Allianz Real Estate has secured its first third-party client for its €3 bn Luxembourg-based debt vehicle, having received a commitment by German pension fund Bayerische Versorgungskammer (BVK) to take a €300 mln stake in a sub-fund alongside Allianz.
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.
