Iberian Property > News > Hotels Sierra and PGIM by a hotel in Porto through a new joint venture With the announcement of a new vehicle, Sierra and PGIM have also communicated the acquisition of the first hotel in Porto, scheduled to open in the second half of this year. Alexandre Lima | 09/04/2024 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Hotels Sixth Street sells Salou hotel to Tikehau Capital for €13M 27 February 2026 Hotels Matutes family acquires Azora’s 75% stake in three hotels for €300M 02 March 2026