Edición: asset sales

Azora Acquires Two 5-Star Hotels in the Algarve for €148 Million

Azora is increasing its investment in its hotel fund through its acquisition of two new hotels, which will be operated under the NH Hotel Group banner and is preparing new acquisitions for this summer.

Makro Sells Store in Alfragide for More than 40 Million Euros

Makro Portugal has just sold the site of its first store in Portugal, in Alfragide.

Avenue Sells Store at 266 Liberdade 13.9 Million Euros

Avenue has stated that it had sold the store at 266 Liberdade for 13.9 million euros. The property has 1.300 m² and is located in the building which was formerly home to the Diário de Notícias, in Lisbon.