29 Jul
2019

Injex invests €500,000 in internationalisation

A Portuguese car component company from Famalicão has invested €500,000 to expand and digitalise its production.

29 Jul
2019

AEW acquires Portuguese retail portfolio

AEW, acting on behalf of the Europe City Retail Fund, has acquired eight assets via two transactions in Lisbon and Porto, Portugal. The portfolio comprises 5,300m² of high street retail. The purchase price was not disclosed.

28 Jul
2019

Acquiring a Home Now Less Expensive Than Renting

Purchasing a 90-square-meter home in Portugal implies a monthly cost that is between 14% and 61% less than the equivalent rental cost for a similar home in the same area

28 Jul
2019

Municipalities Grant Licensing for Almost 19,000 New Homes in First Half of 2019

From January to June, municipal authorities in Portugal granted licensing for 18,806 homes, part of 7,626 residential developments, according to Confidencial Imobiliário.

28 Jul
2019

AM Alpha Acquires BPlanet Shopping Centre South of Lisbon for €55 Million

The Munich-based family office AM Alpha fund, in conjunction with Nordrheinische Aerzteversorgung, acquired the BPlanet shopping mall in Barreiro in a deal reportedly worth around 55 million euros.

28 Jul
2019

Novo Banco Liquidates Imovalor After Sale of Last Asset

Novo Banco has liquidated its Imovalor fund after selling its last asset, a plot of land with more than 21,000 square meters in Campo Pequeno.

27 Jul
2019

Residential Price Growth Slows in 2019

Housing prices in Portugal continued their years-long rise, reaching a ten-year high. However, at the same time the trend showed signs of stabilising.

27 Jul
2019

Housing Prices in Portugal Rise Above €1,000/m2

Housing prices in Portugal reached a record-high of €1,011 per square meter in the first quarter of 2019, according to data published by the country’s statistical agency, the INE.

27 Jul
2019

Banco Montepio Sells €321-Million Portfolio of NPLs to Panorama Jubilante

Banco Montepio announced that it had sold a portfolio of non-performing loans with a total gross value of 321 million euros to Panorama Jubilante S.A. João Bugalho, the CEO of Whitestar

26 Jul
2019

€1.5million investment in new campsite

A new camping site in Ponte de Lima will cost €1.5 million and will create 24 jobs in a National Agriculture Reserve (RAN).

26 Jul
2019

Indebtedness of non-financial companies up

The indebtedness of non-financial companies in Portugal in May increased by 3.4 billion to €729.6 billion.

26 Jul
2019

Law firm counters Golden Visa delay claims

An international law firm with a strong presence in Portugal has countered claims that non-EU applicants seeking Portuguese residency status for investment face long processing times.

26 Jul
2019

euroAtlantic in selloff negotiations with I-Jet

Portuguese airline euroAtlantic airways has admitted this week that it is “in negotiations” to sell the company to Luxembourg airline I-Jet Aviation.

26 Jul
2019

Portugal’s annual budget shrinks to €536 million

Portugal’s annual budget deficit to June 2019 shrank to €536 billion, a like-for-like improvement of €2.1 billion on the same period in 2018.

26 Jul
2019

Trend reversing investment in northern Portugal

Public investment in northern municipalities increased by 42.4 percent in 2017

26 Jul
2019

Algarve voted most “family friendly” destination

The Algarve has taken the top spot as the most family friendly destination for Brits this summer

25 Jul
2019

Novo Banco Finalises Sale of Project Sertorius to Cerberus

Novo Banco has finalised the sale of a €400-million real estate portfolio, denominated “Project Sertorius,” to the American private equity firm Cerberus.

25 Jul
2019

W Residences Inaugurated in Algarve

THE W Residences Algarve, a luxury beachfront condominium project on a 250,000sqm beachfront plot of land near Albufeira, was officially launched in May.

25 Jul
2019

Polo da Ajuda Student Residence Inaugurated in Lisbon

THE first phase of the Polo da Ajuda university residence project, which will provide 180 beds for students beginning this school year, was inaugurated this week.

25 Jul
2019

Launch of a new venture in the Arts District

There's a new luxury condominium shining in the Bairro das Artes, in Oporto.