The FTSE EPRA/NAREIT Global Real Estate index of the largest and most heavily traded property stocks in the Asia-Pacific region, Europe and North America has continued the downward momentum from last year to finish at -5.5% in January. Global equity markets also dipped in the red (-0.8%), while the bond markets added 1.7% in January.
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.
