The Developer

Sonae - A reliable partner

Sonae SGPS has a worldwide presence with total assets of 9 billion Euros and 58,000 employees in 14 countries. Sonae manages a portfolio of diversified businesses by setting strategic guidelines, monitoring their performance, fostering synergies between them and identifying new business opportunities. Sonae’s business portfolio includes interest in retail, shopping centre, telecommunications, services and tourism.

Sonae Turismo specializes in the tourism sector. Its core business is the development and marketing of recreational property projects. The synergies between the various businesses such as hotel management, leisure and travel create clear competitive advantages for the group.

With a turnover of more than 6.6 billion Euro in financial year 2004, Sonae is one of the most important Portuguese private commercial groups.