PropertyEU

Azora fund picks up major Algarve resort

By Virna Asara 2022-05-13T00:00:00

resort

Azora, a Madrid-based European real estate investment manager, has completed the acquisition of the Pestana Blue Alvor, a five-star hotel in Portugal’s Algarve region, on behalf of the Azora European Hotel & Lodging (Azora EH&L), from Pestana Hotel Group, a Portuguese hospitality group.

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