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        Archives

        Monthly Archive for: "Agosto, 2025"
         Mercan Properties invests €33 million in new wing for Renaissance Porto Lapa Hotel
        0
        By Christopher Graeme
        In Hospitality, Hotel, News
        Posted 29 Agosto, 2025

        Mercan Properties invests €33 million in new wing for Renaissance Porto Lapa Hotel

        The Renaissance Porto Lapa Hotel in Porto, which opened two years ago, is to create 78 new rooms, a spa, gym and indoor pool in an investment of over €33 million in a new block. The expansion [...]

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         The Agency Portugal enjoys bumper summer with million-euro sales in Cascais
        0
        By Christopher Graeme
        In Estate agencies, Luxury property, News, Real Estate
        Posted 29 Agosto, 2025

        The Agency Portugal enjoys bumper summer with million-euro sales in Cascais

        In just one month, the premium and luxury estate agency The Agency Portugal has cemented its leading position as a brand in Portugal’s luxury real estate market by selling a property for €9.5 and [...]

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         MEO revenues up 3.5% to €1.4Bn in 1H
        0
        By Christopher Graeme
        In Altice Portugal, Financial results, MEO, News, Telecoms
        Posted 29 Agosto, 2025

        MEO revenues up 3.5% to €1.4Bn in 1H

        Portugal’s telecoms brand MEO enjoyed revenues of €1.392Bn in the first half of the year, which represents an increase of 3.5% compared to the same period last year. And Altice Portugal’s [...]

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         Competition authority gives green light to Grupo Bel to acquire four companies
        0
        By Christopher Graeme
        In Acquisitions, Companies, News
        Posted 29 Agosto, 2025

        Competition authority gives green light to Grupo Bel to acquire four companies

        Portugal’s Competition Authority (AdC) has given the green light to the purchase of companies Grudisul, Alcigarve, Tabacaria L. Lisboa and Sobral & Renato by the Grupo Bel. These companies [...]

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         Stock of home loans up 8.1% in July to to €106.3 million
        0
        By Christopher Graeme
        In Housing market, Mortgage lending, News
        Posted 29 Agosto, 2025

        Stock of home loans up 8.1% in July to to €106.3 million

        Mortgages in Portugal grew by 8.1% in July like-for-like on 2024 – the highest growth since August 2008, to €106.2 million by the end of July according to the Bank of Portugal. “In July, [...]

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         Vila Galé expansion in Cuba to be completed in November
        0
        By Christopher Graeme
        In Hotel, News, Vila Gale
        Posted 29 Agosto, 2025

        Vila Galé expansion in Cuba to be completed in November

        The Vila Galé Group has opened three new hotels in Cuba: Vila Galé Express Park View (Havana), Vila Galé Cayo Santa Maria (Cayo las Brujas) and Vila Galé Tropical Varadero (Varadero). Operations [...]

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         TAP posts profits of €37.5 million for 2Q but an overall loss of €70.7 million for 1H, 2025
        0
        By Christopher Graeme
        In Financial results, News, Privatisations, TAP
        Posted 29 Agosto, 2025

        TAP posts profits of €37.5 million for 2Q but an overall loss of €70.7 million for 1H, 2025

        Portugal ’s national airline TAP is moving towards part privatisation after the government approved a 49.9% sale of its capital. But despite a profit of €37.5 million between April and June this [...]

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         PAO on Martifer shares from Visabeira advances
        0
        By Christopher Graeme
        In Company takeovers, Construction, News, Takeovers
        Posted 27 Agosto, 2025

        PAO on Martifer shares from Visabeira advances

        The Portuguese multinational, multi-sector holding Visabeira has officially registered its intention to launch a take-over bid or Public Acquisition Offer for the remaining shares of Martifer [...]

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         Portugal’s postal service CTT suspends sending parcels to the US
        0
        By Christopher Graeme
        In CTT Correios, News, Tariffs
        Posted 27 Agosto, 2025

        Portugal’s postal service CTT suspends sending parcels to the US

        Portugal’s postal service CTT decided to suspend the transport of parcels from one side of the Atlantic to the other because the ‘de minimus’ regime has been terminated and which exempted import [...]

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         UIP Group to continue investing in Portugal
        0
        By Christopher Graeme
        In Developers, Development, News, Resorts, Tourism
        Posted 27 Agosto, 2025

        UIP Group to continue investing in Portugal

        The developer and investor UIP, which owns Pine Cliffs in the Algarve, says it is committed to continuing to invest in Portugal. The group is currently developing Quinta Marques Gomes (pictured) [...]

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