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Mota-Engil divests to invest and puts over 120 construction equipment items up for auction
Mota-Engil will auction over 120 lots of equipment aimed at the specialized construction and public works market. This asset sale is part of the company’s strategy to divest from equipment that no longer adds value to its operations.
https://executivedigest.sapo.pt/noticias/mota-engil-desinveste-para-investir-e-coloca-em-leilao-mais-de-120-equipamentos-de-construcao-civil/
Real estate funds generate increased returns with rising rents
Every year, property rents are adjusted according to inflation, whether they are residential or commercial. This is good news for real estate investment funds, as it ultimately improves the profitability of assets. That’s why investing savings in open-ended investment funds is becoming more attractive.
https://www.idealista.pt/news/imobiliario/empresas/2024/10/30/66473-fundos-imobiliarios-geram-ganhos-acrescidos-com-subida-das-rendas?utm_medium=email&utm_campaign=news_daily&utm_campaigntype=retention&utm_creation=news_daily_20241031&utm_date_send=2024-10-3107:31:23&utm_link=m3TitularNode66473&utm_project=visitGeneration&utm_recipient_id=62030892488&utm_recipient_list=3&utm_source=newsletters
Want to own 3% of the Algarve Highway? It’s up for online auction for 6 million
Founded in 1968, J. Gomes – Sociedade de Construções do Cávado was one of the largest construction companies in the country, having participated in various public and private works in Portugal and several foreign markets, including hospitals, school parks, educational institutions, cultural and sports centers, as well as road infrastructures.