HSBC aims to sublet 50% of its London-based headquarters at Canary Wharf, ceo Michael Geoghegan told a financial conference in Lisbon last week. 'I've challenged us within seven years to have 50% of that building empty, to sublet to someone else. I don't think we’re a really progressive, perceptive company if 8,000 people have to get up every day at an unearthly hour and go back again,' the Times newspaper reported.
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.
