Mateus, Banif JV to develop Portalegre mall

Portugal's Grupo Mateus has announced it is to develop a new 16,000 m[sup]2[/sup] shopping centre in the Portuguese city of Portalegre. City Shopping Portalegre will be built in a joint venture with bank Banif, private financial group Millenium BCP and the real estate investment fund Eminvest.

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