290
290
  • Transaction / Assets
    Maiar Acquires Former Textile Factory in Covilhã
  • Seller
    na
  • Buyer
    Maiar
  • € MM

Maiar to Convert Factory in Covilhã into Student Housing

31 May 2019 – Richard D. K. Turner

Maiar, a developer that is backed by Portuguese and international investors, acquired the former textile factory Francisco Alçada, a derelict property in Covilhã. The developer is planning on creating a Portugal-wide network of university residences, according to an article in Dinheiro Vivo.

The former factory, which is located in the interior of Portugal, east of Coimbra, will house approximately 250 students at the University of Beira Interior by September 2020. A presentation of the project stated that the development would include common areas, study rooms, a gym and services such as laundry and cleaning.

Original Story: Dinheiro Vivo / Lusa