Reyal Urbis buys Lisbon's Silva Amado asset

By A staff reporter 2007-06-08T00:00:00

Spain's Reyal Urbis has acquired a 50% stake in the historic Silva Amado building in Lisbon for EUR 20 mln. The 18th century property provides some 9,000 m[sup]2[/sup] of gross space that will be converted into a 55-room, five-star hotel, Reyal said. The Spanish company already owns 50% of ...

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