Arrow Global, a leading European vertically integrated asset manager specializing in credit and real estate, has completed the acquisition of Grande Buganvília, the owner and operator of the Hilton Vilamoura – As Cascatas Golf Resort & SPA, a five-star hotel, which also operates the four-star Vilamoura Garden.
“This acquisition reinforces the investment we have made in Portuguese hotels, adding 294 rooms to the portfolio,” announces John Calvão, Principal of the Arrow Global Funds.
Francisco Moser, CEO of Hospitality at Arrow Global Portugal, adds that “Vilamoura and the Algarve are highly strategic for Arrow Global and the funds it manages. This is after the acquisition of Vilamoura World, Details Hotels & Resorts and, more recently, Dom Pedro Hotels”.
Arrow Global’s strategy involves managing the operation of the two hotels, with a plan to modernize the infrastructure, since the rooms were refurbished in 2022, as well as integrating this offer into the Vilamoura universe already owned by the group.
Image: Hilton Vilamoura – As Cascatas Golf Resort & SPA
“We are very pleased with this deal. We continue to expand in Portugal and these two units are emblematic in Vilamoura, not least because of their location between the Dom Pedro Old Course and Dom Pedro Pinhal, both golf courses owned by Arrow funds,” says João Bugalho, CEO of Arrow Global Portugal.
The acquisition process was managed by Norfin Serviços, a subsidiary of Arrow Global. Francisco Sottomayor, CEO of Norfin, explains that “our experience in acquisition processes like this is one of Norfin’s strengths. We are pleased to have contributed with the know-how we have of the region and the sector, namely since the acquisition of Vilamoura World”.
Arrow Global, Europe’s leading vertically integrated asset manager specializing in credit and real estate, has
The growing investment in the hotel sector in Portugal has led Arrow Global Portugal (AGPT),
Arrow Global, the European vertically integrated asset manager, has completed the acquisition of the main
