A leader in Portugal’s real estate sector is calling for an extension to moratoria on borrowing for a further year to avoid the sector facing “atomic devastation” . Luís Lima, president of the [...]
A millionaire French entrepreneur has bought The Navigator Company headquarters building in Lisbon and 16 other buildings for €120 million. The British investment fund River Crown sold the [...]
Portugal is attracting exactly the kind of affluent residents and investors that reflect the country’s low-profile and refined charms according to one of the country’s most successful and [...]
Sales in Portugal’s housing market were down 8% in 2020 according to Confidencial Imobiliário. The year closed with a total of 161,500 sales on mainland Portugal says CI based on information [...]
The economic effects of the pandemic are still unfurling. During the first nine months of 2020, Portugal’s turnover, in terms of taxable income, fell by 14.8%. It is estimated that there are [...]
It is with great sadness that Essential Business has to announce the passing of Joaquim Pereira de Almeida this week. Joaquim Pereira de Almeida was an instantly recognisable face and a grand, [...]
A new international real estate company, Nhood, part of the AFM group and Ceetrus, has €500 million to invest in the Portuguese property market. Nhood is a new company that specialises in [...]
The Portuguese real estate market performed better than expected in 2020 according to Imovirtual. The big question for 2021, however, is whether the Portuguese housing market will continue to [...]
Take-up in the office market in Portugal’s two main cities, Porto and Lisbon, fell in the last quarter of 2020. In Lisbon take-up was 27% down than in 2019. In Porto the fall was 17% compared to [...]
Lisbon’s Picoas Plaza has been bought by the open real estate investment fund Imofomento managed by BPI Asset Management for €15 million. The shopping centre was once owned by the Spanish [...]
