Asset and Fund Management

Portugal’s mutualist bank Montepio has sold its total capital share in Montepio Valor to the Associação Mutualista Montepio Geral for €3.7 million. The impact on the bank’s accounts and capital [...]

Portugal’s banking sector has announced the real estate sale of the year by selling off an entire portfolio of luxury hotels to the Davidson Kempner fund The asset management entity has bought [...]

The shopping centre management group Mundicenter, which owns Amoreiras Shopping, has filed five court actions against the Portuguese State to the tune of €8.8 million. The court actions have to [...]

The UK fund British Sixth Street has purchased 15 buildings at the Oeiras Quint da Fonte office park near Lisbon for €150 million. The acquisition is said to be one if the largest property deals [...]

Despite the Covid-19 pandemic, large International funds are continuing to make acquisitions in the Portuguese market. According to TTR, investment turnover soared 24% in 2020 to €18.4Bn. This [...]

One of the most exclusive business clubs in the world, the GRI Club returns to Portugal between 20 and 21 September 2021 at Lisbon’s Marriott Hotel. The event will provide a two-day get-together [...]

The US equity fund Lone Star, which owns a controlling share in Portugal’s Novo Banco, has sold an Algarve marina and resort project to the British fund Arrow Capital. Lone Star has sold ‘Project [...]

Portugal’s banks are continuing to improve their balance sheets – this time by selling off the stakes they hold in the tourism development fund Discovery. The fund is managed by asset [...]