Global asset manager Barings has completed the joint venture acquisition of an office development scheme in Southbank, London for £43.25 mln (€51 mln). €51m LBS, a London based developer, is Barings’ joint venture and development partner for the project. The development scheme was acquired from LaSalle Investment Management.
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.
