Citigroup has cut back its long list of real estate advisers for its transaction management services across Europe, the Middle East and Africa (EMEA) to three - CB Richard Ellis, Cushman & Wakefield and Knight Frank. The joint mandate covers more than 1,640 offices, call centers and retail outlets in 53 countries across EMEA totalling about 1.2 million 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.
