Rugby Estates Investment Trust (RugbyReit) has made an offer worth £21.5 mln (EUR 30 mln) to aquire the entire share capital of George Philip Properties Group (GPPG) from private investors. GPPG has assets in London and Northern Ireland valed at £26.7 mln which generate a rental income of £1.1 mln annually.
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.
