HISTORY AND BACKGROUND
Established by Carlos Pardal who owned 80% of the company, with Eurovida owning the remaining 20%.
Sonagi SGPS – the main shareholder of the prominent Portuguese industrial group Semapa - purchased the 80% stake with Eurovida retaining its 20% holding.
Sonagi purchased Eurovida’s 20% stake and became the sole shareholder.
Refundos was acquired by a combination of the Rivercrown Group (80%) and its management (20%). The new shareholders intend to considerably increase assets under management.
OVERVIEW
Refundos is 80%-owned by the Rivercrown Group, and 20%-owned by Frederico Moreira.
Rivercrown is a pan-European real estate business services with two business lines: Principal Investment and Financial and Capital Markets Advisory.
Rivercrown originally entered the Portuguese market in 2016 through the acquisition of the local real estate finance business of Commerzbank AG. This included the management of its Portuguese loan book: €1.3 billion across 32 properties.
REFUNDOS' BOARD AND SENIOR MANAGEMENT:
Highly qualified team covering a multitude of skill-sets, operating both locally and internationally.
