Global real asset investor AXA Investment Managers - Real Assets (AXA IMRA) has acquired a portfolio of 11 European hotels from Principal Hotel Immobilien Spezialfonds, managed by European real estate investment manager Principal Real Estate, for a net price of €531 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.
