Iberian Property > News > Hotels Sonae Sierra and PGIM invest €60M in a luxury resort in Algarve The project, located on the Algarve beachfront, will comprise a total of 158 keys across hotels and apartments, featuring a leading international luxury brand. Alexandre Lima | 16/12/2024 Exclusive Content NOT A SUBSCRIBER YET? SUBSCRIBE HERE >> Already a subscriber? LOGIN HERE >> Related news: Market Updates Spain attracts 23% of European investment in aparthotels 24 April 2026 Hotels Silken Hotels acquires hotel in Girona from TQ-MR Family 14 April 2026