Pan-Europe property funds delivered a net fund return of 0.4% in the first quarter 2016, a decline from 2.8% in the previous quarter and from 3.3% in the same period a year earlier, the IPD Pan-Europe Quarterly Property Fund Index shows.
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.
