19 Jul
2019

TAP mortgaged headquarters to finance loans

Portugal’s national airline TAP had to mortgage 29 buildings that comprised its headquarters at Lisbon airport to get a loan of €75 million.

19 Jul
2019

Regulatory Framework Covering SIGIs Approved in Portugal

The regulatory framework covering Real Estate Investment Companies (SIGIs), the equivalent to American REITs and Spanish socimis, was approved Tuesday in Parliament.

19 Jul
2019

Financing for nutrition sachet powder company

Kencko Sachets are designed to give people a more balanced diet through powdered sachets.

19 Jul
2019

easyJet launches new Madeira route

A new route between the Cristiano Ronaldo airport in Madeira and Berlin Tegal in Germany has been launched by the low cost airline.

19 Jul
2019

World Luxury Spa Award for Algarve

VILA VITA Spa by Sisley Paris has been honoured at the World Luxury Spa & Restaurants Awards with the 2019 Luxury Wellness Spa Award for Portugal.

19 Jul
2019

Uptown Vilamoura construction begins

The new project in Vilamoura will see the construction of 31 villas and apartments and is expected to be completed by the end of 2020.

18 Jul
2019

Immigration in Portugal: Breaking Records since 1976

The number of foreigners residing in Portugal continues to rise. In 2018 only, it was registered an increase of 13.9% relative to the previous year.

18 Jul
2019

Israelis are already second among candidates for Portuguese nationality

Brazilians continue to hold the majority in applications for Portuguese nationality

18 Jul
2019

Demand for Azores bonds exceeds supply

Demand for bonds issued by the Azores exceeded the amount on offer by more than 50%, with the average yield its lowest ever, the regional government has revealed.

17 Jul
2019

Big debtors cost Novo Banco €3.5Bn

Big debtors have generated losses of €3.5Bn for Novo Banco according to the Bank of Portugal in its report about bank loan defaulters.

17 Jul
2019

Northern Portugal a magnet for investment

Porto and the north of Portugal are proving to be magnets for overseas investment according to a study from InvestPorto and Ernst & Young.

17 Jul
2019

Portugal issues €1.5Bn in bonds at 6 and 12 months

The Portuguese treasury has announced that on 15 May it floated €1.5Bn in six and 12 months treasury bonds at negative interest.

17 Jul
2019

HUUB invests €2 million in online fashion store

A Portuguese technology startup has invested €2 million with the aim of developing an online platform dedicated to selling fashion items.

17 Jul
2019

Curzon Capital Invests €100M in a Portfolio of Offices in Lisbon

Curzon Capital Partners 5 LLP, a fund advised by Tristan Capital Partners LLP, has acquired a portfolio of seven office buildings primarily located in Lisbon’s CBD for an amount totalling 100 million euros.

16 Jul
2019

Lisbon City Council to Invest €239 Million in Affordable Housing

The Lisbon City Council (CML) and the Institute of Housing and Urban Rehabilitation (IHRU) announced that they will invest €239 million to build affordable homes

16 Jul
2019

Värde Partners Snaps Up Ten Buildings in Portugal’s Capital

Less than a month after Värde Partners bought Torre Burgos, a prime office building in Porto; the U.S. global investment manager returned to the Portuguese real estate market.

16 Jul
2019

Olympus to build regional repair centre in Coimbra

Coimbra city council has announced the city's technology park (Coimbra iParque) will become home to the "main Olympus repair centre for Europe, The Middle East and Africa".

16 Jul
2019

Portuguese poet’s holiday home in Lagos for sale for €1.4 million

It was often a source of inspiration for Portugal’s acclaimed poet Sophia de Mello Breyner, who died in 2004, and is now on the market for a selling price of €1.4 million.

15 Jul
2019

JLL and CBRE sell 10 Lisbon prime properties

Multinational property consultants Jones Lang Lasalle and CBRE have sold a portfolio of 10 commercial properties in Lisbon.

15 Jul
2019

Bright Pixel invests in Fyde

Bright Pixel, a Portuguese technology investment company, has taken part in a €2 million fund-raising round for US post-seed startup Fyde.