Pramerica Real Estate Investors, the European real estate investment management business of New Jersey-based Prudential Financial, is poised to close on a new fund targeting core junior debt, Andrew Radkiewicz, managing director of Pramerica Real Estate Investors in Europe, told PropertyEU.
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.
