MGP acquires a camping facility located in Odeceixe, Portugal
We are pleased to announce that today we have acquired a camping facility located in Odeceixe, Portugal, situated on the border between the Algarve and Alentejo regions, just 10 minutes from the beach. Covering 7 hectares, the site features 41 accommodations and 100 pitches.
This acquisition marks Meridia's entry into the Portuguese market and represents Meridia’s twelfth acquisition to establish a sustainable glamping platform with wecamp. The property boasts an excellent location and layout, positioning it to become one of the premier campgrounds along the Costa Vicentina. A comprehensive repositioning refurbishment is planned to enhance the site and introduce the wecamp brand.
Open-air hospitality operator wecamp has announced its expansion into the Portuguese market with the acquisition of two premium assets: Reserva Alecrim, and São Miguel, in Odeceixe. Together, these properties span over 21 hectares and feature approximately 300 accommodation units.
We are thrilled to announce that Meridia has achieved the highest possible score – 5 stars – across all modules of the UN PRI reporting!
This week we acquired a residential building located in Barcelona, in the Sant Antoni area. The building is fully renovated with high standards of quality and has 11 residential units.
Our portfolio company, Volotea, has strengthened its equity to approximately €100 million and has welcomed AEGEAN Airlines, the largest airline in Greece and a long-standing commercial partner, into its shareholder base.
