Net capital outflows from British property funds slowed in the first three months of 2008 to £500mln (EUR 634mln), down 60% on the previous quarter according to new research released on Wednesday by the Association of Real Estate Funds (AREF).
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.
