The real estate investment fund that is managed by the Portuguese bank BPI, BPI Imofomento, has acquired the Lisbon shopping centre Galerias Saldanha Residence for €27 million The deal announced [...]
Vanguard Properties and Amorim Luxury have signed an agreement to separate their shareholdings in the luxury tourism project Comporta which has been dubbed Portugal’s answer to the Hamptons. The [...]
House prices in Portugal rose 8.3% in 2021 according to online property portal Idealista. According to their price index, by the end of December, 2021 buying a house had a mean cost of €2,323 per [...]
Commercial real estate investment in Portugal was 30% down in 2021 on the previous year, netting around €2Bn. Nevertheless, 2020 had been better precisely because of so many uncompleted [...]
Portugal’s residential real estate market continues to be resilient to the effects of the Covid-19 pandemic according to property consultants JLL. Its estimates point to a record €33Bn in [...]
Icade Santé and Icade Healthcare Europe from the French group Icade, has purchased the health fund Saudeinveste from Portuguese insurer Fidelidade for €200 million. Saudeinveste has a portfolio [...]
The liquidation of a real estate fund which was set up to finance a massive real estate development in Porto from the failed Grupo Espírito Santo has netted a further €8.5 million for a principal [...]
Increased technological development accelerated by the Covid-19 pandemic and sustainability will mark the future of the Portuguese real estate market according to key players in the sector. [...]
Over the past two years only one REIT (real estate investment trust), referred to as SIGI in Portugal, has been set up. Since July 2019 the one REIT was created by the shopping centre management [...]
The President of Portugal’s Association of Real Estate Developers and Investors (APPII), Hugo Santos Ferreira, has been awarded the Excellence in Real Estate Award by the publication Construir. [...]
