Credit Suisse Asset Management (CSAM) is planning to develop more property in Europe and expand its real estate business beyond its core Swiss and German markets. 'We are spreading out with products that give our clients global exposure and by getting more involved in development in the rest of Europe,' CSAM's head of real estate strategy Peter Delisperger told news agency Reuters.
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.
