Edinburgh-based Ediston Properties has launched a new property fund targeting a size of some £400 mln (EUR 584 mln). The Ediston Opportunity Fund is backed by 16 institutional clients, mainly pension funds, who have committed £250 mln for immediate investment.
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.
