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: Residential Avintia wins a project in Tres Cantos for 184 affordable rental homes 12 February 2026 Hotels Canarian Hospitality invests in a new five-star hotel development in Lanzarote 04 February 2026