Private UK banking group Evans Randall has poached an entire debt lending team from real estate lender Capmark Finance Group to establish a EUR 625mln mezzanine and preferred equity fund targeted at leveraged property deals in the current turbulent market. The fund, known as Evans Randall Capital Partners, will operate in the UK, Continental Europe, the Gulf States and Asia.
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.
