Investment manager AEW Europe has sold two French retail portfolios, Sérénité 1 and 2, for a total of EUR 40 mln. The pan-European company said that it has divested Sérérité 1 to SCPI Immorente and OPCI RFA Sofimmo, managed by Sofidy, for a total of EUR 21.5 mln.
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.
