European property investor Hansteen has acquired £150 mln (EUR 221 mln) of property at yields in excess of 8% per annum since it was incorporated and listed on London Stock Exchange's AIM market in November 2005. Hansteen was established by Ian Watson and Morgan Jones who were previously founders and directors of Ashtenne Holdings.
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.
