Property development and investment company Helical Bar has sold its leasehold interest at the Garden shopping centre in Letchworth, south-east England, to a joint venture between Vale Retail and Tyburn Lane Private Equity for £37.55 mln (EUR 55.68 mln). The transaction value reflects a net initial yield of 4.3%.
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.
