Mirland Development Corporation, the Cypriot-based real estate company, expects to raise £143.4 mln (about EUR 213 mln) through an initial public offer of 30 million new shares in London. The price is 478p per share. Trading in the shares on the Alternative Investment Market (AIM) is expected to begin on December 18.
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.
