Union Investment Real Estate was the top German investor in the Netherlands in 2011 thanks to its acquisition of the first building of the Monarch project in The Hague for EUR 70 mln. The Hamburg-based manager of open-ended and special funds also purchased the Crowne Plaza hotel in the Dutch capital for almost EUR 50 mln.
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.
