Industrial property specialist Prologis has announced the appointment of Thomas Karmann as senior vice president, regional director Northern Europe, effective from 1 June 2012. Karmann will be responsible for all operational activities in Germany, Austria, Benelux and Scandinavia and reports to Philip Dunne, Prologis' president Europe.
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.
