RREEF Real Estate, the real estate investment management arm of Deutsche Bank's asset management division, said it has acquired a business park in the UK town of Reading for £140.15 mln (EUR 162 mln) on behalf of a leading Asian pension fund. According to well-informed sources, the buyer is Malaysia’s Employees Provident Fund.
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.
