Portugal

Limehome has expanded its portfolio by more than 1,000 apartments to 4,500 in the first half of 2023. With 400 new apartments in the first quarter alone, the year was already off to a good start for the serviced apartment provider. Now, the hyper growth company has increased its growth by another 600 apartments in the second ...

Multi Corporation, a leading European retail management and development company, has won the technical property management mandate for a hotel complex in Lisbon managed under the DoubleTree by Hilton brand and owned by a real estate fund of Commerz Real, the asset and investment manager of German Commerzbank.

Arrow Global has completed the acquisition of major assets from the Dom Pedro Group. The assets, now under the ownership of funds managed by Arrow, include three Vilamoura hotels – Dom Pedro Portobelo, Dom Pedro Marina and Dom Pedro Vilamoura, along with five flagship Vilamoura golf courses – Old Course, Pinhal, Laguna, Mille...

Signal Capital and Sierra have announced the development of a new and innovative mixed-use project in Lisbon, República 5. Located in one of the main city arteries, the project has a gross construction area of around 30,000 m² , divided into a residential component, an area dedicated to offices and retail space.

Bain Capital and Conren Tramway (CT), a Spanish real estate investment and development firm, have announced the launch of a JV to co-invest over €600 million into the acquisition and development of logistics in Spain and Portugal over the next five years.

According to Savills latest European Logistics Outlook, industrial investment volumes, which totalled €5.1bn, declined by 49% QoQ and by 73% compared to Q1 2022, which was notably a record high. Compared to the same period last year on a country-by-country, The Czech Republic (-3%), Ireland (-29%) and Portugal (-45%) recorded...

Savills Investment Management (Savills IM) has acquired a supermarket portfolio comprising four strategically located properties in Portugal for its European food retail strategy. The purchase price was around €39 million. With this purchase, equity commitments for the strategy grow to a volume of €470 million – with properti...

According to Savills latest research, European hotel transaction volumes in Q1 2023 were down 18.6% YoY to total €3.1bn, with the slowdown being primarily driven by Europe’s biggest hotel investment markets, UK and Germany. However, Q1 2023 volumes in France were up 136.2% year on year and although Spain reported year on year...

Christie & Co has published a new report analysing the evolution of international hotel brands in Spain, which reveals a growing interest in the Spanish hotel market since 2019.

M7 Real Estate has acquired four last mile logistics properties in Portugal, via three separate off-market transactions, on behalf of funds managed by Blackstone, the world’s largest alternative investment manager.

Amro Partners has strengthened its senior leadership team with four key promotions, as it prepares to scale up its European student housing and UK Build to Rent platforms to become a major player in both markets by the end of this decade.

Trei Real Estate GmbH has sold off its entire portfolio of 49 assets in Portugal to LCN Capital Partners, an active sale-leaseback and build-to-suit investor in Europe and North America.

M7 Real Estate (“M7”) has sold the Forte 9 office building, formerly known as Cervejaria Lusitânia facilities, on Avenida do Forte in Carnaxide to Lusoproa, a Portuguese real estate developer.

The Memmo Hotels'hotel group has recently acquired a hotel in Paul do Mar, Madeira. The former four-star 60-room Hotel Paul do Mar Sea View is located in the Calheta district. With this acquisition the Portugal portfolio grows to four locations.

Union Investment has acquired the Continente Colombo hypermarket operated by food retailer Sonae MC in the Portuguese capital, Lisbon.

Last week, Hyatt Hotels Corporation celebrated the opening of Hyatt Regency Lisbon, located in the district of Belém along the banks of the breathtaking Tagus River. The hotel provides 204 guestrooms and suites, with some including stunning balcony views over the river.

Spanish fund manager Azora, through its European Hotel & Lodging vehicle, has acquired The Lodge, a 119-room hotel in Porto, Portugal, for €40m. The seller was Portuguese businessman Mario Ferreira through his company Pluris Investments.

Christie & Co announces that Nicolas Cousin has been promoted to Managing Director of Spain and Portugal, working from the Madrid office.