Frankfurt-based Deutsche Immobilien Chancen Asset has announced the sale of an office portfolio to the French investor Inovalis for EUR 90 mln. The sale comprises 48 assets from the FraSpa portfolio, acquired by DIC in 2004, and the MEAG portfolio, purchased in 2005.
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.
