Invesco Real Estate is gearing up to launch an Asia fund for German institutional investors in Q1 2011, Robert Stolfo, Director of Business Development in Germany, told PropertyEU in an interview. The fund aims to raise between EUR 200 -250 mln in equity and will be registered as a Luxembourg-based spezialfonds, he added.
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.
