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Supermarkets in luxury Algarve resorts sold to Portuguese foundations

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Supermarkets in luxury Algarve resorts sold to Portuguese foundations

BUTThe two stores, located in two luxury tourist resorts in the Algarve, have been “sold by the BPI Gestão de Ativos (BPI GA) public real estate investment fund Imofomento to a national fund,” the company that brokered said. deal.

JLL said in a statement that “the deal was completed in the amount of about six million euros, while the food retailer remained in the ownership.”

The announced sale “reflects the growing investor interest in supermarkets and, more generally, in food retail assets,” which has further drawn investor attention following the “resilience” the sector has shown during the coronavirus pandemic.19 Fernando Ferreira, Head of Capital Markets at JLL, quoted in the statement.

“He had particularly positive operating performance in this environment, to which added arguments such as low risk and long-term profitability,” the manager justified, stressing that food retail is “a suitable asset for a variety of investor profiles, including private … , whose investment tickets usually do not exceed five million euros. “

Fernando Ferreira added that “JLL is quite active in the Algarve, where many opportunities are also starting to emerge in areas such as retail and offices.”

READ ALSO: JLL Sells Two Supermarkets Leased to Pingo Doce For 6 Million

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Study points to need for ‘structural cultural change’ in Portuguese sport – DNOTICIAS.PT

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Study points to need for 'structural cultural change' in Portuguese sport - DNOTICIAS.PT

The Portuguese sports sector is in need of a “structural cultural change”, according to a study commissioned by PricewaterhouseCoopers commissioned by the Portuguese Olympic Committee (COP), the Portuguese Paralympic Committee (CPP) and the Portuguese Sports Confederation (CDP).

The second part of this report, published today, on the state of the sector in Portugal compared to other European countries and after the covid-19 pandemic, speaks of the desire to “carry out structural cultural changes”, towards a “society that recognizes the social and economic importance of sport and regularly engages in physical and sports activities.

In particular, the problems of the Portuguese sports system are numerous and have several “long-standing structural vulnerabilities”.

A “poor funding structure” with underfunding and heavy reliance on the public sector “by local authorities”, as well as the “short” cost of the central government and gambling, betting operators and other arrangements, exposes the sector to difficulties.

Other weaknesses range from low levels of professionalism to “alarming levels of participation in sports” with historic lows without effective government action, with disinterest “particularly among women, ethnic minorities, people with disabilities and the elderly”, in addition to “levels of concern about physical motor illiteracy among children.

Other cited factors are “weak awareness of innovation in sport” and issues of ethics and integrity, as well as “various scandals involving corruption, match-fixing, organized violence and money laundering”.

“In short, the structural deficiencies of Portuguese sport reflect a general lack of sports culture in society. Portuguese sport has deep structural problems that ultimately affect the public’s perception of sport. the socio-economic impact of sports, while, on the other hand, sports organizations have shown a limited ability to respond to challenges due to their low level of professionalism.

Despite the difficulties, the report notes a “positive evolution” in recent decades “with increased national adoption of sport thanks to factors such as regulatory reforms and investment in infrastructure”, but still far from the European average in most countries. indicators.

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“Portuguese governments have failed to place sport on the political agenda and enhance its socio-economic impact, which goes far beyond health benefits,” the summary says.

Thus, the alarming situation shown in the report calls for leading “cultural change and engaging the entire society in recognizing the importance of sport at all levels.”

“[Para isso] sports system partners should improve their strategic alignment and take concerted action,” the report notes.

By identifying six priority areas, which are themselves divided into more than a dozen recommendations, a “comprehensive end-to-end catalyst” is required, which includes, among other things, the development of a National Sports Strategy.

This should “connect all its aspects, improving coordination among stakeholders and enhancing its relevance to the political agenda”, promoting a sector that should be “sustainable” and whose decisions are based on evidence.

Increasing the funding channeled to the sector, with the link between “government funding and sporting success”, reducing bureaucracy and efficient resource management are the consultant’s comments in this area.

Professionalizing the sector, sustainability, increasing physical activity, promoting sports in the education system and in the social inclusion system, promoting the digital transition and linking with the scientific and academic sector are other recommendations, also keeping in mind the issues of social responsibility and honesty.

The first part of the study, presented in July 2021, noted the loss of 16,000 jobs, 3,100 clubs and 595 million euros in this sector due to the impact of the covid-19 pandemic, with a decrease in the number of practitioners by 110,000, with only partially compensate for the damage.

The President of the Constitutional Court calls for a change in the state policy on sports

The President of the Portuguese Olympic Committee (COP) asks in an interview with Lusa to change the paradigm of public policy and investment in sports in the country in order to counter the “unfavorable situation” in this sector.

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José Manuel Constantino spoke to Lusa about the second part of a study commissioned by COP, the Portuguese Paralympic Committee (CPP) and the Portuguese Sports Confederation (CdP), on the state of the industry in Portugal compared to other European countries and after the covid-19 pandemic.

