Iberian Property > News > Hotels Sonae Sierra and PGIM invest €60M in a luxury resort in Algarve The project, located on the Algarve beachfront, will comprise a total of 158 keys across hotels and apartments, featuring a leading international luxury brand. Alexandre Lima | 16/12/2024 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Ona Hotels & Apartments buys the Hotel Ritual Torremolinos 16 January 2026 Market Updates Martinón emerges as preferred bidder for Mar Abierto hotels 29 January 2026