Belgium is considering the creation of a new non-listed REIT structure for pan-European institutional investors in direct property aimed at establishing the country as a centre for tax-efficient fund structures to rival neighbouring Luxembourg, the PropertyEU/EPRA Benelux Investment Briefing at the Realty real estate trade fair in Brussels heard on Wednesday.
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.
