Real estate investment company Kenmore Euro Industrial Fund has announced the acquisition of seven industrial and warehouse buildings in Germany, France, Sweden and Norway for a total of EUR 70.19 mln (£47.2 mln). The transaction, which generated a combined yield of 8%, was the first by fund since it raised EUR 208 mln with a listing on the London Stock Exchange in September.
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.
