Foreign investors widening their search for prime properties helped push the 2011 transaction volume for Central and Eastern Europe to more than EUR 11 bn - double that of the previous year, according to CRBE. PropertyEU's analysis of EUR 20 mln-plus deals during the fourth quarter tracked more than EUR 1 bn of activity by cross-border investors in the region.
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.
