As the search for yield becomes ever more desperate, there's a growing risk that real estate investors will allocate more capital to development which could, as a result, lead to the creation of the next real estate bubble, Thomas Wels, global head of real estate at UBS Asset Management, has warned in an interview with PropertyEU.
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.
