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Cuatrecasas advises sale of Forum Algarve for 130 million euros to Spanish asset manager
Business
Investments
Faro

Cuatrecasas advises sale of Forum Algarve for 130 million euros to Spanish asset manager

SAPO Notícias15 September 2026 at 11:41

The Forum Algarve shopping centre, located in Faro, was sold for 130 million euros. The operation involved the transfer of ownership of this commercial real estate asset.

The seller was the German asset manager Commerz Real, which divested its position in the Algarve shopping centre. The buyer is the Spanish company Alfana Investment Management.

The transaction was advised by law firm Cuatrecasas, which provided legal support in completing the sale. The value of the operation stands at 130 million euros.

Why this matters

The sale of Forum Algarve for 130 million euros represents a significant change in ownership of one of the main shopping centres in the Algarve. The transaction between a German manager and a Spanish company reflects the interest of foreign investors in the Portuguese commercial real estate market, which may have implications for the retail sector and the local economy of the region.

About this summary

This is our short summary of a report published by SAPO Notícias on 15 September 2026 at 11:41; the full text stays with the publisher. In our feed it sits under Business, and it concerns Faro. We currently carry 23160 items in that section.

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