Market

British Sixth Street Acquires 15 Buildings From Quinta da Fonte for 150 Million Euros

Signal Capital sold the properties to Sixth Street in partnership with Acacia Point Capital for approximately 150 million euros. The sale of the fifteen buildings, located in Quinta Fonte in Oeiras, would be one of the biggest real estate deals of this year, according to the Jornal de Negócios.

3-Month Euribor Up, Holds Steady at 6 Mos. And Falls at 12

Euribor rose today at three months, held steady at six and fell at 12 months.

Residential Bank Valuations Rose to €1,215/m2 in June

The average value of residential bank valuations rose by three euros in June compared to the month before.

New Mortgages Up 30.5%

Eleven thousand, eight hundred new housing units were licensed, while cement consumption increased by 10.5% in the year to May.