AXA Real Estate has maintained its lead as the biggest fund manager in Europe, according to a new survey by INREV in cooperation with its Asian counterpart ANREV. In total, the Paris-based fund manager had EUR 39.8 bn assets under management (AUM) as of end-December 2011.
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.
