Higher risk premiums have generated further upward pressure on yields, with average prime office yields having moved out by 60 basis points over the last 12 months, according to Savills' latest European office markets report. The report states that the average CBD yield is 5.5% with cities such as Amsterdam, Athens, Lille, London and Oslo seeing increased yields to over 5.60%.
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.
