Iberian Property > News > Hotels Or Shell & Âncora buy 17th-century palace in Lisbon The heritage-listed palace, located in the historic centre of Lisbon, comprises more than 4,000 sqm of gross area, and the companies intend to convert the asset into a boutique hotel. Alexandre Lima | 20/11/2025 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates The redevelopment of AZCA is set to attract €90M in public-private investment 19 March 2026 Offices Merlin Properties and CUNEF complete their new campus at Ciudad Universitaria 20 March 2026