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: Retail BPI Gestão de Ativos sells retail property in Lisbon 26 May 2026 Hotels Summum Hotel Group opens a five-star boutique hotel in Ávila 29 May 2026