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 Atream Hôtels enters Spain with acquisition of Sun Palace Albir in Alicante 23 September 2026 Market Updates Ardian Rockfield acquires five Nido Livensa student residences in Portugal 14 September 2026