“[O estudo é] confirmation that there is a huge imbalance in the amount of public investment in sport between what is practiced in Portugal and what is predicted in most of the European countries in which the comparative study was carried out,” he emphasizes.

According to the director, this “more comprehensive and in-depth work” in the second part by PricewaterhouseCoopers “clearly reflects the underfunding from a public point of view that the sports sector in Portugal has.”

“The study gives a picture of the situation and offers a number of suggestions on how we can restore the distance we have with most European countries. This will, of course, depend on public policy. […] This is a challenge to public policy,” he adds.

Moreover, the SC is ready to continue to submit proposals to the country, in particular “those who are responsible for governance”, and to cooperate in the search for a new strategy and path for the development of national sports.

Among the topics that José Manuel Constantino lists for “increasing the degree of competitiveness not only externally but also internally” are expanding the base of practitioners and strengthening the associative fabric, among other things, to “implement reforms in the sports system that can help it grow and develop” .

“When we say that a strategy is needed, we are not talking about a special plan, special plans that we had in the past, and, unfortunately, they are in the drawers of departments. In terms of path. We are fully prepared to continue cooperation,” he notes.

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From political power, he hopes that she will look at the study presented today and “make an assessment that she understands and can extract some consequences”, because “it is not enough to do more of the same, we need to do more and differently.” “.

“This is what the study points to and suggests. […] This is not about maintaining the line of succession, but about changing it, and if we want a significant leap, as envisaged in the government’s program, then in 10 years to bring Portugal into the 15 most active European countries in terms of sports,” he comments.

The Portuguese sports sector is in need of a “structural cultural change”, according to the second part of the report released today.

The document emphasizes the desire to “carry out structural cultural changes” towards “a society that recognizes the social and economic importance of sport and regularly engages in physical and sporting activities.”

In particular, the problems of the Portuguese sports system are numerous and have several “long-standing structural vulnerabilities”.

A “poor funding structure” with underfunding and heavy reliance on the public sector “by local authorities”, as well as the “short” cost of the central government and gambling, betting operators and other arrangements, exposes the sector to difficulties.

Thus, the alarming situation referred to in the report calls for leading “cultural change and engaging the entire society in recognizing the importance of sport at all levels.”

Increasing funding directed to this sector, with a link between “government funding and sporting success”, reducing bureaucracy and efficient resource management are some of the consultant’s comments in this area.

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Portuguese newspaper highlights Botafogo’s ‘desire’ for Cristiano Ronaldo after Rafael’s interview

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Portuguese newspaper highlights Botafogo's 'desire' for Cristiano Ronaldo after Rafael's interview

Botafogo

During an interview with the podcast, the side talked about the possibility of hiring an ace, since after the arrival of Textor, the purchasing power of the team has become higher.

Portuguese newspaper highlights Cristiano Ronaldo's 'desire' Botafogo
© Photo: Bryn Lennon / TeamPortuguese newspaper highlights Cristiano Ronaldo’s ‘desire’ Botafogo

During the podcast interview ‘Sports club “Flow”‘, right back Raphael joked about the possibility Cristiano Ronaldo play for Botafogo next season. This statement caused a resonance in Portugal. sports newspaper of the country, ‘A Bola‘, associated the name CR7 with Glorioso.

The report had the following title “Cristiano Ronaldo wants to… Botafogo‘. However, from the article it becomes clear that this was nothing more than a joke on the part of the alvinegro player. OUR portuguese portalalso emphasizes that the persistence of the player in Manchester United for the next season, something is considered uncertain.

In social networks Raphael amused by the headline in the newspaper and joked aboutpossibility‘, which is clear from the title of the article. “You will become the bench of Erison and Matheus (Nascimento), there is no way”, wrote Raphael o’Twitter‘. The party also talked about donating the number 7 shirt to the player. Cristiano Ronaldo. “Not for him, he’s out of shape.”

Raphael was a clubmate Cristiano Ronaldo the first time the player passes through Manchester United. The contract of the 37-year-old Portuguese with the English club runs until June 2023. This season, he has scored 24 goals in 38 games played, in addition to three assists.

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Portugal’s Alexandre Santos returns the title to Petro de Luanda

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Portugal's Alexandre Santos returns the title to Petro de Luanda

Quinito in the 34th minute, Thiago Azulau in the 60th minute and Ito in the 76th minute scored the goals that secured Pétro de Luanda’s 16th title and Alexandre Santos’ first title in Angola. Working Patience at 90+4 reduced the disadvantage.

Petro de Luanda won his last title in 2009 under Portuguese coach Bernardino Pedroto.

New champions Angola scored 68 points ahead of Sagrada Esperanza in second place with 59 points.

Progresso do Sambizanga with 18 points in 14th place, Kabuscorp do Palanca with 14 in 15th place and Sporting de Benguela with nine points in last place can no longer remain in the Angolan First Division. football.

Sagrada Esperanza’s Depu tops Girabola’s top scorers with 19 goals, followed by Thiago Azulao of Petro de Luanda with 17 goals.

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