Arrow Global beefs up investment in Vilamoura with acquisition of Browns Sports Resort
Funds managed by Arrow Global have completed the acquisition of Browns Sports Resort in Vilamoura, in a transaction that reinforces the group’s strategy of investing in distinctive tourism and sports assets in Portugal. The management of the resort will be handled by DETAILS – Hospitality, Sports & Leisure.
Located in the center of Vilamoura and situated on an area of approximately 53,000 square meters, Browns Sports Resort is a benchmark in the sports tourism segment in the Algarve. The complex includes villa accommodation, high-performance training facilities, a Health Club, a spa, and restaurants.
The acquisition aligns with the strategy of Arrow Global fund vehicles to consolidate an integrated portfolio of sports and tourism assets, based on improving infrastructure and enhancing destinations. In Vilamoura, this vision has been accompanied by investments in improving golf courses and expanding the marina.
João Bugalho, CEO of Arrow Global Portugal, says the investment reflects the group’s vision of creating economic, social, and reputational value for the country: “Vilamoura offers unique conditions to establish itself as a destination of excellence for major international sporting events, combining quality infrastructure, organizational capacity, and a territorial setting that enhances the international projection of the region and Portugal,” he states.
