CBRE UK Property PAIF, a property authorised investment fund managed by CBRE Global Investors, has acquired a logistcs scheme in Greater London for £33.1 mln (€39 mln) from Kier Property. The price reflected a net initial yield of 4.6%.
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.
