The FTSE UK Commercial Property Index fell 1.44% in July 2008, after recording a 1.1% drop in the month earlier, bringing the total return over the last 12 months to -12.79%. The FTSE UK Commercial Property Capital Index experienced a net return of -1.83% in July, compared with -1.5% in June, returning -16.73% year-on-year.
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.
