Property adviser Cushman & Wakefield said on Tuesday that the Central London property market saw a record GBP 18.7 bn (EUR 24.7 bn) in investment in 2007, well up on the £14.5 bn registered the previous year. This was a despite a sharp drop in investment in the fourth quarter, to GBP 2.32 bn from GBP 3.56 bn in the last quarter of 2006.
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.
