LaSalle Investment Management has said its Asia Opportunity Fund III will have a potential warchest of EUR 8.2 bn to spend on real estate in developed parts of Asia. Announcing the final closing of the fund, LaSalle said it had raised EUR 2 bn, which with leverage would give the fund a total buying power of EUR 6.8-8.2 bn.
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.
