Open navigation
Search
Offices – Portugal
Explore all Offices
Global Reach

Apart from offering expert legal consultancy for local jurisdictions, CMS partners up with you to effectively navigate the complexities of global business and legal environments.

Explore our reach
Insights – Portugal
Explore all insights
About CMS – Portugal
Search
Expertise
Insights

CMS lawyers can provide future-facing advice for your business across a variety of specialisms and industries, worldwide.

Explore topics
Offices
Global Reach

Apart from offering expert legal consultancy for local jurisdictions, CMS partners up with you to effectively navigate the complexities of global business and legal environments.

Explore our reach
CMS Portugal
Insights
About CMS
More about CMS

Select your region

Newsletter 25 Jul 2025 · Portugal

Transfer of the right to operate and manage 8 hotel units of IU and Bina hotel chain

Business Alert

3 min read

On this page

Context

-          In July 2025, the Institute for the Management of State Assets and Holdings (“IGAPE”) launched a public tender, limited by prior qualification, for the concession of the right to operate and manage eight (8) hotel units from the IU and Bina hotel chains.

-          The hotel units are organized into separate lots, duly identified and grouped according to their operating conditions, as follows:

GROUP A – Complete building with furniture

§  Lot 1: Hotel IU Caxito - Torre A, located in Caxito, Bengo, with a concession period of 10 years and a base bidding amount of Kz 50,736,386.06.

§  Lot 2: Hotel IU Saurimo - Torre A, located in Saurimo, Lunda Sul, with a concession period of 10 years and a base bidding amount of Kz 67,991,833.00.

§  Lot 3: Hotel IU Uíge - Torre A, located in Uíge, with a concession period of 10 years and a base bidding amount of Kz 44,533,104.00.

Group B - Unfinished and unfurnished building

§  Lot 4: Hotel BINA Soyo (Aparthotel), located in Soyo, Zaire with a concession period of 12 years and a base bidding amount of Kz 57,377,327.00.

§  Lot 5: Hotel IU Soyo - Torre A, located in Soyo, Zaire, with a concession period of 12 years and a base bidding amount of  Kz 41,392,540.00.

§  Lot 6: Hotel IU Soyo - Torre B, located in Soyo, Zaire, with a concession period of 12 years and a base bidding amount of  Kz 41,392,540.00.

§  Lot 7: Hotel IU Soyo - Torre C, located in Soyo, Zaire with a concession period of 12 years and a base bidding amount of Kz 41,392,540.00.

§  Lot 8: Hotel IU Tômbwa - Tower A, located in Tômbwa, Namibe, municipality of Tômbwa, with a concession period of 12 years and a base bidding amount of Kz 45,428,276.36.

Tender

-          The award will be made through a Tender Limited by Prior Qualification and by entering into a Concession Agreement for the Right to Operate and Manage the Hotel Units.

-          The Tender is open to national and foreign entities.

-          An option to purchase the hotel units is granted.

-          The award is subject to the payment of a security deposit equal to 15% of the purchase option value, to be made within a maximum of 10 days from the date of notification of the award.

-          The award criteria will be based on the highest bid for the annual fixed rent.

Tender documents

-          Those interested in taking part in the Tender may obtain the procedural documents on IGAPE's website, free of charge.

When

-          Applications must be submitted by 3pm on 28 July 2025.

If you would like more information, please contact us.

Back to top