Shareholders for Teixeira Duarte have approved board of directors results of €-15.36million for the financial year 2017. The negative results of €15,359,540,30 have been sent to the [...]
The Portuguese Cooperative-style bank Montepio is to invest €11 million in a home for the elderly in Lisbon’s Entrecampos zone. The building, currently under construction, is on a 13,000m2 [...]
A French property developer is to build a mega-development in Lisbon’s Alcântara by trendy alternative co-work and shopping area LX Factory. The two buildings comprise offices and housing [...]
Portuguese insurer Fidelidade is broadening its investment portfolio to include beer, clothing and tourism. Fidelidade is now a shareholder in the Chinese beer brewer Tsingtao. Fidelidade [...]
The Portuguese Hotel Association (AHP) has voiced its opposition to oil prospection at Aljezur. Its opposition to prospection off the Alentejo coast is down to it being a “polluting industry” [...]
Porto property prices per square metre have soared 127% since 2013 according to a study by Porto Municipal Council and Confidential Imobiliário which produces property price indices for Lisbon [...]
Real estate investment in halls of residence for students is increasing in Portugal, according to property consultants Cushman & Wakefield. In Europe, average investment in student [...]
A judge has ordered that bank and tax information on EDP top brass António Mexia and João Manso Neto should not be taken into consideration in a Public Ministry investigation until the case goes [...]
Ombria Resort has unveiled has unveiled the first development phase in the Algarve of what will become the new five-star Viceroy Hotel. Nestled in the inland Algarve, Ombria Resort [...]
The Lisbon Luxury Summit which brings together professionals from various segments in the luxury retail market opens on Thursday at the city’s Hotel Altis Belém. The 2nd morning panel is [...]