Total returns in Irish commercial property picked up in the third quarter to 3.3% quarter-on-quarter compared to 3% in the second quarter according to the SCS/IPD quarterly index 2007.The index also found that offices regained their crown as the best performing sector in Q3, with a total return of 4.2% compared to 2.7% in industrial and 2.6% in retail.
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.
