Unite Group, the UK student accommodation specialist, is seeking to recover £30 mln (EUR 35 mln) that was placed on fixed-term deposit with the London branch of Icelandic bank Landsbanki. The funds were accrued following asset sales by the UNITE UK Student Accommodation Fund (USAF) in August this year.
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.
