Developer Canary Wharf Group, a subsidiary of Songbird Estates, is to embark on its first project outside the Canary Wharf estate. Morgan Stanley Real Estate Fund V and Exemplar Developments, on behalf of Omega Land, have teamed up with the Canary Wharf Group in a joint venture to redevelop the Drapers Gardens office scheme in the City of London.
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.
