CB Richard Ellis have cast doubt on further growth in the Irish retail market. 'Considering the quantum of retail accommodation that has been developed in Ireland in recent years and the fact that consumer spending is now slowing, the potential for strong rental growth in the Irish retail sector is weakening', the Irish office of the property adviser said in its latest Retail Market overview.
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.
