Brussels, 14/10/2011 (Agence Europe) - On Wednesday 12 October, the European Investment Bank (EIB) and the government of Portugal announced the creation of three urban development funds (totalling €130 million) for investment in urban development in Portugal.
The three funds will be managed by Banco BPI SA (€64 million), a consortium of Caixa Geral de Depositos SA and Instituto de Habitação e da Reabilitação Urbana IP (€51 million) and Tourismo de Portugal IP, the central...