Eurohypo, the real estate arm of Commerzbank, has posted a loss of EUR 921 mln in its public finance/treasury division during the first half of 2011. However, the commercial real estate arm moved back into black for first time since 2008.
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.
