French SIIC Terreis said that it has acquired EUR 92 mln worth of French properties as it seeks to take advantage of investment opportunities in the market. The company has acquired three office buildings and seven retail units in Paris and its surroundings in the past quarter, bringing the total investment so far this year to nearly EUR 150 mln. In total, the investments reflect an initial yield of 6.74%.
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.
