UK-based Development Securities has announced the sale of the freehold interest in the Cavendish Walk shopping centre in Huyton, near Liverpool, for close to EUR 36 mln. In a press release, the company said it opened the new 10,219 m[sup]2[/sup] shopping centre in November 2006, after it purchased the site in January 2005.
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.
