Square Asset Management has admitted it will invest more in Madeira after acquiring the shopping centre La Vie Funchal. Through its fund CA Património Crescente, Square AM purchased the shopping [...]
Alianasce Sonae has sold its share in two more shopping centres in Brazil for €55 million after selling 20% of a shopping centre in São Paulo in September. It is part of an overall deleveraging [...]
The Portuguese multi-sectoral, multinational group Sonae has posted an increase in its profits for 2022 of 28%. The company which operates Sonae Sierra shopping malls across Portugal and Europe [...]
Portuguese international shopping centres specialist Sonae Sierra has opened the largest mall in south-east Europe. The Prishtina Mall which is located 10km from Pristina, the capital of Kosovo, [...]
Portuguese bank Caixa Geral de Depósitos has sold a white elephant shopping centre built by the developer Martifer at a cost of €65 million. The La Vie shopping centre in Porto has virtually [...]
Finangeste, the Lisbon-based real estate investment company, has purchased the company Multi24, the owners of the Lisbon south bank shopping centre Fórum Barreiro, from bank BCP for an [...]
Sonae has sold the 23,000m2 Continente hypermarket at Lisbon’s Colombo shopping centre for an undisclosed sum. The Portuguese shopping centre developer and management company sold the property [...]
A real estate investment trust (REIT) belonging to Sonae Sierra has paid €26.2 million for three Continente hypermarkets. Olimpo Real Estate Portugal (ORES), was the first real estate investment [...]
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 Portuguese multinational property, supermarket and shopping centre development and management giant Sonae has already linked 60% of its investment finance to green goals. Both directly and [...]