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 Goldman Sachs finances €145M to develop Ilangas Incosol project in Marbella 14 September 2026 Hotels Tikehau and Quest commit over €150M to first four Selecto hotels 07 September 2026