British Land has announced an £88 mln (EUR 130 mln) sale and leaseback agreement with telecommunications company Cable & Wireless for nine properties. The majority of the Cable and Wireless properties are in London and operate as offices and network sites. The total floor space is 33,900 m[sup]2[/sup].
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.
