The way has been cleared for US investors to use future contracts based on the benchmark FTSE EPRA/NAREIT Europe and FTSE/EPRA Euro Zone indices to get exposure to European real estate stocks. The Washington-based Commodity Futures Trading Commission (CFTC) ruled recently that the futures traded on NYSE Euronext's Liffe derivative business can be offered and sold in the US.
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.
