The UK real estate sector stayed in negative territory in the second quarter of 2008. Jones Lang LaSalle's UK Property Index recorded an All-Property total return for the period of -1.3%. This translated into annual total returns of -15.1%, which the property services company said was the lowest annual figure since the index began in 1978.
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.
