German investors are showing more interest in regional capitals in the UK as a way of diversifying their London-dominated holdings. Glasgow was top of the list in November. Union Investment acquired the 6,308 m[sup]2[/sup] Equinox Building in Glasgow. The price for the fully let Grade-A building was kept confidential but it is believed to have been in the region of £28.3 mln (EUR 33 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.
