Mercan chose Portugal as the base for its European operations in 2015, attracted by its safety, stability, and hospitality, as well as the opportunities in urban rehabilitation for tourism purposes. In Portugal, Mercan is responsible for the investment and development of 31 projects in the hospitality sector across the country, with a portfolio worth €1.2 billion. These investments highlight Mercan’s commitment to the tourism sector in Portugal through foreign investment, driving the country’s economic growth while ensuring top-quality hospitality and an unparalleled experience.

Climate action

Mercan is on a recent but ambitious ESG journey. We have established a decarbonization plan for our operations, including our fleet, with a target for completion by 2026. Our goal is to lead the national market with the greenest portfolio, focusing on LEED and BREEAM certifications, the elimination of fossil fuels, potential for self-consumption and thermal performance, and water efficiency. We also aim to strengthen community support by creating partnerships with local producers and associations, promoting education, and restructuring habitats within our project areas.

Testimony

We are excited to sign the Porto Climate Pact, an initiative aligned with our strategy for an increasingly sustainable business and a reaffirmation of our commitment to Porto’s sustainable transformation.

Miguel Gomes
General Manager C&D, Mercan Properties