Spanish infrastructure group Ferrovial is resurrecting its plan to sell its part of a property portfolio worth £1 bn around London's Heathrow and Gatwick airports, according to Spanish newspaper Cinco Dias. The news follows earlier media reports that Ferrovial had lost interest in the sale after the frontrunner in the bidding contest withdrew its offer due to the credit crisis.
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.
