The government in Lisbon is struggling to get the EU to acknowledge how much the economy has improved. Yet, two significant transactions in recent weeks highlight how real estate in Portugal – the P in the Global Financial-Crisis-ravaged 'PIIGS' countries on Europe’s periphery – is on the road to recovery.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
