Total returns on the IPD UK Monthly Index fell for the third consecutive month in October, dropping 1.5% month-on-month after sliding 1.2% in September. The October performance was the second-worst since the index began in January 1987, beaten only by the performance in May 1990, IPD Impulse said.
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.
