Alfana buys a shopping centre in Faro for 130 million
The manager, also owner of Xanadú and Moraleja Green, increases its 'retail' assets to 1.000 million euros.
Alfana Investment Management has acquired the Forum Algarve shopping centre in Faro, Portugal, for approximately 130 million euros. The centre, built in 2001, has 115 stores, over 2,200 parking spaces and 27,400 square metres of space. In 2025, the centre's operators reported sales of over 120 million euros and 7.8 million visitors. The acquisition brings Alfana's retail assets under management to 1,000 million euros.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
