UK investment banking group Evans Randall has entered the German market by acquiring the Konigsbau Passegen shopping centre in Stuttgart from HSH N Real Estate for EUR 220 mln. The sale is subject to the approval of the Baden-Wuttemberg state trust.
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.
