As pension funds are set to invest a forecast EUR 24 bn or more annually in Europe's real estate market over the next few years, the impending launch of Italy's Societa per Investimento Immobiliare Quotate' (SIIQ) - the Italian version of a real estate investment trust (REIT) - has been greeted enthusiastically by real estate specialists across Europe.
Portuguese real estate investor and developer Bondstone is investing around €70 mln in a residential development in Belas Clube de Campo, municipality of Sintra, Portugal.
