Segro, the flexible business space real estate investment trust, announced on Tuesday that Ian Sutcliffe is to be appointed managing director of the group's UK Property division. Sutcliffe is also joining Segro's board. He stepped down as chief executive of the UK arm of house builder Taylor Wimpey at the beginning of the week.
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.
