Standard Life Investments (SLI) has been reappointed by Lothian Pension Fund to manage a segregated property portfolio valued at £350 mln (EUR 444 mln) following a competitive tender 'involving a number of investment houses'. Edinburgh-registered Standard Life is one of the largest property investors in Europe, and the Lothian Pension Fund has assets of £3 bn.
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.
