German property group IVG plans to disslove three of its special funds as part of an extensive overhaul of its stable of funds, Ferdinand von Sydow, business manager for IVG Funds, said in an interview with daily newspaper Financial Times Deustchland. 'We are going to sell down three of our funds having a total volume of EUR 2 bn and then dissolve them,' Von Sydow told the newspaper.
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.
