The property arm of Italian insurance group Generali said on Thursday that it has joined forces with a major Asian investor to acquire New Station, a prime office asset in the Montparnasse area of Paris. Although financial details were not disclosed, market rumours put the deal price at over €300 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.
