Iberian Property > News > Hotels Sierra and PGIM by a hotel in Porto through a new joint venture With the announcement of a new vehicle, Sierra and PGIM have also communicated the acquisition of the first hotel in Porto, scheduled to open in the second half of this year. Alexandre Lima | 09/04/2024 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates Nuveen takes over Schroders through a €11.4 billion cash acquisition 12 February 2026 Market Updates Hoteles Bestprice launches €60M hotel investment vehicle 19 February 2026