A 50-50 joint venture of Irish building group Rhatigan and stockbroking firm Goodbody Stockbrokers has sold the Brunel office development in Dublin for about EUR 60mln to a private investor. The deal reflects a net initial yield of 5.35%. Savills Irish office, Savills Hamilton Osborne King, acted for the buyer.
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.
