Hungarian property developer Ablon Group plans to raise up to EUR 151 mln by floating about a third of the company on the Alternative Investment Market (AIM) in London to fund its expansion in eastern Europe. The shares will be sold on February 7 at a price set between £2.38 and £2.85, valuing the company at between £249.9 mln and £299.25 mln (EUR 453 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.
