Itacare Capital Investments began trading on the Alternative Investment Market (AIM) of London Stock Exchange on Wednesday, having raised EUR 56 mln in its IPO to fund development of beachfront villas in Bahai, Brazil. Itacare is a limited liability, closed-ended real estate company incorporated in the British Virgin Islands.
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.
