Iberian Property > News > Hotels Or Shell & Âncora buy 17th-century palace in Lisbon The heritage-listed palace, located in the historic centre of Lisbon, comprises more than 4,000 sqm of gross area, and the companies intend to convert the asset into a boutique hotel. Alexandre Lima | 20/11/2025 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Stay U-nique expands into the Canary Islands with an ibis Styles hotel 21 April 2026 Hotels M&G buys hotel in Barcelona’s 22@ for €50 million 24 April 2026