Tamar European Industrial Fund has signed an unconditional agreement for the sale of two assets in the greater Oslo district, for a net price of £15.5 mln (EUR 18 mln). The sale price reflects a net initial yield of 7.21% and is 9% above the last valuation carried out in September 2011. The purchaser is a private investment company.
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.
