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: Market Updates Ibervalles Hoteles Socimi debuts on BME Scaleup with a valuation of €93M 18 December 2025 Logistics Quetta Data Centres begins construction in Madrid and Barcelona 10 December 2025