Development award

Lagos-based residential development A Fábrica has won an award for being the best redevelopment project of the year by Portuguese construction newspaper Jornal Construir.

A total of 20 per cent of this new closed condominium, which has 50 apartments and is near Lagos Marina, has already been sold.

The development project made use of an old ceramic factory and its original features to create the residential apartments as well as 90 parking spaces, a communal swimming pool and gardens, with a total investment if 16 million euros.