Property fund manager Teesland has agreed to a £1.91 per share offer from Australian peer Valad for the remaining 28% of Teesland that Valad does not already own. The offer values Teesland at £240 mln (EUR 337 mln).
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.
