Europe’s property sector is in the midst of a cyclical downturn which is coinciding with long-term structural changes to real estate, according to the latest edition of the Emerging Trends in Real Estate Europe report issued by PwC and ULI. However, real estate generally is seen as one of the few asset classes to generate acceptable returns at a time of low or negative interest rates.
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.
