Dunedin Property has sold The Stones at South Gyle Business Park, Edinburgh, for £35.54 mln (EUR 52 mln). Jones Lang LaSalle (JLL) acted as advisor for the seller. The trio of buildings, which are occupied by the Royal Bank of Scotland, have been purchased by Premier Diversified Property Fund at a net yield of 5.76%. Each of the buildings is occupied by RBS.
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.
