Hyatt Hotels Corporation has marked its latest expansion in Portugal with the opening of the Hyatt Regency Vilamoura Algarve. Following a full rebranding of the Dom Pedro Vilamoura, the hotel now offers 257 guestrooms and 21 suites designed with local Algarvian heritage in mind. Managed by DETAILS, the resort provides an upscale retreat for leisure and business guests near the town's famous marina and golden beaches.
Europi Property Group and Incus Capital have formed a strategic joint venture to expand the Portuguese logistics firm Ecologis across the Iberian Peninsula. The partnership aims to build a leading platform by acquiring at least €100 million of additional high-quality assets in Portugal and Spain. Since its launch in 2021, Ecologis has amassed a 160k sqm portfolio of 11 assets which are currently fully occupied.
Kronos Homes has launched its first mixed-use tourism project in Lisbon, the €150 million MIMA development in the Parque das Nações district. A core component is MIMA Living, offering 180 residential apartments with a new concept of urban housing. The fully furnished apartments, designed by Broadway Malyan, combine contemporary architecture and flexibility. Notably, the model offers professional tourism management, allowing buyers to generate income when not occupying the homes.
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