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Investment

Renaissance Porto Lapa Hotel nominated for SIC Expresso Real State Awards

This year, the prestigious SIC Expresso Real Estate Awards are set to showcase the best in the industry, with a remarkable record of 72 applications submitted, reflecting an increase of 18 entries from 2023. Among the distinguished contenders is the Renaissance Porto Lapa Hotel, recognized...

‘Africa is witnessing a growing interest in investment migration’: read Mehdi Kadiri exclusive interview to Business Day

Mehdi Kadiri is a seasoned executive with a wealth of experience across multiple industries and regions. As the executive vice president at Mercan, Mehdi plays a pivotal role in driving business development, fostering strategic partnerships, and leading operational initiatives.With a deep understanding of investment migration, Mehdi’s...

Mercan Properties lays the foundation stone of the future Lagos Marina Hotel

October 8th marked the first chapter in the Algarve region for Mercan Properties Group, with the Groundbreaking Ceremony for the first stone of the Lagos Marina Hotel project targeting an investment of 107.8 million euros. This development in Lagos, Algarve, will result in two hotels:...

Casa da Companhia celebrates Port Wine Day

On September 10, 1756, the then majestic Real Companhia Velha was founded – and today, after 268 years, it remains the oldest company and national wine producer. A decade ago, the Douro and Port Wine Institute (IVDP) gave this date a new "title", Port Wine...

Holiday Inn Express Évora Opens Its Doors

On September 25, the historic city of Évora, in the Alentejo region, welcomed a new hotel: the Holiday Inn Express Évora. This hotel project, a result of a €16.8 million investment by Grupo Mercan Properties, will operate under the IHG Hotels & Resorts brand, one...