Plans by private equity groups to buy Sainsbury to profit from its freehold property worth an estimated £7.5 bn (EUR 11bn) have been overshadowed by a warning from the UK retailer's pension fund that it could face a £3 bn shortfall if the takeover goes ahead.
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.
