Our history


Our 23 years of history summarize Norfin’s experience as well as its multidisciplinary and technical capacity, qualifying us as a reference in Real Estate Investment Management in Portugal.

Norfin was founded in 1999 as a Real Estate Private Equity, with the objective of providing Portuguese institutional investors with the possibility of including indirect real estate investment in their asset portfolios by investing in regulated real estate investment funds. In 2018, we joined the Arrow Global Group, one of the largest European groups in investment and portfolio management, with a presence in 5 countries.

We are one of the national references in the management of real estate investments, with approximately €1,5 billion of assets in funds or special purpose vehicle companies of national and international institutional capital, with a high diversity of profiles and strategies.

We seek to generate above-average risk-adjusted returns with a rigorous, proactive, and multidisciplinary approach, as our team gathers top professionals in the areas of investment, operational management, architecture, commercial management, engineering and construction management. This allows us to add value, from the most core assets to the most complex, having too a renowned track record in real estate development in several sectors.

We are focused on maximizing customer value and seek to develop long-lasting and trusting relationships by way of a strong alignment of interests and the sharing of ethical principles and social responsibility. We believe and show every day that it is possible to provide the highest returns and leave a positive mark in the towns for your occupants.


The Arrow Global Group/

Founded in 2005, Arrow Global specializes in the acquisition and management of non-performing and non-core assets. It identifies, acquires, and manages secured and unsecured loan portfolios and real estate assets from banks and financial institutions. Arrow Global is business is regulated in several of the five European countries in which it operates, with more than €60 billion under management and 2,500 employees.

Arrow Global operates under the Capquest and Mars Capital brands in the UK; Vesting Finance in the Netherlands; Zenith Service, Europa Investimenti, Whitestar Italy and Sagitta SGR in Italy.

In Portugal, Arrow investments include, among other companies, 100% equity in Whitestar, Hefesto, Norfin e Restart Capital.

We recently included the management of Vilamoura World in our portfolio. The business represents a co-investment between a group of national investors and the Arrow Global investment fund. The operation, with the investors, was supported by Norfin, which currently assumes consulting functions in the management of Vilamoura.

Grupo Arrow Global

*Billion (move your cursor over the marked dates to find out more).

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