Canadian pension fund CPP Investments has acquired the ownership of the UK’s third largest shopping centre, the Trafford Centre in Manchester, in its role as creditor to Intu Trafford Centre Group (ITCG), a subsidiary of collapsed UK retail specialist Intu Properties.
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.
