will present the Government with a major [...]
The European Investment Bank (EIB) has approved the setting up of a pan-European guaranteed fund of €25Bn. Each Member State will be called upon to pay a part towards the fund which will enable [...]
Portugal’s Prime Minister António Costa says that the overseas investment earmarked for Portugal before the Covid-19 pandemic is still very much on the cards. In a podcast yesterday he said not [...]
