Cushman & Wakefield has acquired its alliance partner in Turkey, P&D Real Estate Consultants, as part of the global property adviser's European expansion. Istanbul-based P&D was founded in 1988 and became C&W's partner in the Turkish market three years later. P&D's managing director Rahsan Cebe will become a partner of Cushman & Wakefield and director of the consolidated Turkish office.
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.
