UK supermarket group Sainsbury's has divested two distribution warehouses this month in sale-and-leaseback deals worth a total of about EUR 110 mln. Two months ago Sainsbury's announced it would not be selling off the majority of its substantial property holdings - mainly comprising its supermarket premises - as part of what transpired to be an abortive bid by Qatar-backed fund Delta II to acquire the retailer.
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.
