Sonae Capital Sells Aparthotel in Lagos for 20.65 Million Euros
6 November 2020 – Sonae Capital has reached an agreement to sell the Aqualuz – Suite Hotel Apartments in Lagos, Algarve, to the Imofomento fund, which is managed by BPI. The aparthotel sold for 20.65 million through Sonae Capital’s subsidiary Bloco Q, in a deal that is expected to be finalised by the end of […]
CA Património Crescente Acquires “Expo Living” Building in Parque das Nações for €21.8 Million
4 November 2020 – The “Expo Living” building, which is located in the southern part of Parque das Nações, in Lisbon, has been sold by GMG Real Estate to Crédito Agrícola’s fund CA Património Crescente. The fund is managed by the Portuguese investment fund manager Square Asset Management. The transaction, worth approximately 21.8 million euros, […]
Novo Banco to Sell €200-Million Wilkinson Project by the End of the Year
3 November 2020 – Novo Banco has announced that it is putting a new portfolio of non-performing loans on sale. The portfolio, which is valued at just over 200 million euros, is expected to sell by the end of the year, and has been dubbed the “Wilkinson Project.” The bank, which is helmed by António […]