Thor Spain Private Equity has bought a company which holds a plot of land on Porto’s Rua 5 de Outubro which has been earmarked for a residential home for the elderly. The operation was [...]
Novobanco is to advance with the sale of its headquarters on Lisbon’s Avenida da Liberdade – the price tag? €100 million. The bank will abandon its prime location on Lisbon’s most expensive [...]
AGEAS Tejo was voted the ‘Best Development of the Year’ and ‘Best Office Development’ by an independent jury at this year’s Portugal Property Oscars organised by Magazine Imobiliário. With over [...]
The war in Ukraine, sanctions against Russia and a climate of instability and uncertainty in Eastern Europe could mean companies and High Net Worth Individuals could shift investments away from [...]
The first quarter of 2022 closed with a total of 24 mergers and acquisitions in the real estate sector in Portugal. The M&A operations, from two announced and 22 completed, drummed up a total [...]
The Portuguese real estate, shopping mall and supermarket giant Sonae has doubled its profits on 2019 posting €268 million for 2021. Overall, its business turnover exceeded €7Bn by the end of [...]
The Montepio Mutualist Association is to build six buildings at Quinta do Pinheiro in Porto. In a real estate project that had been on ice for 20 years, Montepio has now signed a contract with a [...]
Applications to submit for this year’s SIL Real Estate Awards but be made by April 8. The SIL Portuguese Property Fair organises its SIL Real Estate Awards on an annual basis which recognise the [...]
The Israeli real estate development group Fortera will invest €500 million on 1000 homes over the next five years in real estate projects with a new concept called Alive. The developments are in [...]
Sonae Capital has abandoned plans for a €60 million mega hotel project in Gondomar near Porto. Now the company is looking for buyers for Douro Riverhill which comprises the Varziela and Azenha [...]
