Union Investment Real Estate has carried out its second investment in central Berlin in a matter of weeks. In the latest deal, the Hamburg-based investor acquired Neue Promenade 6, a 3,140 m[sup]2[/sup] office and retail property, from a private investor. The financial details were not disclosed.
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.
