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         LACS – Where comfort and community are key
        0
        By Christopher Graeme
        In Business, Business centre, Co-work spaces, News
        Posted 13 Junho, 2025

        LACS – Where comfort and community are key

        Over the past four years, since Martim de Botton took the helm at the LACS network of co-working spaces, he has revolutionised the company into much more than mere office spaces; he has created a [...]

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         Kronos Homes invests €150 million in Parque das Nações
        0
        By Christopher Graeme
        In Developers, Development, Hotel, New Build, News, Real Estate, Real Estate Investments
        Posted 13 Junho, 2025

        Kronos Homes invests €150 million in Parque das Nações

        Kronos Homes, a developer operating in Spain and Portugal, is to invest €150 million in a real estate project with a significant part earmarked for homes and tourist apartments to rent, in [...]

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         Morningstar DBRS ups Montepio senior bond rating to investment grade
        0
        By Christopher Graeme
        In Banks, Montepio, News, Ratings agencies
        Posted 13 Junho, 2025

        Morningstar DBRS ups Montepio senior bond rating to investment grade

        The Canadian ratings agency Morningstar DBRS has increased the long term rating on Banco Montepio’s non-guaranteed senior bonds to BBB (low), taking them from ‘junk’ status to investment grade. [...]

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         Rate of house rent increases slows for 5th month running
        0
        By Christopher Graeme
        In News, Property, Real Estate, Rental market
        Posted 13 Junho, 2025

        Rate of house rent increases slows for 5th month running

        The rate of rent increases for accommodation paid by tenants has again slowed for the fifth month running according to data released by the National Statistics Institute (INE) this week. Rents [...]

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         Reconnection of electricity lines to the network by REE likely behind April 28 blackout
        0
        By Christopher Graeme
        In Electricity and Gas, Energy, National Grid, News, Portugal blackout
        Posted 13 Junho, 2025

        Reconnection of electricity lines to the network by REE likely behind April 28 blackout

        An internal reconnection of electricity lines to the national grid by Spanish network company REE likely caused the ‘zero point’ high voltage problems that left Portugal and Spain powerless on [...]

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         BPCE leads the race for Novobanco
        0
        By Christopher Graeme
        In Acquisitions, Banks, News, Novo Banco
        Posted 13 Junho, 2025

        BPCE leads the race for Novobanco

        The French banking group BPCE is said to be in the lead to buy Novobanco if the offer is accepted by the US majority shareholder Lone Star that holds 75% of the bank. Although the Spanish bank [...]

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         Castellana Properties quadruples profits to €91 million
        0
        By Christopher Graeme
        In Developers, Development, News, Property, Real Estate, Real estate investment, Shopping Centres
        Posted 13 Junho, 2025

        Castellana Properties quadruples profits to €91 million

        Real estate investment company Castellana Properties, which entered the Portuguese market last year, more than quadrupled its profits for the 2025 tax year from €22.4 million to €90.8 million. [...]

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         Going, going, gone! Novobanco sold to France’s BPCE Group for €6.4Bn
        0
        By Christopher Graeme
        In Acquisitions, Banks, News, Novo Banco
        Posted 13 Junho, 2025

        Going, going, gone! Novobanco sold to France’s BPCE Group for €6.4Bn

        Rumours were swirling in Lisbon last week that Novobanco had likely been sold to the French banking group BPCE, but the news was finally confirmed on Friday. An agreement was reached between the [...]

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         Portugal RRP – €81 million paid and 335 applications approved in past week
        0
        By Christopher Graeme
        In Economy, News, Portugal RRP
        Posted 11 Junho, 2025

        Portugal RRP – €81 million paid and 335 applications approved in past week

        Last week Portugal’s Recovery and Resilience Plan (RRP) paid out beneficiaries €81 million and approved applications for funds for 355 candidates according to the latest monitoring report. To [...]

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         Orders from the US buoy Portuguese exports to the US
        0
        By Christopher Graeme
        In Exports, External trade, News, Tariffs, Trade
        Posted 11 Junho, 2025

        Orders from the US buoy Portuguese exports to the US

        In a rush to beat the introduction of “reciprocal” tariffs imposed by the White House, US orders from Portugal offset an overall drop in exports in the first quarter of this year. [...]

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        Essential Business Magazine Cover Nº25 January - March 2025
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        Recent Articles
        • LACS – Where comfort and community are key
          LACS – Where comfort and community are key
        • Kronos Homes invests €150 million in Parque das Nações
          Kronos Homes invests €150 million in Parque das Nações
        • Morningstar DBRS ups Montepio senior bond rating to investment grade
          Morningstar DBRS ups Montepio senior bond rating to investment grade
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