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 [...]
PwC’s annual report Global Funds Distribution which studies the distribution off cross-border funds – meaning the sale of funds in more than one country – shows that the [...]
The sale of ECS restructuring funds enters its second phase this week with three investors in the running: Davidson Kempner, Bain/Cerberus and Oaktree. Davidson Kempner, a consortium formed by [...]
ORES, the joint-venture property management investment company has made its first divestment, netting €4.1 million for the sale of a retail premises in Vigo, Spain. Olimpo Real Estate (ORES), a [...]
BrightGate Capital has reached an agreement with Eastspring Investments for the distribution of its funds on the Iberian market. Eastspring Investments is a fund and asset manager belongs to [...]
The Portugália quarter on Lisbon’s Almirante Reis avenue is to be done up and turned into a hotel, tourist apartments, housing, shops and services. According to the TVI24 news channel, Lisbon [...]
B&B Hotels has announced the sale of B&B Hotel Lisboa Aeroporto for €14 million to the MNK Partners fund. According to Iberian Property, the hotel next to Humberto Delgado airport, was [...]
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 [...]
In celebration of its first decade of operation, Braga-based Casa de Investimentos has launched the first 100% share-driven Pensions Savings Plan Fund (PPRF). The idea of its new product is to [...]
Apax Partners has purchased 17% of the online property portal Idealista just two months after selling its majority share in the portal to the Swedish fund manager EQT. The announcement of the [...]
