Portugal

Thor acquires project for a senior residence in Porto

Thor acquires project for a senior residence in Porto

Thor Spain Private Equity acquired a company that owns land on Rua 5 de Outubro, in Porto, intended for residential structure for the elderly. The operation was carried out through Thor Port, in the acquisition of a company that owns the asset, as well as the technical project and the operator's contract.

In this space, it will establish a six-storey building with a surface area of ​​over 6,910 square meters, which will include 96 single rooms and 8 double rooms. DomusVi, a private long-term care provider, will be responsible for managing the property.

The building is expected to have six floors and a total area of ​​6,915 square meters. The subsidiary company of Thor Spain in Portugal is analyzing a portfolio with six operations, whose investment estimate will be released throughout 2022, according to the group.

It should be remembered that Thor Spain Private Equity was already preparing this offensive to the Portuguese market, with the aim of implementing its internationalization plans.

Iberian Property logo Iberinmo logo
Iberian Property is the best platform for investment in Spain & Portugal. Created for those who seek reliable information about players and deals happening in Iberia. Through updated database, reports, market indicators and daily news, we report “Who’s Who” in Iberian Real Estate!. Iberian Property is also proud to organize the most important international real estate investors’ meeting in Iberia - Portugal Real Estate Summit!