AMB Property Corporation, the San Francisco-based property developer and owner, has leased more than 14,600 m[sup]2[/sup] in a development adjacent to Madrid's Barajas International Airport to three customers. The main tenant is food and beverage group Leche Pascual, which is taking up 9,700 m[sup]2[/sup] and will use the facility for distribution throughout Madrid and the Iberian peninsula.
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.
