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        News

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        By Christopher Graeme
        In Development, Housing, News, Property, Residential Real Estate, Urban Rehabilitation
        Posted 19 Maio, 2024

        Eastbanc Portugal – Sprucing up Lisbon’s Príncipe Real district

        Eastbanc Portugal, with its focus on urban regeneration, has a portfolio of properties worth over €115 million in Lisbon spread over 20 buildings in the Príncipe Real district and it doesn’t stop [...]

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        0
        By Christopher Graeme
        In Clusters and Hubs, News, Technology, Video-gaming
        Posted 17 Maio, 2024

        Portugal sets sights on being video gaming hub; can it attract the tekkies to staff it?

        Portugal’s small but innovative video game sector has ambitions to become a worldwide hub. So far there is a clutch of around 120 companies in Portugal providing work for 1,000 people, but until [...]

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        By Christopher Graeme
        In Companies, News, Paper and Paper Pulp
        Posted 17 Maio, 2024

        Navigator profits fall 10.6% to €64.1 million to March

        First quarter net profits at Portuguese paper and paper paste company The Navigator Company fell 10.6% to €64.1 million. Last year it made €71.7 million in Q1. However the company’s business [...]

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        By Christopher Graeme
        In Associations, New Airport, News, Tourism, Travel
        Posted 17 Maio, 2024

        Portugal’s tourism lost €2Bn due to lack of airport capacity

        Portugal’s Confederation of Tourism says Portugal has lost over €2Bn because of a lack of airport capacity at Lisbon’s Humberto Delgado International Airport. Forbes reports that the Confederação [...]

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        0
        By Christopher Graeme
        In News, PPPs, Public Spending
        Posted 17 Maio, 2024

        Net spending on Public Private Partnerships fell 7.4% from 2022-2023

        Public administration spending on Public-Private Partnership (PPP) contracts fell 7.4% to €1.2Bn in 2023, or 1.5% (€18.8 million) below the estimated amount in the outline State Budget 2023 [...]

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        0
        By Christopher Graeme
        In Banks, News
        Posted 17 Maio, 2024

        Bank profits up 33% to €1.2Bn in Q1

        Portugal’s banks raked in 20% in interest revenues in the first quarter of the year. However, the banks have admitted that the times of making hay while the sun of high interest rates shines [...]

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        0
        By Christopher Graeme
        In Commercial Real Estate, Funds, Logistics, Luxury property, News, Offices, Private Equity, Property
        Posted 17 Maio, 2024

        Property investment: Why Portugal continues to trend for overseas private and institutional investors

        Text: Chris Graeme; Photos: Joaquim Morgado You’re new in town, perhaps an asset manager or investor who wants to fact find the Portuguese commercial property market which you’ve heard is [...]

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        0
        By Christopher Graeme
        In Development, News, Retail, Retail parks
        Posted 15 Maio, 2024

        Arco Retail Park opens in Santo Tirso

        The Arco Retail Park was officially opened today in Santo Tirso on a redeveloped site once occupied by the old Arco Textiles Factory. Built by the design and build developer Garcia Garcia, the [...]

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        By Christopher Graeme
        In Companies, Energy, Green energy, News, OPA
        Posted 15 Maio, 2024

        KKR clinches majority shareholding in Greenvolt

        The US equity and asset management group Kohlberg Kravis Roberts (KKR) will seal its deal to acquire 60.9% of the capital of Portugal’s renewables company Greenvolt at the end of this month. The [...]

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        0
        By Christopher Graeme
        In Economy, GDP, News
        Posted 15 Maio, 2024

        Portugal’s economy to grow 1.7% says Brussels

        The European Commission has forecast that Portugal’s economy will likely grow by 1.7% this year with a budget surplus of 0.4%. The estimate from its spring forecast published today (Wednesday) is [...]

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