Some 59% of pension funds in Norway, Sweden and Denmark plan to increase their holdings in non-listed real estate over the next five years, according to a survey put together by Lymos BV Real Estate Capital Advisors. The average planned increase in investment allocations to the sector was 12%. At the same time, most funds surveyed described their involvement with non-listed real estate holdings as a very active one.
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.
