The board of UK self storage company Big Yellow confirmed on Tuesday that it has completed the £325 mln (EUR 407 mln) financing of its portfolio. The real estate investment trust, or REIT, announced at the start of the month that it has arranged the loan with Germany's HSH Nordbank to replace a similar facility provided by a syndicate of banks led by the Royal Bank of Scotland.
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.
