Investment firm Praxis has acquired a portfolio of eight UK office properties from Blackstone-managed real estate funds for £65 mln (€89 mln), reflecting a net initial yield of 8.19%.
Investment firm Praxis has acquired a portfolio of eight UK office properties from Blackstone-managed real estate funds for £65 mln (€89 mln), reflecting a net initial yield of 8.19%.
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.