UK asset manager M&G has purchased the freehold of 78/92 Great Portland Street and 15/19 Riding House Street in London from Great Portland Estates (GPE) for £49.6 mln (€57 mln), reflecting a net initial yield of 3.9%.
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.
