OGER sells Prime Yield to Gloval

OGER sold Prime Yield to Gloval as a way of expanding the company’s horizons, and therefore investing in its growth and expanding its presence in Spain and the rest of the world.

With this enterprise, Gloval, in turn, reinforces its valuation and real estate consulting services for real estate funding. Furthermore, with this acquisition, Gloval will now be present in the Lusophone markets of Latin America and Africa.

Prime Yield, a Portuguese company registered with CMVM and certified by RICS, provides services to a wide range of clients, among which are the largest fund managers, financial organizations, insurance companies and companies in the hospitality, automotive, health or logistics industries. 

As a result of this enterprise, Gloval will integrate the 80 professionals who are part of the Prime Yield team and are distributed among the three offices in Portugal and its branches in Brazil, Cape Verde, Mozambique and Angola.

Nelson Rêgo, founder and the first CEO of Prime Yield, will take on his roles in a dual capacity, keeping his current position but with the added responsibility for the international development of business for Gloval in the valuation and real estate consulting sectors for investment funds.

Share post:

Related News