A consortium of Johannesburg-listed Redefine Properties, US investment firm Pimco and New York-listed Oaktree Capital has agreed to acquire a portfolio of 28 retail assets in Poland. The portfolio was sold by funds managed by Ares Management, AXA Investment Managers – Real Assets and Apollo Rida for around €1 bn.
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.
