AXA Investment Managers - Real Assets (AXA IMRA) has emerged as the buyer of a portfolio of 11 European hotels from Principal Real Estate's Hotel Immobilien Spezial Fonds in an off-market deal worth €545 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.
