Investment volumes in Central London in the first quarter of 2008 reached their lowest level in three years at only £ 2.83 bn (EUR 3.58 bn) according to the latest Central London investment market figures from Cushman & Wakefield. The impact of the credit crunch is the main cause of a decrease in comparison to the £ 3.9 bn (EUR 4.94 bn) in transactions in the first quarter of 2007.
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.
