Silver Coast receives West Cliffs Ocean and Golf Resort Development
West Cliffs Resort and Century 21 presented the new West Cliffs Ocean and Golf Resort, a 5-star resort located in Costa de Prata. The development includes 261 lots and 469 housing units, ranging from independent houses to townhouses and apartments, all designed to harmonize with the surrounding natural landscape. Oxy Capital is the project promoter and the resort is located between Baleal Beach, Obidos Lagoon and Foz do Arelho.
Cushman & Wakefield takes over Serris REIM’s portfolio management in Portugal
Cushman & Wakefield selected to manage over 20,000 sqm of assets in different sectors. French company Serris REIM has over €500m in assets under management. The managed assets include logistics, healthcare, and office properties.
LX Capital presents Avenida Valbom Higher Living project in Cascais
LX Capital unveiled its first project in Cascais, the Avenida Valbom Higher Living, a luxury apartment complex located in the historic center of the village. The project features four luxury apartments, one of which is a penthouse with a private pool and a view of Cascais Bay. The investment value for the project has not been disclosed.
Torres Vedras to receive Portela da Villa Development in na investment of arround 200 million euros
LeapAssets presented its latest project in the Portuguese market, the Portela da Villa development in Torres Vedras. The development will have around 260 lots and 800 homes, as well as retail and service units. The completed development is expected to house nearly 3,000 residents.
Dan Cake buildings acquired for 22 million euros by Portugal’s largest real estate fund
The real estate investment fund CA Património Crescente, the largest with activity in Portugal with over €1.1 billion in assets under management, has acquired Dan Cake’s buildings in Portugal for around €22 million. The buildings include the headquarters, offices, and warehouses of Dan Cake, located in Póvoa de Santa Iria, as well as the facilities of the company’s only factory in the country, located in Coimbra. The acquisition represents a significant investment in the real estate market and strengthens the fund’s portfolio in the industrial sector.
The Almar South Living development in Almada will be built in an investment of 130 milliion euros
The ALMAR South Living project by Habitat Invest and Patron Capital Partners will offer 514 new apartments distributed over 13 buildings. The project is aimed at the middle class and designed by Saraiva + Associados, with construction taking place in three phases. The development will cover an area of 9,600 m2, with a construction capacity of approximately 51,000 m2.