The number of forced sales of distressed properties will definitely increase in the foreseeable future, according to John Plender, CEO of UK-based real estate company Quintain. 'The banks have been playing carefully, they don't want to dump properties on the market. But it's impossible to stop.'
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.
